LOAN PAYABLE RELATED PARTIES (Details) - $ / shares |
12 Months Ended | |
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Dec. 31, 2023 |
Dec. 31, 2022 |
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CONVERTIBLE DEBT | ||
Volatility | 99.89% | |
Dividend yield | 0.00% | 0.00% |
Fair value of common stock | $ 3.11 | |
Expected term (in years) | 3 years | |
Risk-free interest rate | 3.73% |
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- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. No definition available.
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- Definition The maximum risk-free interest rate assumption that is used in valuing an option on its own shares. No definition available.
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- References No definition available.
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