GBUX GivBux Inc (PK)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q/A

(Mark One)

 

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended 9/30/24

or

 

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from _________________________ to _______________________

 

Commission File Number: 000-52142

 

 

GivBux Inc

 

Nevada		84-1609495
		(I.R.S. Employer Identification No.)

 

2751 W Coast Hwy Suite 200 Newport Beach CA		92663
		(Zip Code)

 

(1) 844-448-2899

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Shares		GBUX		OTC Pink Sheet

 

SEC 1296 (02-23)

Potential persons who are to respond to the collection of information contained in this Form are not required to respond unless the Form displays a currently valid OMB control number.

 

Umesh Singh CEO

Robert Thompson Director

Michael Arnkvarn Director

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

	Large accelerated filer	☐	Accelerated filer	☐
	Non-accelerated filer	☒	Smaller reporting company	☒
			Emerging growth company	☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

 

☐ Yes ☒ No

 

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

 

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

 

☐ Yes ☐ No

 

As of November 21, 2024, 94,572,767 shares of common stock, par value $0.001 per share were issued and outstanding.

 

 

 

EXPLANATORY NOTE

 

This Amendment No1 to the Quarterly Report on Form 10-Q/A (this “Amended Report”)is files with the Securities and Exchange Commission to amend the Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the “Original 10-Q”) of GivBux Inc., solely to furnish XBRL (eXtensible Business Reporting Language) documents under Exhibit 104. As permitted by Rule 405 (a)(2)(ii)of Regulation S-T, Exhibit 104 was required be filed by amendment within 30 days of the original filing date of the Original 10-Q

 

 

PART I—FINANCIAL INFORMATION

 

Item 1. Financial Statements.

 

GivBux, Inc

Consolidated Balance sheets

(Unaudited)

 

		September 30,				December 31,
		2024				2023
Assets
Current assets
Cash		$	64,655			$	41,870
Prepaid expenses			-				22,770
Other receivable			10,180				10,000
Total current assets			74,835				74,640
Operating lease right of use asset			-				60,357
Total Assets		$	74,835			$	134,997
Liabilities and Stockholders’ Deficit
Current Liabilities
Accounts payable		$	174,296			$	174,475
Accrued liabilities			954,113				714,986
Due to related party			3,275				3,275
Notes payable - related parties			980,479				1,026,260
Loans payable, net discount of $0 and 23,904			525,150				398,246
Convertible notes, net discount of $130,506 and $18,070			323,473				145,830
Derivative liabilities			276,286				32,241
Operating lease liabilities - current			-				62,323
Total Current Liabilities			3,237,072				2,557,636
Total Liabilities			3,237,072				2,557,636
Stockholders’ Deficit
Preferred stock: 10,000,000 authorized; $0.001 par value 0 shares issued and outstanding			-				-
Common stock: 100,000,000 authorized; $0.001 par value 94,579,434 shares and 88,579,434 shares issued and outstanding, respectively			94,580				88,580
Additional paid in capital			3,689,447				1,415,447
Subscription received - shares to be issued			60,000				60,000
Accumulated deficit			(7,006,264	)			(3,986,666	)
Total Stockholders’ Deficit			(3,162,237	)			(2,422,639	)
Total Liabilities and Stockholders’ Deficit		$	74,835			$	134,997

 

See accompanying notes to unaudited consolidated financial statements.

 

 

GivBux, Inc

Consolidated Statement of Operations

(Unaudited)

 

		2024				2023				2024				2023
		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2024				2023				2024				2023
Revenue		$	257,920			$	65,470			$	330,319			$	130,961
Cost of revenue			142,202				-				142,202				-
Gross profit			115,718				65,470				188,117				130,961
Operating expenses
General and administrative			240,233				113,509				603,363				442,945
Sales and marketing			-				30,000				60,300				90,000
Stock based-compensation -management			-				-				-				37,500
Professional fees			10,287				212,167				2,331,590				410,642
Total operating expenses			250,520				355,676				2,995,253				981,087
Loss from operations			(134,802	)			(290,206	)			(2,807,136	)			(850,126	)
Other income (expense)
Interest expense			(137,804	)			(20,754	)			(235,983	)			(45,373	)
Change in fair value of derivative liabilities			48,200				(8,497	)			23,521				(8,497	)
Total other expense			(89,604	)			(29,251	)			(212,462	)			(53,870	)
Loss before income taxes			(224,406	)			(319,457	)			(3,019,598	)			(903,996	)
Provision for income taxes			-				-				-				-
Net loss		$	(224,406	)		$	(319,457	)		$	(3,019,598	)		$	(903,996	)
Basic and diluted loss per Common Share		$	(0.00	)		$	(0.00	)		$	(0.03	)		$	(0.01	)
Basic and diluted weighted average number of common shares outstanding			94,579,434				88,558,601				92,542,938				88,538,286

 

See accompanying notes to unaudited consolidated financial statements.

 

 

GivBux, Inc

Consolidated Statement of change in Stockholders’ Deficit

(Unaudited)

 

For the Three and Nine Months Ended September 30, 2024

 

		Shares				Amount				Shares				Amount				Capital				to be issued				Deficit				Deficit
		Series A																Additional				Common								Total
		Preferred Stock								Common Stock								Paid in				Stock				Accumulated				Stockholders’
		Shares				Amount				Shares				Amount				Capital				to be issued				Deficit				Deficit
Balance - December 31, 2023			-			$	-				88,579,434			$	88,580			$	1,415,447			$	60,000	-		$	(3,986,666	)		$	(2,422,639	)
Net loss			-				-				-				-				-				-	-			(130,397	)			(130,397	)
Balance - March 31, 2024			-				-				88,579,434				88,580				1,415,447				60,000	-			(4,117,063	)			(2,553,036	)
Common stock issued for compensation -services			-				-				6,000,000				6,000				2,274,000				-				-				2,280,000
Net loss			-				-				-				-				-				-	-			(2,664,795	)			(2,664,795	)
Balance - June 30, 2024			-				-				94,579,434				94,580				3,689,447				60,000	-			(6,781,858	)			(2,937,831	)
Net loss			-				-				-				-				-				-	-			(224,406	)			(224,406	)
Balance - September 30, 2024			-			$	-				94,579,434			$	94,580			$	3,689,447			$	60,000	-		$	(7,006,264	)		$	(3,162,237	)

 

For the Three and Nine Months Ended September 30, 2023

 

		Shares				Amount				Shares				Amount				Capital				to be issued				compensation				Deficit				Deficit
		Series A																Additional				Common				Deferred								Total
		Preferred Stock								Common Stock								Paid in				Stock				Stock				Accumulated				Stockholders’
		Shares				Amount				Shares				Amount				Capital				to be issued				compensation				Deficit				Deficit
Balance - December 31, 2022			-			$	-				88,512,767			$	88,513			$	1,294,764			$	-			$	-			$	(2,879,704	)		$	(1,496,427	)
Common stock issued for compensation -management			-				-				25,000				25				37,475				-				-				-				37,500
Net loss			-				-				-				-				-				-				-				(331,303	)			(331,303	)
Balance - March 31, 2023			-				-				88,537,767				88,538				1,332,239				-				-				(3,211,007	)			(1,790,230	)
																											-
Subscription received- shares to be issued			-				-				-				-				-				60,000				-				-				60,000
Net loss			-				-				-				-				-				-				-				(253,236	)			(253,236	)
Balance - June 30, 2023			-				-				88,537,767				88,538				1,332,239				60,000				-				(3,464,243	)			(1,983,466	)
Balance			-				-				88,537,767				88,538				1,332,239				60,000				-				(3,464,243	)			(1,983,466	)
Common stock issued for cash			-				-				16,667				17				24,983				-				-				-				25,000
Common stock issued for compensation -services			-				-				25,000				25				58,225				-				(14,562	)			-				43,688
Net loss			-				-				-				-				-				-				-				(319,457	)			(319,457	)
Balance - September 30, 2023			-			$	-				88,579,434			$	88,580			$	1,415,447			$	60,000			$	(14,562	)		$	(3,783,700	)		$	(2,234,235	)
Balance			-			$	-				88,579,434			$	88,580			$	1,415,447			$	60,000			$	(14,562	)		$	(3,783,700	)		$	(2,234,235	)

 

See accompanying notes to unaudited consolidated financial statements.

 

 

GivBux, Inc

Consolidated Statement of Cash Flows

(Unaudited)

 

		2024				2023
		Nine Months Ended
		September 30,
		2024				2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss		$	(3,019,598	)		$	(903,996	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation-management			-				37,500
Stock-based compensation -services			2,280,000				43,688
Non-cash leases expenses			60,357				265,042
Amortization of debt discount			189,713				3,500
Change in fair value of derivative liabilities			(23,521	)			8,497
Changes in operating assets and liabilities:
Prepaid expenses			22,770				(23,969	)
Other receivable			(180	)			-
Accounts payable and accrued liabilities			212,753				360,973
Accrued interest			46,521				41,624
Operating lease liabilities			(62,323	)			(271,902	)
Net Cash used in Operating Activities			(293,508	)			(439,043	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock			-				25,000
Proceeds from loans payable			103,000				283,150
Proceeds from convertible notes			279,400				21,000
Proceed from stock subscription			-				60,000
Proceeds from related parties			31,940				148,988
Repayment to related parties			(98,047	)			(109,950	)
Net Cash provided by Financing Activities			316,293				428,188
Net change in cash			22,785				(10,855	)
Cash, beginning of period			41,870				41,951
Cash, end of period		$	64,655			$	31,096
Supplemental cash flow information
Cash paid for interest		$	-			$	166
Cash paid for taxes		$	-			$	-
Non-cash Investing and Financing transactions:
Common stock issued for compensation -management		$	-			$	37,500
Common stock issued for compensation- services		$	2,280,000			$	58,250
Derivative liabilities recognized as debt discount		$	267,566			$	21,000

 

See accompanying notes to unaudited consolidated financial statements.

 

 

GivBux, Inc.

Notes to Consolidated Financial Statements

September 30, 2024

(Unaudited)

 

NOTE 1 – COMPANY OVERVIEW AND GOING CONCERN

 

On January 15, 2021, FINRA declared effective a change of name of the Company from Senaida Tire Company, Ltd. to GivBux, Inc. (the “Company”, “GivBux”) and a 1-for-20 reverse split of the Company’s common stock. As a condition for approval of the corporate actions, FINRA required the Company to issue 78,125,000 pre-split shares of common stock to the shareholders of GivBux Global Partners, Inc. in exchange for all of the issued and outstanding shares of common stock of GivBux Global Partners, Inc. This requirement was contrary to the terms of the amended Share Exchange Agreement between the Company and GivBux Global Partners, Inc. (the “Agreement”), as these 78,125,000 shares were required pursuant to the Agreement to be issued after the 1-for-20 reverse split, thus being post-split shares. As a result, the Company was contractually required to issue an additional 74,218,050 shares of the Company’s post-split common stock to the former common stock shareholders of GivBux Global Partners, Inc., such that the total number of shares issued pursuant to the share exchange equals that number required by the Agreement.

