| SCHEDULE OF CHANGES IN THE FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS |
Changes
in the fair value of the Company’s financial instruments for the nine months ended March 31, 2024 and 2023 were as follows:
SCHEDULE OF CHANGES IN THE FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS
| |
|
Level 1 |
|
|
Level 3 |
|
|
Level 3 |
|
|
|
|
| |
|
IPO and Rep Warrants
|
|
|
Debenture Warrants
|
|
|
Debenture Convertible Feature
|
|
|
Total |
|
| Balance at January 1, 2024 |
|
$ |
11,308 |
|
|
$ |
955,000 |
|
|
$ |
1,724,000 |
|
|
$ |
2,690,308 |
|
| Additions |
|
|
- |
|
|
|
564,000 |
|
|
|
359,000 |
|
|
|
923,000 |
|
| Conversions |
|
|
- |
|
|
|
- |
|
|
|
(630,106 |
) |
|
|
(630,106 |
) |
| Change in fair value |
|
|
17,273 |
|
|
|
(736,181 |
) |
|
|
742,677 |
|
|
|
23,769 |
|
| Effect of exchange rate changes |
|
|
(285 |
) |
|
|
(23,819 |
) |
|
|
(43,571 |
) |
|
|
(67,675 |
) |
| Balance at March 31, 2024 |
|
$ |
28,296 |
|
|
$ |
759,000 |
|
|
$ |
2,152,000 |
|
|
$ |
2,939,296 |
|
| |
|
Level 1 |
|
|
Level 3 |
|
|
Level 3 |
|
|
|
|
| |
|
IPO and Rep Warrants
|
|
|
Debenture Warrants
|
|
|
Debenture Convertible Feature
|
|
|
Total |
|
| Balance at January 1, 2023 |
|
$ |
275,115 |
|
|
$ |
2,917,000 |
|
|
$ |
1,457,000 |
|
|
$ |
4,649,115 |
|
| Additions |
|
|
- |
|
|
|
2,378,000 |
|
|
|
1,599,000 |
|
|
|
3,977,000 |
|
| Conversions |
|
|
- |
|
|
|
|
|
|
|
(111,597 |
) |
|
|
(111,597 |
) |
| Change in fair value |
|
|
107,159 |
|
|
|
(2,930,015 |
) |
|
|
(551,176 |
) |
|
|
(3,374,032 |
) |
| Effect of exchange rate changes |
|
|
1,402 |
|
|
|
(55,985 |
) |
|
|
(19,227 |
) |
|
|
(73,810 |
) |
| Balance at March 31, 2023 |
|
$ |
383,676 |
|
|
$ |
2,309,000 |
|
|
$ |
2,374,000 |
|
|
$ |
5,066,676 |
|
|