| SCHEDULE OF CHANGES IN FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS |
Changes
in the fair value of Company’s Level 1 and 3 financial instruments for the year ended December 31, 2024 were as follows:
SCHEDULE OF CHANGES IN FAIR VALUE OF COMPANY'S LEVEL 3 FINANCIAL INSTRUMENTS
| |
|
Level
1 |
|
|
Level
3 |
|
|
Level
3 |
|
|
|
|
| |
|
Equity Warrants
|
|
|
Debenture
Warrants |
|
|
Debenture Convertible Feature
|
|
|
Total |
|
| Balance at December 31, 2023 |
|
$ |
11,308 |
|
|
$ |
955,000 |
|
|
$ |
1,724,000 |
|
|
$ |
2,690,308 |
|
| Additions |
|
|
- |
|
|
|
1,175,000 |
|
|
|
854,000 |
|
|
|
2,029,000 |
|
| Conversions |
|
|
- |
|
|
|
- |
|
|
|
(2,703,836 |
) |
|
|
(2,703,836 |
) |
| Expiries |
|
|
(14,769 |
) |
|
|
- |
|
|
|
- |
|
|
|
(14,769 |
) |
| Change in fair value |
|
|
4,104 |
|
|
|
(1,890,135 |
) |
|
|
493,501 |
|
|
|
(1,392,530 |
) |
| Effect of exchange
rate changes |
|
|
(622 |
) |
|
|
(47,985 |
) |
|
|
(73,903 |
) |
|
|
(122,510 |
) |
| Balance at December
31, 2024 |
|
$ |
21 |
|
|
$ |
191,880 |
|
|
$ |
293,762 |
|
|
$ |
485,663 |
|
Changes
in the fair value of Company’s Level 1 and 3 financial instruments for the year ended December 31, 2023 were as follows:
| |
|
Level
1 |
|
|
Level
3 |
|
|
Level
3 |
|
|
|
|
| |
|
Equity Warrants
|
|
|
Debenture
Warrants |
|
|
Debenture Convertible Feature
|
|
|
Total |
|
| Balance at December 31, 2022 |
|
$ |
275,115 |
|
|
$ |
2,917,000 |
|
|
$ |
1,457,000 |
|
|
$ |
4,649,115 |
|
| Balance |
|
$ |
275,115 |
|
|
$ |
2,917,000 |
|
|
$ |
1,457,000 |
|
|
$ |
4,649,115 |
|
| Additions |
|
|
45,120 |
|
|
|
4,682,000 |
|
|
|
3,816,000 |
|
|
|
8,543,120 |
|
| Conversions |
|
|
- |
|
|
|
- |
|
|
|
(1,229,482 |
) |
|
|
(1,229,482 |
) |
| Change in fair value |
|
|
(314,995 |
) |
|
|
(6,670,231 |
) |
|
|
(2,375,660 |
) |
|
|
(9,360,886 |
) |
| Effect of exchange
rate changes |
|
|
6,068 |
|
|
|
26,231 |
|
|
|
56,142 |
|
|
|
88,441 |
|
| Balance at December
31, 2023 |
|
$ |
11,308 |
|
|
$ |
955,000 |
|
|
$ |
1,724,000 |
|
|
$ |
2,690,308 |
|
| Balance |
|
$ |
11,308 |
|
|
$ |
955,000 |
|
|
$ |
1,724,000 |
|
|
$ |
2,690,308 |
|
|