 

Share Exchange and Reorganization

 

On January 7, 2021 (the “Effective Date”), GivBux Global Partners, Inc. (“GivBux Global”) became a 100% subsidiary of GivBux. Furthermore, the Company entered into and closed on a share exchange agreement with GivBux and its shareholders. Pursuant to the terms of the share exchange agreement, GivBux issued 78,125,000 shares of its unregistered post-split common stock to the shareholders of GivBux Global in exchange for all of the shares of GivBux Global’s common stock, representing 100% of its issued and outstanding common stock and as a result of the share exchange agreement, GivBux Global became a wholly owned subsidiary of GivBux.

 

Recapitalization

 

For financial accounting purposes, this transaction was treated as a reverse acquisition by GivBux and resulted in a recapitalization with GivBux Global being the accounting acquirer and GivBux as the acquired company. The consummation of this reverse acquisition resulted in a change of control. Accordingly, the historical financial statements prior to the acquisition are those of the accounting acquirer, GivBux and have been prepared to give retroactive effect to the reverse acquisition completed on January 7,2021 and represent the operations of GivBux Global. The consolidated financial statements after the acquisition date, January 7, 2021, include the balance sheets of both companies at historical cost, the historical results of GivBux Global and the results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization.

 

Going Concern

 

The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which contemplates the Company’s continuation as a going concern. The Company has incurred net losses of $3,019,598 during the nine months ended September 30, 2024, and has an accumulated deficit of $7,006,264 as of September 30, 2024. In addition, current liabilities exceed current assets by $3,162,237 as of September 30, 2024.

 

Management intends to raise additional operating funds through equity and/or debt offerings. However, there can be no assurance management will be successful in its endeavors.

 

There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available to the Company, it may be required to curtail or cease its operations.

 

Due to uncertainties related to these matters, there exists a substantial doubt about the ability of the Company to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern.

 

6 of 24

 

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

 

The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and are presented in US dollars. The Company’s year-end is December 31.

 

Principles of Consolidation

 

The consolidated financial statements include the accounts of GivBux, Inc. and its wholly owned subsidiary. Intercompany transactions and balances have been eliminated.

 

Use of Estimates

 

The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

 

Revenue recognition

 

Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:

 

	●	identify the contract with a customer;
	●	identify the performance obligations in the contract;
	●	determine the transaction price;
	●	allocate the transaction price to performance obligations in the contract; and
	●	recognize revenue as the performance obligation is satisfied.

 

Basic and Diluted Loss Per Common Share

 

The Company calculates net loss per share in accordance with ASC Topic 260, “Earnings per Share.” Basic loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share of common stock are computed by dividing net earnings by the weighted average number of shares and potential shares outstanding during the period. Potential shares of common stock consist of shares issuable upon the conversion of outstanding convertible debt, preferred stock, warrants and stock option.

For the nine months ended September 30, 2024, and 2023, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive.

SCHEDULE OF COMPUTATION OF DILUTED NET LOSS EXCLUDED FROM ANTI DILUTIVE 

		September 30
		2024				2023
		Shares				Shares
Convertible notes			1,251,403				269,043

 

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Financial Instruments and Fair Value Measurements

 

As defined in ASC 820” Fair Value Measurements,” fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).

 

The following table summarizes fair value measurements by level as of September 30, 2024, and December 31, 2023, measured at fair value on a recurring basis:

SCHEDULE OF FAIR VALUE ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS 

September 30, 2024		Level 1				Level 2				Level 3				Total
Assets
None		$	-			$	-			$	-			$	-
Liabilities
Derivative liabilities		$	-			$	-			$	276,286			$	276,286

 

December 31, 2023		Level 1				Level 2				Level 3				Total
Assets
None		$	-			$	-			$	-			$	-
Liabilities
Derivative liabilities		$	-			$	-			$	32,241			$	32,241

 

Derivative Financial Instruments

 

The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks. We evaluate all of our financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company used a Black Scholes valuation model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.

 

Related Parties

 

The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 4).

 

Commitments and Contingencies

 

The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.

 

Cash and Cash Equivalents

 

Cash and cash equivalents consist of cash and highly liquid investments with remaining maturities of less than ninety days at the date of purchase. We maintain cash and cash equivalent balances with financial institutions that exceed federally-insured limits. We have not experienced any losses related to these balances, and we believe the credit risk to be minimal. The Company does not have any cash equivalents.

 

Leases

 

ASC 842 supersedes the lease requirements in ASC 840 “Leases”, and generally requires lessees to recognize operating and finance lease liabilities and corresponding right-of-use (“ROU”) assets on the balance sheet and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements.

 

8 of 24

 

ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we generally use our incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option.

 

Any lease with a term of 12 months or less is considered short-term. As permitted by ASC 842, short-term leases are excluded from the ROU assets and lease liabilities on the consolidated balance sheets. Consistent with all other operating leases, short-term lease expense is recorded on a straight-line basis over the lease term.

 

The Company determines the present value of minimum future lease payments for operating leases by estimating a rate of interest that it would have to pay to borrow on a collateralized basis over a similar term, an amount equal to the lease payments and a similar economic environment (the “incremental borrowing rate” or “IBR”).The Company determines the appropriate IBR by identifying a reference rate and making adjustments that take into consideration financing options and certain lease-specific circumstances.

 

On February 29, 2024, the term of lease terminated, and the Company moved out from premises. As of December 31, 2023, the Company’s lease agreement is accounted for as operating leases.

 

Recent Accounting Pronouncements

 

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our consolidated financial statements.

 

Reclassification

 

Certain accounts from prior periods have been reclassified to conform to the current period presentation.

 

NOTE 3 – LEASES

 

On March 1, 2021, the Company entered into lease agreements to rent office and marina spaces for a three-year term at $29,250 per month for the first twelve months. The Company leases its offices at 2801 W Coast Hwy, Suite 200, Newport Beach CA 92663. The lease was terminated and February 29, 2024, the Company moved out from premises on April 15, 2024. The Company moved to a new office at 2751W Coast Hwy on a month-to-month basis.

 

In accordance with ASC 842, the Company recognized operating lease ROU assets and lease liabilities as follows:

 

The components of lease expense were as follows:

SCHEDULE OF LEASE EXPENSE 

		2024				2023				2024				2023
		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2024				2023				2024				2023
Lease cost:
Operating lease cost		$	-			$	90,666			$	60,444			$	271,998
Short-term lease cost			140,264				8,336				335,734				22,736
Sublease income			-				(26,000	)			(1,500	)			(90,900	)
Total lease cost		$	140,264			$	73,002			$	394,678			$	203,834

 

Supplemental cash flow information related to leases was as follows:

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES 

		2024				2023
		Nine Months Ended
		September 30,
		2024				2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	337,797			$	301,594
Weighted-average remaining lease term - operating leases (year)			-				0.41
Weighted-average discount rate — operating leases			0.00	%			3.35	%

 

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Supplemental balance sheet information related to leases was as follows:

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES 

		September 30,				December 31,
		2024				2023
Operating lease right-of-use asset		$	-			$	60,357
Operating lease liabilities:
Current portion		$	-			$	62,323
Non-current portion			-				-
Total		$	-			$	62,323

 

NOTE 4 – RELATED PARTY ITEMS

 

Notes Payable Related Parties

 

During the nine months ended September 30, 2024, and 2023, the Company obtained $ 31,940 and $148,988 loan from our related parties, repaid $98,047 and $109,950 to our related parties and recognized interest of $20,326 and $21,560, respectively.

 

As of September 30, 2024, and December 31,2023, the Company had notes payable related parties of $868,747 and $934,854 and accrued interest of $111,732 and $91,406, respectively. The notes are unsecured, 3% interest bearing and due on demand.

 

Due to related party

 

As of September 30,2024, and December 31,2023, the Company had due to related party of $3,275.

 

Stock based compensation.

 

During the nine months ended September 30,2023, the Company issued 25,000 shares of common stock for compensation -management of $37,500.

 

NOTE 5 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

 

The following table summarizes the components of the Company’s accounts payable and accrued liabilities as of the dates presented:

SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES 

		September 30,				December 31,
		2024				2023
Trade payable		$	174,296			$	174,475
Salary payable			368,000				278,000
Accrued interest			86,613				60,669
Other current liabilities			499,500				376,317
Accounts payable and accrued liabilities		$	1,128,409			$	889,461

 

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NOTE 6 – LOANS PAYABLE

 

The components of loans payable as of September 30, 2024, and December 31, 2023, were as follows:

 SCHEDULE OF LOANS PAYABLE

Payment date		Principal Amount				Maturity date		Interest rate				September 30, 2024				December 31, 2023
January 19, 2022		$	12,500			January 19, 2023			7	%		$	12,500			$	12,500
March 7, 2022		$	3,000			March 7, 2023			7	%			3,000				3,000
October 13, 2022		$	25,000			October 13, 2023			7	%			12,500				12,500
January 31, 2023		$	100,000			Due on demand			0	%			100,000				100,000
February 9, 2023		$	10,000			Due on demand			0	%			10,000				10,000
March 1, 2023		$	50,000			Due on demand			0	%			50,000				50,000
April 5, 2023		$	25,000			August 3, 2023			15% fixed				25,000				25,000
May 19, 2023		$	4,000			Due on demand			0	%			4,000				4,000
June 20, 2023		$	40,000			September 18, 2023			12% fixed				40,000				40,000
July 12, 2023		$	4,150			Due on demand			0	%			4,150				4,150
July 17, 2023		$	50,000			Due on demand			0	%			50,000				50,000
October 6, 2023		$	10,000			October 6, 2024			7	%			10,000				10,000
December 6, 2023		$	1,000			Due on demand			0	%			2,000				1,000
December 26, 2023		$	100,000			April 18, 2024			0	%			100,000				100,000
February 9,2024		$	1,000			Due on demand			0	%			1,000				-
July 17, 2024		$	37,000			January 15, 2025			5	%			37,000				-
August 14, 2024		$	64,000			January 15, 2025			5	%			64,000				-
Total loans payable												$	525,150			$	422,150
Less: Unamortized debt discount													-				(23,904	)
Loan payable													525,150				398,246
Less: Current portion													525,150				398,246
Long-term portion												$	-			$	-

 

On December 26, 2023, the Company entered into a promissory note agreement with an investor for the principal amount of $100,000, received the amount of $75,000 in cash, non-secured, free interest with maturity date of April 18, 2024. The Company recognized a debt discount of $25,000. The debt discount is being amortized over the life of the note using the effective interest method.

 

During the nine months ended September 30, 2024, and 2023, the Company borrowed $103,000 and $283,150, respectively.

 

As of September 30, 2024, and December 31, 2023, six (6) and five (5) loans with unpaid balance of $193,000 and $93,000 are in default, respectively.

 

During the nine months ended September 30, 2024, and 2023, the Company recognized interest and default penalty of $6,207 and $10,789 and amortization debt discount of $23,904 and $0, respectively.

