Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

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DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
SCHEDULE OF FAIR VALUE MEASUREMENTS, RECURRING AND NONRECURRING, VALUATION TECHNIQUES

 

    Initial Valuations
(on new derivative
instruments entered
into during the nine
months ended
March 31, 2024)
    March 31, 2024  
Volatility     327.58333.45 %     319.08 %
Expected Remaining Term (in years)     0.50       0.01 - 0.03  
Risk Free Interest Rate     5.43 - 5.55 %     5.49 %
Expected dividend yield     None       None  
SCHEDULE OF FAIR VALUE, ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS

 

    Balance at
March 31, 2024
   

Quoted Prices

in Active

Markets for

Identical
Assets

   

Significant

Other

Observable
Inputs

   

Significant

Unobservable Inputs

 
          (Level 1)     (Level 2)     (Level 3)  
Embedded conversion option liabilities   $ 128,432     $     $     $ 128,432  
Total   $ 128,432     $     $     $ 128,432  

 

 

PROPANC BIOPHARMA, INC. AND SUBSIDIARY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2024

(Unaudited)

 

    Balance at
June 30, 2023
   

Quoted Prices

in Active

Markets for

Identical
Assets

   

Significant

Other

Observable
Inputs

   

Significant

Unobservable Inputs

 
          (Level 1)     (Level 2)     (Level 3)  
Embedded conversion option liabilities   $ 423,209     $     $     $ 423,209  
Total   $ 423,209     $     $     $ 423,209  
SCHEDULE OF DERIVATIVE LIABILITIES AT FAIR VALUE

 

    Fair Value of
Liability for
Derivative
Instruments
 
Balance at June 30, 2023   $ 423,209  
Initial fair value of embedded conversion option derivative liability recorded as debt discount     125,000  
Initial fair value of embedded conversion option derivative liability recorded as derivative expense     123,379  
Reduction of derivative liability upon debt conversion     (170,785 )
Change in fair value included in statements of operations     (372,371 )
Balance at March 31, 2024   $ 128,432