Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

v3.24.3
DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Sep. 30, 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 three
months ended
September 30, 2024)

    September 30, 2024  
Volatility     290-316%       282 %
Expected Remaining Term (in years)     0.50       0.01 - 0.47  
Risk Free Interest Rate     4.43-4.88%       4.65-5.53 %
Expected dividend yield     None       None  
SCHEDULE OF FAIR VALUE, ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS

 

    Balance at
September 30, 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   $ 134,234     $     $     $ 134,234  
Total   $ 134,234     $     $     $ 134,234  

 

 

PROPANC BIOPHARMA, INC. AND SUBSIDIARY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2024

(Unaudited)

 

    Balance at
June 30, 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   $ 133,886     $     $     $ 133,886  
Total   $ 133,886     $     $     $ 133,886  
SCHEDULE OF DERIVATIVE LIABILITIES AT FAIR VALUE

The following is a roll forward for the three months ended September 30, 2024 of the fair value liability of price adjustable derivative instruments:

 

    Fair Value of  
    Liability for  
    Derivative  
    Instruments  
Balance at June 30, 2024   $ 133,886  
Initial fair value of embedded conversion option derivative liability recorded as debt discount     60,000  
Initial fair value of embedded conversion option derivative liability recorded as derivative expense     27,182  
Reduction of derivative liability upon debt conversion     (34,047 )
Change in fair value included in statements of operations     (52,787 )
Balance at September 30, 2024   $ 134,234