 

As of September 30, 2024, and December 31, 2023, the Company had loans payable of $525,150 and $422,150, accrued interest of $20,291 and $14,085 and amortization debt discount of $0 and $23,904, respectively.

 

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NOTE 7 –CONVERTIBLE NOTES PAYABLE

 SCHEDULE OF CONVERTIBLE NOTES PAYABLE

Issuance date		Principal Amount				Maturity date		Interest rate				September 30, 2024				December 31, 2023
September 30, 2019		$	30,000			September 30, 2021			8	%		$	30,000			$	30,000
January 29, 2020		$	10,000			January 29, 2021			8	%			10,000				10,000
February 26, 2020		$	10,000			February 26, 2021			8	%			10,000				10,000
March 6, 2020		$	7,500			March 6, 2021			8	%			7,500				7,500
March 5, 2020		$	3,700			March 5, 2021			8	%			5,900				5,900
March 9, 2020		$	1,200			March 9, 2021			8	%			1,200				1,200
March 26, 2020		$	60,000			March 26, 2021			10	%			60,000				60,000
March 5, 2021		$	11,300			March 5, 2022			8	%			11,300				11,300
July 11, 2023		$	11,000			July 11, 2024			7	%			11,000				11,000
August 22, 2023		$	10,000			August 22, 2024			7	%			10,000				10,000
November 1, 2023		$	7,000			October 31, 2024			7	%			7,000				7,000
April 4, 2024		$	28,600			October 3, 2024			10	%			28,600				-
April 23, 2024		$	5,000			April 23, 2025			10	%			5,000				-
May 7, 2024		$	14,111			October 3, 2024			10	%			14,111				-
May 8, 2024		$	25,000			May 8, 2025			10	%			25,000				-
May 8, 2024		$	25,000			May 8, 2025			20	%			25,000				-
May 17, 2024		$	5,556			October 3, 2024			10	%			5,556				-
May 31, 2024		$	3,333			October 3, 2024			10	%			3,333				-
June 5, 2024		$	25,000			June 1, 2025			10	%			25,000				-
June 6, 2024		$	25,000			June 6, 2025			10	%			25,000				-
June 7, 2024		$	2,500			June 1, 2025			10	%			2,500				-
June 10, 2024		$	5,000			June 1, 2025			10	%			5,000				-
June 11, 2024		$	5,000			June 1, 2025			10	%			5,000				-
June 17, 2024		$	2,500			June 1, 2025			10	%			2,500				-
June 27, 2024		$	700			June 27, 2025			10	%			700				-
July 2, 2024		$	6,667			October 3, 2024			10	%			6,667				-
July 29, 2024		$	6,667			October 3, 2024			10	%			6,667				-
August 9, 2024		$	16,667			October 3, 2024			10	%			16,667				-
August 14, 2024		$	27,778			October 3, 2024			10	%			27,778				-
July 2, 2024		$	6,000			June 1, 2025			10	%			6,000				-
July 3, 2024		$	4,000			June 1, 2025			10	%			4,000				-
July 17, 2024		$	25,000			July 17, 2025			10	%			25,000				-
August 22, 2024		$	25,000			August 19, 2025			10	%			25,000				-
Total carrying amount												$	453,979			$	163,900
Less: Unamortized debt discount													(130,506	)			(18,070	)
Total convertible notes payable													323,473				145,830
Less: Current portion													323,473				145,830
Long-term portion												$	-			$	-

  

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The components of convertible notes payable as of September 30, 2024, and December 31, 2023, were as follows:

 

Convertible notes payable consists of the following:

 

	●	Terms ranging from five months to one year.
	●	Annual interest rates range from 7% – 10%.
	●	Convertible at the option of the holders at any time during the period of note, after maturity date or 6 months after issuance date.
	●	Conversion prices is a fixed of $0.50 for certain notes. Certain notes have a conversion price of 25% and 45% discount to the operative market valuation of the Company.

 

During the nine months ended September 30, 2024, and 2023, the Company issued convertible notes of $290,079 and $21,000, respectively.

 

During the year ended December 31, 2023, the Company entered into three convertible notes with two investors for the principal amount of $28,000 in cash with an interest rate of 7% per annum. According to terms and condition of the agreement, the noteholder has the right from time to time during the period of the note to convert the unpaid principal into common stock at conversion price of 25% discount to the average trading price during the ten (10) day period ending on the last complete training day prior to the conversion date. As of the issuance date of the notes, the Company recognized the additional of new derivative of $28,000 as debt discount and $2,935 Day 1 loss on derivative. The debt discount is being amortized over the life of the note using the effective interest method (Note 8).

 

On April 4, 2024, the Company entered into a convertible promissory note of $100,000 with 10% original issue discount (OID), interest rate of 10% per annum, conversion price of 55% of the average price of the Company’s common stock during the 20 consecutive trading days prior to the date of the conversion with maturity date of October 3,2024. During the period ended September 30,2024, the Company obtained the initial consideration of $98,700 with 10% OID of $10,679 for total initial principal amount of $109,379.

 

During the nine months ended September 30, 2024, the Company entered into seven (7) convertible promissory notes of $180,700 with an interest rate of 10% and 20% per annum for a term of 12 months. The noteholders have the right from time to time during the period of the note to convert the unpaid principal into common stock at conversion price of 25% and 45% discount to the average trading price during the ten (10) day period ending on the last complete training day prior to the conversion date.

 

As of September 30, 2024, and December 31, 2023, ten (10) and eight (8) convertible notes with unpaid balance of $156,900 and $135,000 are in default, respectively

 

During the nine months ended September 30, 2024, and 2023, the Company recognized interest of $19,988 and $9,275, amortization debt discount of $165,809 and $3,500, respectively.

 

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As of September 30, 2024, and December 31, 2023, the Company had convertible notes payable of $453,979 and $163,900, unamortized debt discount of $130,506 and $18,070 and accrued interest of $66,322 and $46,335, respectively.

 

Note 8 -DERIVATIVE LIABILITIES

 

The Company analyzed the conversion option for derivative accounting consideration under ASC 815, Derivatives and Hedging, and hedging, and determined that the instrument should be classified as a liability since the conversion option becomes effective at issuance resulting in there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options. The Company accounts for warrants as a derivative liability due to there being no explicit limit to the number of shares to be delivered upon settlement of all conversion options.

 

Fair Value Assumptions Used in Accounting for Derivative Liabilities.

 

ASC 815 requires us to assess the fair market value of derivative liability at the end of each reporting period and recognize any change in the fair market value as other income or expense item.

 

The Company determined our derivative liabilities to be a Level 3 fair value measurement and used the Black-Scholes pricing model to calculate the fair value as of September 30, 2024. The Black-Scholes model requires six basic data inputs: the exercise or strike price, time to expiration, the risk-free interest rate, the current stock price, the estimated volatility of the stock price in the future, and the dividend rate. Changes to these inputs could produce a significantly higher or lower fair value measurement. The fair value of each convertible note is estimated using the Black-Scholes valuation model.

 

For the nine months ended September 30, 2024, and the year ended December 31, 2023, the estimated fair values of the liabilities measured on a recurring basis are as follows:

 SCHEDULE OF ESTIMATED FAIR VALUES OF THE LIABILITIES MEASURED ON A RECURRING BASIS

			Nine months ended				Year ended
			September 30,				December 31,
			2024				2023
Term			0.01 - 1.00 years				0.6 - 1.00 years
Expected average volatility			0% - 304	%			262 - 365	%
Expected dividend yield			-				-
Risk-free interest rate			3.98% -5.39	%			4.79% - 5.46	%

 

The following table summarizes the changes in the derivative liabilities during the nine months ended September 30, 2024.

 SCHEDULE OF CHANGES IN THE DERIVATIVE LIABILITIES

Fair Value Measurements Using Significant Observable Inputs (Level 3)
Balance - December 31, 2023		$	32,241
Addition of new derivatives recognized as debt discounts			267,566
Addition of new derivatives recognized as loss on derivatives			48,249
Gain on change in fair value of the derivative			(71,770	)
Balance - September 30, 2024		$	276,286

 

The aggregate loss on derivatives during the nine months ended September 30, 2024, and 2023 was as follows.

 SCHEDULE OF AGGREGATE LOSS ON DERIVATIVES

		2024				2023
		Nine Months Ended
		September 30
		2024				2023
Day one loss due to derivative liabilities on convertible note		$	48,249			$	1,406
Loss (gain) on change in fair value of the derivative liabilities			(71,770	)			7,091
Total		$	(23,521	)		$	8,497

 

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NOTE 9 –STOCKHOLDERS’ EQUITY

 

The Company is authorized to issue 110,000,000 shares of stock with a par value of $0.001 per share, 10,000,000 shares of which are Preferred Stock.

 

Preferred Stock

 

The Board of Directors has previously designated and adopted (i) Preferred Stock in 1,000,000 shares as Series A (were previously issued and converted into Common stock during the quarter ended June 30,2021), (ii) 1,000,000 as Series B. On October 31,2022, the Board of Directors designated Preferred Stock in 1,000,000 shares as Series C, all Series having par value of $0.001 per share.

 

Series B Preferred stock will be issued to secure debt or equity or any combination to be acquired by the Company. The holders of Series B Preferred stock shall be entitled to be paid out of the assets of the Company a value of $20 per share of Series B Preferred stock. As of the date of these financial Statements, the Agreement has not been closed and no shares of Series B Preferred stock issued.

 

Series C Preferred stock shall not be converted into shares of the Common stock. Except as may be required by the Nevada Business Corporation Act, the Series C Preferred stock shall not be entitled to receive cash, stock or other property as dividends.

Common Stock

 

During the nine months ended September 30, 2023, the Company issued 25,000 shares of common stock for compensation -management, valued at $37,500.

 

On March 27, 2024, the Company entered into a consulting agreement for corporate administration and governance purposes for a term of 12 months. The consulting fees agreed by issuance 6,000,000 shares of restricted common stock to consultant. During the nine months of September 30, 2024, the Company issued 6,000,000 shares of restricted common stock, valued at $2,280,000 based on market value on agreement date.

 

As of September 30, 2024, and December 31, 2023, the Company had 94,579,434 shares and 88,579,434 shares of Common Stock outstanding, and no shares of Preferred Stock issued and outstanding (Series A, B and C). The Board of Directors may fix and determine the relative rights and preferences of the shares of any series established.

 

NOTE 10 – COMMITMENTS

 

On September 28, 2022, the Company entered into a Share Exchange Agreement (‘SEA”) with Active World Holdings, Inc. a Pennsylvania corporation ( DBA Active World Club) , (“AWC”), for exchange 100% of issued and outstanding shares of capital stock of AWH’s wholly owned subsidiary, AWC Unity Metaverse, a corporation to be formed whose sole assets is its metaverse platform (“Metaverse Assets’) which can be replaced for the Company client base for 1,000,000 shares of Series B Convertible Preferred Stock of the Company. On December 15, 2022, the Company and AWH entered into the first amendment to SEA, and agreed (i) rename AWC Metaverse, Inc. (ii) issuance 500,000 shares of Series B convertible Preferred Stock upon the signing amendment and 500,000 shares of Series B Convertible Preferred Stock upon the completion the first $2,500,000 in metaverse sales (iii) AWC will have the sole right to choose the second tranche of 500,000 shares of Series B Convertible Preferred Stock into a like kind Preferred class to be determined in the wholly owned metaverse subsidiary contemplated herein. As of September 30,2024, the first tranche of 500,000 shares of Series B Convertible Preferred Stock has not been issued.

 

On November 1, 2023, the Company entered into a mutual venture agreement with an entity for operation of a yacht charter business. During the year ended December 31, 2023, the Company received $100,000 in advance, but the agreement was not completed and signed. As of September 30, 2024, the Company owns $100,000 to the other part of the agreement.

 

NOTE 11 - SUBSEQUENT EVENTS

 

Management evaluated all additional events through the date the consolidated financial statements were available to be issued. Based upon this review, unless noted below, the Company did not identify any material subsequent events that would have required adjustment or disclosure in the consolidated financial statements.

 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

In June 2024, the company initiated beta testing of the GivBux App and commenced recruiting Sales associates. This accounts for the increase in 294% increase in revenue with $ 257,920 for the 3 months ending 9/30/24 versus $ 65,470 for the corresponding 3 months ending 9/30/23. As we ramp up over the next few quarters we expect to see continual revenue growth. Our sales associates have increased during this quarter from less than 100 to over 1000.

 

Net losses for period are down 29.5% for the quarter in comparison to the same period in 2023 but as we grow we will need to hire more personnel and staff properly the operations.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

 

Risks Related to Operating as a Public Company

 

As a public reporting company, we will be subject to rules and regulations established from time to time by the SEC and PCAOB regarding our internal control over financial reporting. If we fail to establish and maintain effective internal control over financial reporting and disclosure controls and procedures, we may not be able to accurately report our financial results or report them in a timely manner.

 

We are a public reporting company subject to the rules and regulations established from time to time by the SEC and the Public Company Accounting Oversight Board (PCAOB). These rules and regulations will require, among other things, that we establish and periodically evaluate procedures with respect to our internal control over financial reporting. Reporting obligations as a public company are likely to place a considerable strain on our financial and management systems, processes, and controls, as well as on our personnel.

 

In addition, as a public company we will be required to document and test our internal control over financial reporting pursuant to Section 404 of the Sarbanes-Oxley Act so that our management can certify as to the effectiveness of our internal control over financial reporting by the time our second annual report is filed with the SEC and thereafter, which will require us to document and make significant changes to our internal control over financial reporting. Likewise, our independent registered public accounting firm will be required to provide an attestation report on the effectiveness of our internal control over financial reporting at such time as we cease to be an “emerging growth company,” as defined in the JOBS Act, and we become an accelerated or large accelerated filer, although we could potentially qualify as an “emerging growth company” until as late as the fifth anniversary of being a reporting company. We are continuing to develop and refine our disclosure controls and other procedures that are designed to ensure that information required to be disclosed by us in the reports that we will file with the SEC is recorded, processed, summarized, and reported within the time periods specified in SEC rules and forms and that information required to be disclosed in reports under the Securities Exchange Act of 1934, as amended, or the Exchange Act, is accumulated and communicated to our principal executive and financial officers. We are also continuing to improve our internal control over financial reporting, which includes hiring additional accounting and financial personnel to implement such processes and controls.

 

We expect to incur costs related to implementing an internal audit and compliance function in the upcoming years to further improve our internal control environment. If we identify future deficiencies in our internal control over financial reporting or if we are unable to comply with the demands that will be placed upon us as a public company, including the requirements of Section 404 of the Sarbanes-Oxley Act, in a timely manner, we may be unable to accurately report our financial results, or report them within the timeframes required by the SEC. We also could become subject to sanctions or investigations by the SEC or other regulatory authorities. In addition, if we are unable to assert that our internal control over financial reporting is effective, or if our independent registered public accounting firm is unable to express an opinion as to the effectiveness of our internal control over financial reporting when required, investors may lose confidence in the accuracy and completeness of our financial reports, we may face restricted access to the capital markets and our stock price may be adversely affected.

 

 

Our current controls and any new controls that we develop may also become inadequate because of changes in our business, and weaknesses in our disclosure controls and internal control over financial reporting may be discovered in the future. Any failure to develop or maintain effective controls or any difficulties encountered in their implementation or improvement could cause us to fail to meet our reporting obligations, result in a restatement of our financial statements for prior periods, undermine investor confidence in us, and adversely affect the trading price of our common stock. In addition, if we are unable to continue to meet these requirements, we may not be able to remain listed on OTC Markets Pink Sheet.

 

We identified material weaknesses in our internal controls over financial reporting and may identify additional material weaknesses in the future or otherwise fail to maintain an effective system of internal controls, which may result in material misstatements of our consolidated financial statements or cause us to fail to meet our periodic reporting obligations.

 

A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a company’s annual or interim financial statements will not be prevented or detected on a timely basis. We have experienced rapid growth, and this growth has placed considerable strain on our accounting systems, financial close and reporting process, and personnel. As a result, we identified material weaknesses in our internal control over financial reporting. These material weaknesses relate to the controls for the financial statement close process and the controls related to unusual and infrequent transactions (including accounting for complicated stock transactions and the adoption of ASU 2014-09, Revenue from Contracts with Users or ASC 606). As a result, we made immaterial revisions of our consolidated financial statements as of December 31, 2019, an immaterial audit adjustment to our consolidated financial statements as of December 31, 2020 and for the year then ended and a correction of errors relating to the financial statements for the year ended December 31, 2020 in our financial statements for the first and second quarters of 2021.

 

We are taking steps to remediate these material weaknesses through the development and implementation of systems, processes and controls over the financial close and reporting process. In addition, we have begun to enhance our overall control environment through hiring additional qualified accounting and financial reporting personnel and engaging external consultants with appropriate expertise for more challenging technical accounting issues which will add to the depth of our skilled and managerial resources and allow us to scale our accounting processes to match growth and changes in the business and operations. We will also continue to evaluate our IT systems and related processes to optimize automation to enhance our financial statement close process, reduce the number of manual journal entries and facilitate review controls related to our significant classes of transactions.

 

While we are designing and implementing new controls and measures to remediate these material weaknesses, we cannot assure you that the measures we are taking will be sufficient to remediate the material weaknesses or avoid the identification of additional material weaknesses in the future. Our failure to implement and maintain effective internal control over financial reporting could result in errors in our consolidated financial statements that could result in a restatement of our financial statements and could cause us to fail to meet our periodic reporting obligations, any of which could diminish investor confidence in us and cause a decline in the price of our common stock.

 

We are an emerging growth company and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make our Class A common stock less attractive to investors.

 

For so long as we remain an “emerging growth company” as defined in the JOBS Act, we may take advantage of certain exemptions from various requirements that are applicable to public companies that are not “emerging growth companies,” including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, exemptions from the requirements to hold a nonbinding advisory vote on executive compensation and obtain stockholder approval of any golden parachute payments not previously approved. We will remain an emerging growth company until the earlier of (i) the last day of the fiscal year (A) following the fifth anniversary of the completion of this offering, (B) in which we have total annual revenue of at least $1.07 billion, or (C) in which we are deemed to be a large accelerated filer, with at least $700 million of equity securities, which includes Class A common stock and Class B common stock, held by non-affiliates as of the prior June 30th, the end of our second fiscal quarter, and (ii) the date on which we have issued more than $1 billion in non-convertible debt during the prior three-year period.

 

 

Under the JOBS Act, emerging growth companies can also delay adopting new or revised accounting standards until such time as those standards apply to private companies. We have elected to use this extended transition period for complying with new or revised accounting standards that have different effective dates for public and private companies until the earlier of the date we (i) are no longer an emerging growth company or (ii) affirmatively and irrevocably opt out of the extended transition period provided in the JOBS Act. As a result, our financial statements may not be comparable to companies that comply with new or revised accounting pronouncements as of public company effective dates. While we have not made such an irrevocable election, we have not delayed the adoption of any applicable accounting standards.

 

As a result of the reduced disclosure requirements applicable to us, investor confidence in our company and the market price of our Class A common stock may be adversely affected. We cannot predict if investors will find our Class A common stock less attractive because we may rely on these exemptions. If some investors find our Class A common stock less attractive, there may be a less active trading market for our Class A common stock, and our stock price may be more volatile.

 

We will incur significant costs as a result of operating as a public company.

 

Prior to this offering, we operated on a private basis. After this offering, we will be subject to the reporting requirements of the Exchange Act, the Sarbanes-Oxley Act, the Dodd-Frank Act, the listing requirements of the New York Stock Exchange and other applicable securities laws and regulations. The expenses incurred by public companies generally for reporting and corporate governance purposes are greater than those for private companies. For example, the Exchange Act requires, among other things, that we file annual, quarterly, and current reports with respect to our business, financial condition, and results of operations. Compliance with these rules and regulations will increase our legal and financial compliance costs, and increase demand on our systems, particularly after we are no longer an emerging growth company. In addition, as a public company, we may be subject to stockholder activism, which can lead to additional substantial costs, distract management, and impact the manner in which we operate our business in ways we cannot currently anticipate. As a result of disclosure of information in this prospectus and in filings required of a public company, our business and financial condition will become more visible, which may result in threatened or actual litigation, including by competitors. We expect these rules and regulations to increase our legal and financial compliance costs and to make some activities more difficult, time-consuming, and costly, although we are currently unable to estimate these costs with any degree of certainty.

 

We also expect that being a public company and being subject to new rules and regulations will make it more expensive for us to obtain directors and officers liability insurance, and we may be required to accept reduced coverage or incur substantially higher costs to obtain coverage. These laws and regulations could also make it more difficult for us to attract and retain qualified persons to serve on our board of directors, our board committees or as our executive officers. Furthermore, if we are unable to satisfy our obligations as a public company, we could be subject to delisting of our Class A common stock, fines, sanctions, and other regulatory action and potentially civil litigation. These factors may therefore strain our resources, divert management’s attention, and affect our ability to attract and retain qualified board members and executive officers.

 

Our senior management team has limited experience managing a public company, and regulatory compliance obligations may divert its attention from the day-to-day management of our business.

 

The individuals who now constitute our senior management team have limited experience managing a publicly-traded company, interacting with public company investors and complying with the increasingly complex laws pertaining to public companies. Our senior management team may not successfully or efficiently manage our transition to being a public company subject to significant regulatory oversight and reporting obligations under federal securities laws and the continuous scrutiny of securities analysts and investors. These new obligations and constituents will require significant attention from our senior management and could divert their attention away from the day-to-day management of our business, which could adversely affect our business, financial condition, and results of operations.

 

 

Risks Related to Our Common Stock

 

We are a Penny Stock.

 

Our common stock is considered to be a “penny stock,” as defined in Rule 3a51-1 promulgated by the SEC under the Exchange Act. The penny stock rules require a broker-dealer, prior to a transaction in penny stock not otherwise exempt from the rules, to deliver a standardized risk disclosure document that provides information about penny stocks and the nature and level of risks in the penny stock market. These disclosure rules have the effect of reducing the level of trading activity in the secondary market for a stock that becomes subject to the penny stock rules. So long as our common stock is subject to the penny stock rules, it may be more difficult to sell our common stock.

 

Effect of Amended Rule 15c2-11 on the Company’s securities.

 

The SEC released and published a Final Rulemaking on Publication or Submission of Quotations without Specified Information amending Rule 15c2-11 under the Exchange Act (“Amended Rule 15c2-11”). To be eligible for public quotations on an ongoing basis, Amended Rule 15c2-11 modified the “piggyback exemption” that required that (i) the specified current information about the company is publicly available, and (ii) the security is subject to a one-sided (i.e., a bid or offer) priced quotation, with no more than four business days in succession without a quotation. Under Amended Rule 15c2-11, the Company may only rely on the piggyback exemption in certain limited circumstances. The Amended Rule 15c2-11 will require, among other requirements, that a broker-dealer has a reasonable basis for believing that information about the issuer of securities is accurate. Our security holders may find it more difficult to deposit common stock with a broker-dealer, and if deposited, more difficult to trade the securities on the Pink Sheets. The Company intends to provide the specified current information under the Exchange Act but there is no assurance that a broker-dealer will accept our common stock or if accepted, that the broker-dealer will rely on our disclosure of the specified current information.

 

There is very limited liquidity of the Company’s common stock.

 

Our common stock is thinly traded on the Pink Sheets and there is a very limited market in our common stock. As a result, there is only limited liquidity in our common stock.

 

There are significant limitations on a shareholder’s ability to re-sell shares of the Company’s common stock.

 

Investors may have difficulty in reselling their shares due to the lack of market or state Blue Sky laws. The holders of our shares of Common Stock and persons who desire to purchase them in any trading market that might develop in the future should be aware that there may be significant state law restrictions upon the ability of investors to resell our shares. Accordingly, even if we are successful in having the shares available for trading on the OTCQB Market (“OTCQB”), investors should consider any secondary market for our securities to be a limited one. We intend to seek coverage and publication of information regarding our Company in an accepted publication which permits a “manual exemption.” This manual exemption permits a security to be distributed in a particular state without being registered if the company issuing the security has a listing for that security in a securities manual recognized by the state. However, it is not enough for the security to be listed in a recognized manual. The listing entry must contain (1) the names of issuers, officers, and directors, (2) an issuer’s balance sheet, and (3) a profit and loss statement for either the fiscal year preceding the balance sheet or for the most recent fiscal year of operations. We may not be able to secure a listing containing all of this information. Furthermore, the manual exemption is a non-issuer exemption restricted to secondary trading transactions, making it unavailable for issuers selling newly issued securities. Most of the accepted manuals are those published in Standard and Poor’s, Moody’s Investor Service, Fitch’s Investment Service, and Best’s Insurance Reports, and many states expressly recognize these manuals. A smaller number of states declare that they “recognize securities manuals” but do not specify the recognized manuals, while some states do not have any provisions and therefore do not expressly recognize the manual exemption.

 

Accordingly, shares of our common stock should be considered totally illiquid, which inhibits investors’ ability to resell their shares.

 

 

The Company’s common stock may be classified as a penny stock, which may increase reporting obligations for any transaction and increase the burden on any potential broker.

 

If a public market develops for our securities following a business combination or asset acquisition, such securities may be classified as penny stock depending upon the market price and the manner in which they are traded. The SEC has adopted Rule 15g-9b, which establishes the definition of a “penny stock”, for purposes relevant to the Company, as any equity security that has a market price of less than $5.00 per share and that is admitted to quotation but does not trade on NASDAQ or a national securities exchange. For any transaction involving a penny stock, unless exempt, the rules require the delivery by the broker of a document to investors, stating the risks of investment in penny stocks, the possible lack of liquidity, commissions paid, current quotation and investors’ rights and remedies, a special suitability inquiry, regular reporting to the investor and other requirements.

 

The Company is an Emerging Growth Company

 

We qualify as an “emerging growth company” as defined in the JOBS Act. For as long as a company is deemed to be an emerging growth company, it may take advantage of specified reduced reporting and other regulatory requirements that are generally unavailable to other public companies. These provisions include:

 

A requirement to have only two years of audited financial statements and only two years of related Management’s Discussion and Analysis included in an initial public offering registration statement;

 

	●	An exemption to provide less than five years of selected financial data in an initial public offering registration statement;
	●	An exemption from the auditor attestation requirement in the assessment of our internal controls over financial reporting;
	●	An exemption from compliance with any new or revised financial accounting standards until they would apply to private companies;
	●	An exemption from compliance with any new requirement adopted by the Public Company Accounting Oversight Board requiring mandatory audit firm rotation or a supplement to the auditor’s report in which the auditor would be required to provide additional information about the audit and the financial statement of the issuer; and reduced disclosure about our executive compensation arrangements

 

An emerging growth company is also exempt from Section 404(b) of the Sarbanes Oxley Act, which requires that the registered accounting firm shall, in the same report, attest to and report on the assessment on the effectiveness of the internal control structure and procedures for financial reporting. Similarly, as a Smaller Reporting Company we are exempt from Section 404(b) of the Sarbanes-Oxley Act and our independent registered public accounting firm will not be required to formally attest to the effectiveness of our internal control over financial reporting until such time as we cease being a Smaller Reporting Company.

 

 

As an emerging growth company, we are exempt from Section 14A (a) and (b) of the Exchange Act, which require stockholder approval of executive compensation and golden parachutes.

 

Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words, an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have elected to take advantage of the benefits of this extended transition period. Our financial statements may therefore not be comparable to those of companies that comply with such new or revised accounting standards.

 

We would cease to be an emerging growth company upon the earliest of:

 

	●	The first fiscal year during which our total annual gross revenues were $1.235 billion or more;
	●	The first fiscal year following the fifth anniversary of the filing of this Form 10;
	●	The date on which we have, during the previous three-year period, issued more than $1 billion in non-convertible debt; or
	●	The date on which we are deemed to be a large accelerated filer as defined in Rule 12b-2 of the Securities Exchange Act of 1934.

 

The Company is a smaller reporting company, and if the Company takes advantage of certain exemptions from disclosure requirements available to smaller reporting companies, this could make the securities of the Company less attractive to investors and may make it more difficult to compare the Company’s performance with other public companies.

 

The Company is a “smaller reporting company” as defined in Rule 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced disclosure obligations, including, among other things, providing only two years of audited financial statements. The Company will remain a smaller reporting company until the last day of the fiscal year in which (1) the market value of the Company’s common stock held by non-affiliates equals or exceeds $250 million as of the end of the prior June 30th, or (2) the Company’s annual revenues equaled or exceeded $100 million during such completed fiscal year and the market value of the Company’s common stock held by non-affiliates exceeds $700 million as of the prior June 30th. To the extent the Company takes advantage of such reduced disclosure obligations, it may also make comparison of the Company’s financial statements with other public companies difficult or impossible.

 

Your percentage of ownership in the Company may be diluted in the future.

 

Your percentage ownership in the Company may be diluted in the future because of equity issuances for acquisitions, capital market transactions or otherwise, including shares issued in connection with a business combination and equity awards that we expect will be granted to our directors, officers and employees, whether prior to or following the closing of a business combination or asset acquisition.

 

Certain provisions in our articles of incorporation and bylaws, as amended, and of Nevada law, may prevent or delay an acquisition of the Company, which could decrease the trading price of our common stock.

 

Our articles of incorporation and our bylaws, as well as Nevada corporate law, contain provisions that are intended to deter coercive takeover practices and inadequate takeover bids by making such practices or bids unacceptably expensive to the acquirer and to encourage prospective acquirers to negotiate with our board of directors rather than to attempt a hostile takeover. These provisions include, among others:

 

	●	the inability of our stockholders to call a special meeting;
	●	limitations on the ability of our stockholders to present proposals or nominate directors for election at stockholder meetings;
	●	the right of our board of directors to issue preferred stock without stockholder approval; and
	●	the ability of our directors to fill vacancies on our board of directors.

 

  

Nevada law also imposes some restrictions on mergers and other business combinations between us and any holder of 15% or more of our outstanding common stock.

 

We believe these provisions may help protect our stockholders from coercive or otherwise unfair takeover tactics by requiring potential acquirers to negotiate with our board of directors and by providing our board of directors with more time to assess any acquisition proposal. These provisions are not intended to make our Company immune from takeovers. In addition, although we believe these provisions collectively provide for an opportunity to receive higher bids by requiring potential acquirers to negotiate with our board of directors, they would apply even if the offer may be considered beneficial by some stockholders. These provisions may also frustrate or prevent any attempts by our stockholders to replace or remove our current management team by making it more difficult for stockholders to replace members of our board of directors, which is responsible for appointing the members of our management.

 

We do not expect to pay any cash dividends for the foreseeable future.

 

We have not declared any cash dividends. We currently intend to retain any future earnings to finance our business operations, which involve only the search for a target business or assets, and, therefore, we do not anticipate that we will pay any cash dividends on shares of our common stock in the foreseeable future. Any determination to pay dividends in the future, whether before or after a business combination or asset acquisition, will be at the discretion of our board of directors and will be dependent upon our future financial condition, results of operations and capital requirements, general business conditions and other relevant factors as determined by our board of directors. Accordingly, if you purchase shares of our common stock, realization of a gain on your investment will depend on the appreciation of the price of our common stock, which may never occur. Investors seeking cash dividends in the foreseeable future should not purchase our common stock. See “Dividend Policy.”

 

If securities or industry analysts do not publish research or publish inaccurate or unfavorable research about our business, whether before or following the closing of a business combination or asset acquisition, our stock price and any trading volume could decline.

 

The trading market for our securities, whether before or following the closing of a business combination or asset acquisition, depends in part on the research and reports that industry or financial analysts publish about us or our business. We do not influence or control the reporting of these analysts. If one or more of the analysts who do cover us downgrade or provide a negative outlook on our company or our industry, or the stock of any of our competitors, the price of our common stock could decline. If one or more of these analysts ceases coverage of our company, we could lose visibility in the market, which in turn could cause the price of our common stock to decline.

 

Item 4. Controls and Procedures.

 

Furnish the information required by Item 307 of Regulation S-K (§ 229.307 of this chapter) and Item 308(c) of Regulation S-K (§229.308(c) of this chapter).

 

PART II—OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

There are no legal proceedings against the company at this time

 

Item 1A. Risk Factors.

 

Set forth any material changes from risk factors as previously disclosed in the registrant’s Form 10-K (§249.310) in response to Item 1A. to Part 1 of Form 10-K. Smaller reporting companies are not required to provide the information required by this item.

 

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

There were no unregistered sales of Equity Securities

 

Item 3. Defaults Upon Senior Securities.

 

There were no material defaults during this reporting period

 

Item 5. Other Information.

 

Our current CEO Umesh Singh is currently on medical leave and Robert Thompson Director and Secretary has taken over, temporarily his duties. The company intends to increase its board members from 3 to 5 in the first quarter of 2025.

 

 

SIGNATURES*

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

		GivBux Inx
		(Registrant)
November 22, 2024
Date
		Robert Thompson Director
		(Signature) **
Date		(Signature) **

 

** Print name and title of the signing officer under his signature.

 

v3.24.3

Cover - $ / shares	9 Months Ended
	Sep. 30, 2024	Nov. 21, 2024
Cover [Abstract]
Document Type	10-Q/A
Amendment Flag	true
Amendment Description	This Amendment No1 to the Quarterly Report on Form 10-Q/A (this “Amended Report”)is files with the Securities and Exchange Commission to amend the Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the “Original 10-Q”) of GivBux Inc., solely to furnish XBRL (eXtensible Business Reporting Language) documents under Exhibit 104. As permitted by Rule 405 (a)(2)(ii)of Regulation S-T, Exhibit 104 was required be filed by amendment within 30 days of the original filing date of the Original 10-Q  Except for the foregoing, this Amended Report speaks as of the filing date of the Original 10-Q and does not update or discuss any other developments after the date of the Original 10-Q. This Amended Report restates only thise portions of the Original 10-Q affected by the above changes
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	000-52142
Entity Registrant Name	GivBux Inc
Entity Central Index Key	0001169138
Entity Tax Identification Number	84-1609495
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	2751 W Coast Hwy
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Newport Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92663
City Area Code	(1) 844
Local Phone Number	448-2899
Title of 12(b) Security	Common Shares
Trading Symbol	GBUX
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		94,572,767
Entity Listing, Par Value Per Share	$ 0.001

v3.24.3

Consolidated Balance Sheets - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash	$ 64,655	$ 41,870
Prepaid expenses		22,770
Other receivable	10,180	10,000
Total current assets	74,835	74,640
Operating lease right of use asset		60,357
Total Assets	74,835	134,997
Current Liabilities
Accounts payable	174,296	174,475
Accrued liabilities	954,113	714,986
Loans payable, net discount of $0 and 23,904	525,150	398,246
Convertible notes, net discount of $130,506 and $18,070	323,473	145,830
Derivative liabilities	276,286	32,241
Operating lease liabilities - current		62,323
Total Current Liabilities	3,237,072	2,557,636
Total Liabilities	3,237,072	2,557,636
Stockholders’ Deficit
Preferred stock: 10,000,000 authorized; $0.001 par value 0 shares issued and outstanding
Common stock: 100,000,000 authorized; $0.001 par value 94,579,434 shares and 88,579,434 shares issued and outstanding, respectively	94,580	88,580
Additional paid in capital	3,689,447	1,415,447
Subscription received - shares to be issued	60,000	60,000
Accumulated deficit	(7,006,264)	(3,986,666)
Total Stockholders’ Deficit	(3,162,237)	(2,422,639)
Total Liabilities and Stockholders’ Deficit	74,835	134,997
Related Party [Member]
Current Liabilities
Due to related party	3,275	3,275
Notes payable - related parties	$ 980,479	$ 1,026,260

v3.24.3

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Loans payable, net discount		$ 23,904
Convertible notes, net discount	$ 130,506	$ 18,070
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	94,579,434	88,579,434
Common stock, shares outstanding	94,579,434	88,579,434

v3.24.3

Consolidated Statement of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue	$ 257,920	$ 65,470	$ 330,319	$ 130,961
Cost of revenue	142,202		142,202
Gross profit	115,718	65,470	188,117	130,961
Operating expenses
General and administrative	240,233	113,509	603,363	442,945
Sales and marketing		30,000	60,300	90,000
Stock based-compensation -management				37,500
Professional fees	10,287	212,167	2,331,590	410,642
Total operating expenses	250,520	355,676	2,995,253	981,087
Loss from operations	(134,802)	(290,206)	(2,807,136)	(850,126)
Other income (expense)
Interest expense	(137,804)	(20,754)	(235,983)	(45,373)
Change in fair value of derivative liabilities	48,200	(8,497)	23,521	(8,497)
Total other expense	(89,604)	(29,251)	(212,462)	(53,870)
Loss before income taxes	(224,406)	(319,457)	(3,019,598)	(903,996)
Provision for income taxes
Net loss	$ (224,406)	$ (319,457)	$ (3,019,598)	$ (903,996)
Basic loss per Common Share	$ (0.00)	$ (0.00)	$ (0.03)	$ (0.01)
Diluted loss per Common Share	$ (0.00)	$ (0.00)	$ (0.03)	$ (0.01)
Basic - Weighted average number of common shares outstanding	94,579,434	88,558,601	92,542,938	88,538,286
Diluted - Weighted average number of common shares outstanding	94,579,434	88,558,601	92,542,938	88,538,286

v3.24.3

Consolidated Statement of Change in Stockholders' Deficit (Unaudited) - USD ($)	Preferred Stock [Member] Series A Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Common Stock To Be Issued [Member]	Deferred Stock Compensation [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2022		$ 88,513	$ 1,294,764			$ (2,879,704)	$ (1,496,427)
Balance, shares at Dec. 31, 2022		88,512,767
Net loss						(331,303)	(331,303)
Common stock issued for compensation -management		$ 25	37,475				37,500
Common stock issued for compensation -management, shares		25,000
Balance at Mar. 31, 2023		$ 88,538	1,332,239			(3,211,007)	(1,790,230)
Balance, shares at Mar. 31, 2023		88,537,767
Balance at Dec. 31, 2022		$ 88,513	1,294,764			(2,879,704)	(1,496,427)
Balance, shares at Dec. 31, 2022		88,512,767
Net loss							(903,996)
Balance at Sep. 30, 2023		$ 88,580	1,415,447	60,000	(14,562)	(3,783,700)	(2,234,235)
Balance, shares at Sep. 30, 2023		88,579,434
Balance at Mar. 31, 2023		$ 88,538	1,332,239			(3,211,007)	(1,790,230)
Balance, shares at Mar. 31, 2023		88,537,767
Net loss						(253,236)	(253,236)
Subscription received- shares to be issued				60,000			60,000
Balance at Jun. 30, 2023		$ 88,538	1,332,239	60,000		(3,464,243)	(1,983,466)
Balance, shares at Jun. 30, 2023		88,537,767
Net loss						(319,457)	(319,457)
Common stock issued for compensation -services		$ 25	58,225		(14,562)		43,688
Common stock issued for compensation -services, shares		25,000
Common stock issued for cash		$ 17	24,983				25,000
Common stock issued for cash, shares		16,667
Balance at Sep. 30, 2023		$ 88,580	1,415,447	60,000	(14,562)	(3,783,700)	(2,234,235)
Balance, shares at Sep. 30, 2023		88,579,434
Balance at Dec. 31, 2023		$ 88,580	1,415,447	60,000		(3,986,666)	(2,422,639)
Balance, shares at Dec. 31, 2023		88,579,434
Net loss						(130,397)	(130,397)
Balance at Mar. 31, 2024		$ 88,580	1,415,447	60,000		(4,117,063)	(2,553,036)
Balance, shares at Mar. 31, 2024		88,579,434
Balance at Dec. 31, 2023		$ 88,580	1,415,447	60,000		(3,986,666)	(2,422,639)
Balance, shares at Dec. 31, 2023		88,579,434
Net loss							(3,019,598)
Balance at Sep. 30, 2024		$ 94,580	3,689,447	60,000		(7,006,264)	(3,162,237)
Balance, shares at Sep. 30, 2024		94,579,434
Balance at Mar. 31, 2024		$ 88,580	1,415,447	60,000		(4,117,063)	(2,553,036)
Balance, shares at Mar. 31, 2024		88,579,434
Net loss						(2,664,795)	(2,664,795)
Common stock issued for compensation -services		$ 6,000	2,274,000				2,280,000
Common stock issued for compensation -services, shares		6,000,000
Balance at Jun. 30, 2024		$ 94,580	3,689,447	60,000		(6,781,858)	(2,937,831)
Balance, shares at Jun. 30, 2024		94,579,434
Net loss						(224,406)	(224,406)
Balance at Sep. 30, 2024		$ 94,580	$ 3,689,447	$ 60,000		$ (7,006,264)	$ (3,162,237)
Balance, shares at Sep. 30, 2024		94,579,434

v3.24.3

Consolidated Statement of Cash Flows (Unaudited) - USD ($)	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (224,406)	$ (130,397)	$ (319,457)	$ (331,303)	$ (3,019,598)	$ (903,996)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation-management						37,500
Stock-based compensation -services					2,280,000	43,688
Non-cash leases expenses					60,357	265,042
Amortization of debt discount					189,713	3,500
Change in fair value of derivative liabilities	(48,200)		8,497		(23,521)	8,497
Changes in operating assets and liabilities:
Prepaid expenses					22,770	(23,969)
Other receivable					(180)
Accounts payable and accrued liabilities					212,753	360,973
Accrued interest					46,521	41,624
Operating lease liabilities					(62,323)	(271,902)
Net Cash used in Operating Activities					(293,508)	(439,043)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock						25,000
Proceeds from loans payable					103,000	283,150
Proceeds from convertible notes					279,400	21,000
Proceed from stock subscription						60,000
Proceeds from related parties					31,940	148,988
Repayment to related parties					(98,047)	(109,950)
Net Cash provided by Financing Activities					316,293	428,188
Net change in cash					22,785	(10,855)
Cash, beginning of period		$ 41,870		$ 41,951	41,870	41,951	$ 41,951
Cash, end of period	$ 64,655		$ 31,096		64,655	31,096	$ 41,870
Supplemental cash flow information
Cash paid for interest						166
Cash paid for taxes
Non-cash Investing and Financing transactions:
Common stock issued for compensation -management						37,500
Common stock issued for compensation- services					2,280,000	58,250
Derivative liabilities recognized as debt discount					$ 267,566	$ 21,000

v3.24.3

COMPANY OVERVIEW AND GOING CONCERN	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
COMPANY OVERVIEW AND GOING CONCERN	NOTE 1 – COMPANY OVERVIEW AND GOING CONCERN   On January 15, 2021, FINRA declared effective a change of name of the Company from Senaida Tire Company, Ltd. to GivBux, Inc. (the “Company”, “GivBux”) and a 1-for-20 reverse split of the Company’s common stock. As a condition for approval of the corporate actions, FINRA required the Company to issue 78,125,000 pre-split shares of common stock to the shareholders of GivBux Global Partners, Inc. in exchange for all of the issued and outstanding shares of common stock of GivBux Global Partners, Inc. This requirement was contrary to the terms of the amended Share Exchange Agreement between the Company and GivBux Global Partners, Inc. (the “Agreement”), as these 78,125,000 shares were required pursuant to the Agreement to be issued after the 1-for-20 reverse split, thus being post-split shares. As a result, the Company was contractually required to issue an additional 74,218,050 shares of the Company’s post-split common stock to the former common stock shareholders of GivBux Global Partners, Inc., such that the total number of shares issued pursuant to the share exchange equals that number required by the Agreement.   Share Exchange and Reorganization   On January 7, 2021 (the “Effective Date”), GivBux Global Partners, Inc. (“GivBux Global”) became a 100% subsidiary of GivBux. Furthermore, the Company entered into and closed on a share exchange agreement with GivBux and its shareholders. Pursuant to the terms of the share exchange agreement, GivBux issued 78,125,000 shares of its unregistered post-split common stock to the shareholders of GivBux Global in exchange for all of the shares of GivBux Global’s common stock, representing 100% of its issued and outstanding common stock and as a result of the share exchange agreement, GivBux Global became a wholly owned subsidiary of GivBux.   Recapitalization   For financial accounting purposes, this transaction was treated as a reverse acquisition by GivBux and resulted in a recapitalization with GivBux Global being the accounting acquirer and GivBux as the acquired company. The consummation of this reverse acquisition resulted in a change of control. Accordingly, the historical financial statements prior to the acquisition are those of the accounting acquirer, GivBux and have been prepared to give retroactive effect to the reverse acquisition completed on January 7,2021 and represent the operations of GivBux Global. The consolidated financial statements after the acquisition date, January 7, 2021, include the balance sheets of both companies at historical cost, the historical results of GivBux Global and the results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization.   Going Concern   The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which contemplates the Company’s continuation as a going concern. The Company has incurred net losses of $3,019,598 during the nine months ended September 30, 2024, and has an accumulated deficit of $7,006,264 as of September 30, 2024. In addition, current liabilities exceed current assets by $3,162,237 as of September 30, 2024.   Management intends to raise additional operating funds through equity and/or debt offerings. However, there can be no assurance management will be successful in its endeavors.   There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available to the Company, it may be required to curtail or cease its operations.   Due to uncertainties related to these matters, there exists a substantial doubt about the ability of the Company to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern.

v3.24.3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES   Basis of Presentation   The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and are presented in US dollars. The Company’s year-end is December 31.   Principles of Consolidation   The consolidated financial statements include the accounts of GivBux, Inc. and its wholly owned subsidiary. Intercompany transactions and balances have been eliminated.   Use of Estimates   The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.   Revenue recognition   Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:     ● identify the contract with a customer;   ● identify the performance obligations in the contract;   ● determine the transaction price;   ● allocate the transaction price to performance obligations in the contract; and   ● recognize revenue as the performance obligation is satisfied.   Basic and Diluted Loss Per Common Share   The Company calculates net loss per share in accordance with ASC Topic 260, “Earnings per Share.” Basic loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share of common stock are computed by dividing net earnings by the weighted average number of shares and potential shares outstanding during the period. Potential shares of common stock consist of shares issuable upon the conversion of outstanding convertible debt, preferred stock, warrants and stock option. For the nine months ended September 30, 2024, and 2023, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive. SCHEDULE OF COMPUTATION OF DILUTED NET LOSS EXCLUDED FROM ANTI DILUTIVE                    September 30       2024     2023       Shares     Shares   Convertible notes     1,251,403       269,043       Financial Instruments and Fair Value Measurements   As defined in ASC 820” Fair Value Measurements,” fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).   The following table summarizes fair value measurements by level as of September 30, 2024, and December 31, 2023, measured at fair value on a recurring basis: SCHEDULE OF FAIR VALUE ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS  September 30, 2024   Level 1     Level 2     Level 3     Total   Assets                                 None   $ -     $ -     $ -     $ -   Liabilities                                 Derivative liabilities   $ -     $ -     $ 276,286     $ 276,286     December 31, 2023   Level 1     Level 2     Level 3     Total   Assets                                 None   $ -     $ -     $ -     $ -   Liabilities                                 Derivative liabilities   $ -     $ -     $ 32,241     $ 32,241     Derivative Financial Instruments   The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks. We evaluate all of our financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company used a Black Scholes valuation model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.   Related Parties   The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 4).   Commitments and Contingencies   The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.   Cash and Cash Equivalents   Cash and cash equivalents consist of cash and highly liquid investments with remaining maturities of less than ninety days at the date of purchase. We maintain cash and cash equivalent balances with financial institutions that exceed federally-insured limits. We have not experienced any losses related to these balances, and we believe the credit risk to be minimal. The Company does not have any cash equivalents.   Leases   ASC 842 supersedes the lease requirements in ASC 840 “Leases”, and generally requires lessees to recognize operating and finance lease liabilities and corresponding right-of-use (“ROU”) assets on the balance sheet and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements.     ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we generally use our incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option.   Any lease with a term of 12 months or less is considered short-term. As permitted by ASC 842, short-term leases are excluded from the ROU assets and lease liabilities on the consolidated balance sheets. Consistent with all other operating leases, short-term lease expense is recorded on a straight-line basis over the lease term.   The Company determines the present value of minimum future lease payments for operating leases by estimating a rate of interest that it would have to pay to borrow on a collateralized basis over a similar term, an amount equal to the lease payments and a similar economic environment (the “incremental borrowing rate” or “IBR”).The Company determines the appropriate IBR by identifying a reference rate and making adjustments that take into consideration financing options and certain lease-specific circumstances.   On February 29, 2024, the term of lease terminated, and the Company moved out from premises. As of December 31, 2023, the Company’s lease agreement is accounted for as operating leases.   Recent Accounting Pronouncements   The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our consolidated financial statements.   Reclassification   Certain accounts from prior periods have been reclassified to conform to the current period presentation.

v3.24.3

LEASES	9 Months Ended
	Sep. 30, 2024
Leases
LEASES	NOTE 3 – LEASES   On March 1, 2021, the Company entered into lease agreements to rent office and marina spaces for a three-year term at $29,250 per month for the first twelve months. The Company leases its offices at 2801 W Coast Hwy, Suite 200, Newport Beach CA 92663. The lease was terminated and February 29, 2024, the Company moved out from premises on April 15, 2024. The Company moved to a new office at 2751W Coast Hwy on a month-to-month basis.   In accordance with ASC 842, the Company recognized operating lease ROU assets and lease liabilities as follows:   The components of lease expense were as follows: SCHEDULE OF LEASE EXPENSE      2024     2023     2024     2023       Three Months Ended     Nine Months Ended       September 30,     September 30,       2024     2023     2024     2023   Lease cost:                                 Operating lease cost   $ -     $ 90,666     $ 60,444     $ 271,998   Short-term lease cost     140,264       8,336       335,734       22,736   Sublease income     -       (26,000 )     (1,500 )     (90,900 ) Total lease cost   $ 140,264     $ 73,002     $ 394,678     $ 203,834     Supplemental cash flow information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES      2024     2023       Nine Months Ended       September 30,       2024     2023   Cash paid for amounts included in the measurement of lease liabilities:             Operating cash flows from operating leases   $ 337,797     $ 301,594                     Weighted-average remaining lease term - operating leases (year)     -       0.41   Weighted-average discount rate — operating leases     0.00 %     3.35 %     Supplemental balance sheet information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES      September 30,     December 31,       2024     2023   Operating lease right-of-use asset   $ -     $ 60,357                     Operating lease liabilities:                 Current portion   $ -     $ 62,323   Non-current portion     -       -    Total   $ -     $ 62,323

v3.24.3

RELATED PARTY ITEMS	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
RELATED PARTY ITEMS	NOTE 4 – RELATED PARTY ITEMS   Notes Payable Related Parties   During the nine months ended September 30, 2024, and 2023, the Company obtained $ 31,940 and $148,988 loan from our related parties, repaid $98,047 and $109,950 to our related parties and recognized interest of $20,326 and $21,560, respectively.   As of September 30, 2024, and December 31,2023, the Company had notes payable related parties of $868,747 and $934,854 and accrued interest of $111,732 and $91,406, respectively. The notes are unsecured, 3% interest bearing and due on demand.   Due to related party   As of September 30,2024, and December 31,2023, the Company had due to related party of $3,275.   Stock based compensation.   During the nine months ended September 30,2023, the Company issued 25,000 shares of common stock for compensation -management of $37,500.

v3.24.3

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	NOTE 5 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES   The following table summarizes the components of the Company’s accounts payable and accrued liabilities as of the dates presented: SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES      September 30,     December 31,       2024     2023   Trade payable   $ 174,296     $ 174,475   Salary payable     368,000       278,000   Accrued interest     86,613       60,669   Other current liabilities     499,500       376,317   Accounts payable and accrued liabilities   $ 1,128,409     $ 889,461

v3.24.3

LOANS PAYABLE	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
LOANS PAYABLE	NOTE 6 – LOANS PAYABLE   The components of loans payable as of September 30, 2024, and December 31, 2023, were as follows:  SCHEDULE OF LOANS PAYABLE Payment date   Principal Amount     Maturity date   Interest rate     September 30, 2024     December 31, 2023   January 19, 2022   $ 12,500     January 19, 2023     7 %   $ 12,500     $ 12,500   March 7, 2022   $ 3,000     March 7, 2023     7 %     3,000       3,000   October 13, 2022   $ 25,000     October 13, 2023     7 %     12,500       12,500   January 31, 2023   $ 100,000     Due on demand     0 %     100,000       100,000   February 9, 2023   $ 10,000     Due on demand     0 %     10,000       10,000   March 1, 2023   $ 50,000     Due on demand     0 %     50,000       50,000   April 5, 2023   $ 25,000     August 3, 2023     15% fixed       25,000       25,000   May 19, 2023   $ 4,000     Due on demand     0 %     4,000       4,000   June 20, 2023   $ 40,000     September 18, 2023     12% fixed       40,000       40,000   July 12, 2023   $ 4,150     Due on demand     0 %     4,150       4,150   July 17, 2023   $ 50,000     Due on demand     0 %     50,000       50,000   October 6, 2023   $ 10,000     October 6, 2024     7 %     10,000       10,000   December 6, 2023   $ 1,000     Due on demand     0 %     2,000       1,000   December 26, 2023   $ 100,000     April 18, 2024     0 %     100,000       100,000   February 9,2024   $ 1,000     Due on demand     0 %     1,000       -   July 17, 2024   $ 37,000     January 15, 2025     5 %     37,000       -   August 14, 2024   $ 64,000     January 15, 2025     5 %     64,000       -   Total loans payable     $ 525,150     $ 422,150   Less: Unamortized debt discount       -       (23,904 ) Loan payable                         525,150       398,246   Less: Current portion       525,150       398,246   Long-term portion     $ -     $ -     On December 26, 2023, the Company entered into a promissory note agreement with an investor for the principal amount of $100,000, received the amount of $75,000 in cash, non-secured, free interest with maturity date of April 18, 2024. The Company recognized a debt discount of $25,000. The debt discount is being amortized over the life of the note using the effective interest method.   During the nine months ended September 30, 2024, and 2023, the Company borrowed $103,000 and $283,150, respectively.   As of September 30, 2024, and December 31, 2023, six (6) and five (5) loans with unpaid balance of $193,000 and $93,000 are in default, respectively.   During the nine months ended September 30, 2024, and 2023, the Company recognized interest and default penalty of $6,207 and $10,789 and amortization debt discount of $23,904 and $0, respectively.   As of September 30, 2024, and December 31, 2023, the Company had loans payable of $525,150 and $422,150, accrued interest of $20,291 and $14,085 and amortization debt discount of $0 and $23,904, respectively.

v3.24.3

CONVERTIBLE NOTES PAYABLE	9 Months Ended
	Sep. 30, 2024
Convertible Notes Payable
CONVERTIBLE NOTES PAYABLE	NOTE 7 –CONVERTIBLE NOTES PAYABLE  SCHEDULE OF CONVERTIBLE NOTES PAYABLE Issuance date   Principal Amount     Maturity date   Interest rate     September 30, 2024     December 31, 2023   September 30, 2019   $ 30,000     September 30, 2021     8 %   $ 30,000     $ 30,000   January 29, 2020   $ 10,000     January 29, 2021     8 %     10,000       10,000   February 26, 2020   $ 10,000     February 26, 2021     8 %     10,000       10,000   March 6, 2020   $ 7,500     March 6, 2021     8 %     7,500       7,500   March 5, 2020   $ 3,700     March 5, 2021     8 %     5,900       5,900   March 9, 2020   $ 1,200     March 9, 2021     8 %     1,200       1,200   March 26, 2020   $ 60,000     March 26, 2021     10 %     60,000       60,000   March 5, 2021   $ 11,300     March 5, 2022     8 %     11,300       11,300   July 11, 2023   $ 11,000     July 11, 2024     7 %     11,000       11,000   August 22, 2023   $ 10,000     August 22, 2024     7 %     10,000       10,000   November 1, 2023   $ 7,000     October 31, 2024     7 %     7,000       7,000   April 4, 2024   $ 28,600     October 3, 2024     10 %     28,600       -   April 23, 2024   $ 5,000     April 23, 2025     10 %     5,000       -   May 7, 2024   $ 14,111     October 3, 2024     10 %     14,111       -   May 8, 2024   $ 25,000     May 8, 2025     10 %     25,000       -   May 8, 2024   $ 25,000     May 8, 2025     20 %     25,000       -   May 17, 2024   $ 5,556     October 3, 2024     10 %     5,556       -   May 31, 2024   $ 3,333     October 3, 2024     10 %     3,333       -   June 5, 2024   $ 25,000     June 1, 2025     10 %     25,000       -   June 6, 2024   $ 25,000     June 6, 2025     10 %     25,000       -   June 7, 2024   $ 2,500     June 1, 2025     10 %     2,500       -   June 10, 2024   $ 5,000     June 1, 2025     10 %     5,000       -   June 11, 2024   $ 5,000     June 1, 2025     10 %     5,000       -   June 17, 2024   $ 2,500     June 1, 2025     10 %     2,500       -   June 27, 2024   $ 700     June 27, 2025     10 %     700       -   July 2, 2024   $ 6,667     October 3, 2024     10 %     6,667       -   July 29, 2024   $ 6,667     October 3, 2024     10 %     6,667       -   August 9, 2024   $ 16,667     October 3, 2024     10 %     16,667       -   August 14, 2024   $ 27,778     October 3, 2024     10 %     27,778       -   July 2, 2024   $ 6,000     June 1, 2025     10 %     6,000       -   July 3, 2024   $ 4,000     June 1, 2025     10 %     4,000       -   July 17, 2024   $ 25,000     July 17, 2025     10 %     25,000       -   August 22, 2024   $ 25,000     August 19, 2025     10 %     25,000       -   Total carrying amount                       $ 453,979     $ 163,900   Less: Unamortized debt discount       (130,506 )     (18,070 ) Total convertible notes payable       323,473       145,830   Less: Current portion       323,473       145,830   Long-term portion     $ -     $ -        The components of convertible notes payable as of September 30, 2024, and December 31, 2023, were as follows:   Convertible notes payable consists of the following:   ● Terms ranging from five months to one year. ● Annual interest rates range from 7% – 10%. ● Convertible at the option of the holders at any time during the period of note, after maturity date or 6 months after issuance date. ● Conversion prices is a fixed of $0.50 for certain notes. Certain notes have a conversion price of 25% and 45% discount to the operative market valuation of the Company.   During the nine months ended September 30, 2024, and 2023, the Company issued convertible notes of $290,079 and $21,000, respectively.   During the year ended December 31, 2023, the Company entered into three convertible notes with two investors for the principal amount of $28,000 in cash with an interest rate of 7% per annum. According to terms and condition of the agreement, the noteholder has the right from time to time during the period of the note to convert the unpaid principal into common stock at conversion price of 25% discount to the average trading price during the ten (10) day period ending on the last complete training day prior to the conversion date. As of the issuance date of the notes, the Company recognized the additional of new derivative of $28,000 as debt discount and $2,935 Day 1 loss on derivative. The debt discount is being amortized over the life of the note using the effective interest method (Note 8).   On April 4, 2024, the Company entered into a convertible promissory note of $100,000 with 10% original issue discount (OID), interest rate of 10% per annum, conversion price of 55% of the average price of the Company’s common stock during the 20 consecutive trading days prior to the date of the conversion with maturity date of October 3,2024. During the period ended September 30,2024, the Company obtained the initial consideration of $98,700 with 10% OID of $10,679 for total initial principal amount of $109,379.   During the nine months ended September 30, 2024, the Company entered into seven (7) convertible promissory notes of $180,700 with an interest rate of 10% and 20% per annum for a term of 12 months. The noteholders have the right from time to time during the period of the note to convert the unpaid principal into common stock at conversion price of 25% and 45% discount to the average trading price during the ten (10) day period ending on the last complete training day prior to the conversion date.   As of September 30, 2024, and December 31, 2023, ten (10) and eight (8) convertible notes with unpaid balance of $156,900 and $135,000 are in default, respectively   During the nine months ended September 30, 2024, and 2023, the Company recognized interest of $19,988 and $9,275, amortization debt discount of $165,809 and $3,500, respectively.     As of September 30, 2024, and December 31, 2023, the Company had convertible notes payable of $453,979 and $163,900, unamortized debt discount of $130,506 and $18,070 and accrued interest of $66,322 and $46,335, respectively.

v3.24.3

DERIVATIVE LIABILITIES	9 Months Ended
	Sep. 30, 2024
Derivative Liabilities
DERIVATIVE LIABILITIES	Note 8 -DERIVATIVE LIABILITIES   The Company analyzed the conversion option for derivative accounting consideration under ASC 815, Derivatives and Hedging, and hedging, and determined that the instrument should be classified as a liability since the conversion option becomes effective at issuance resulting in there being no explicit limit to the number of shares to be delivered upon settlement of the above conversion options. The Company accounts for warrants as a derivative liability due to there being no explicit limit to the number of shares to be delivered upon settlement of all conversion options.   Fair Value Assumptions Used in Accounting for Derivative Liabilities.   ASC 815 requires us to assess the fair market value of derivative liability at the end of each reporting period and recognize any change in the fair market value as other income or expense item.   The Company determined our derivative liabilities to be a Level 3 fair value measurement and used the Black-Scholes pricing model to calculate the fair value as of September 30, 2024. The Black-Scholes model requires six basic data inputs: the exercise or strike price, time to expiration, the risk-free interest rate, the current stock price, the estimated volatility of the stock price in the future, and the dividend rate. Changes to these inputs could produce a significantly higher or lower fair value measurement. The fair value of each convertible note is estimated using the Black-Scholes valuation model.   For the nine months ended September 30, 2024, and the year ended December 31, 2023, the estimated fair values of the liabilities measured on a recurring basis are as follows:  SCHEDULE OF ESTIMATED FAIR VALUES OF THE LIABILITIES MEASURED ON A RECURRING BASIS       Nine months ended       Year ended         September 30,       December 31,         2024       2023   Term     0.01 - 1.00 years       0.6 - 1.00 years   Expected average volatility     0% - 304 %     262 - 365 % Expected dividend yield     -       -   Risk-free interest rate     3.98% -5.39 %     4.79% - 5.46 %   The following table summarizes the changes in the derivative liabilities during the nine months ended September 30, 2024.  SCHEDULE OF CHANGES IN THE DERIVATIVE LIABILITIES Fair Value Measurements Using Significant Observable Inputs (Level 3)                   Balance - December 31, 2023   $ 32,241             Addition of new derivatives recognized as debt discounts     267,566   Addition of new derivatives recognized as loss on derivatives     48,249   Gain on change in fair value of the derivative     (71,770 ) Balance - September 30, 2024   $ 276,286     The aggregate loss on derivatives during the nine months ended September 30, 2024, and 2023 was as follows.  SCHEDULE OF AGGREGATE LOSS ON DERIVATIVES     2024     2023       Nine Months Ended       September 30       2024     2023   Day one loss due to derivative liabilities on convertible note   $ 48,249     $ 1,406   Loss (gain) on change in fair value of the derivative liabilities     (71,770 )     7,091   Total   $ (23,521 )   $ 8,497

v3.24.3

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 9 –STOCKHOLDERS’ EQUITY   The Company is authorized to issue 110,000,000 shares of stock with a par value of $0.001 per share, 10,000,000 shares of which are Preferred Stock.   Preferred Stock   The Board of Directors has previously designated and adopted (i) Preferred Stock in 1,000,000 shares as Series A (were previously issued and converted into Common stock during the quarter ended June 30,2021), (ii) 1,000,000 as Series B. On October 31,2022, the Board of Directors designated Preferred Stock in 1,000,000 shares as Series C, all Series having par value of $0.001 per share.   Series B Preferred stock will be issued to secure debt or equity or any combination to be acquired by the Company. The holders of Series B Preferred stock shall be entitled to be paid out of the assets of the Company a value of $20 per share of Series B Preferred stock. As of the date of these financial Statements, the Agreement has not been closed and no shares of Series B Preferred stock issued.   Series C Preferred stock shall not be converted into shares of the Common stock. Except as may be required by the Nevada Business Corporation Act, the Series C Preferred stock shall not be entitled to receive cash, stock or other property as dividends. Common Stock   During the nine months ended September 30, 2023, the Company issued 25,000 shares of common stock for compensation -management, valued at $37,500.   On March 27, 2024, the Company entered into a consulting agreement for corporate administration and governance purposes for a term of 12 months. The consulting fees agreed by issuance 6,000,000 shares of restricted common stock to consultant. During the nine months of September 30, 2024, the Company issued 6,000,000 shares of restricted common stock, valued at $2,280,000 based on market value on agreement date.   As of September 30, 2024, and December 31, 2023, the Company had 94,579,434 shares and 88,579,434 shares of Common Stock outstanding, and no shares of Preferred Stock issued and outstanding (Series A, B and C). The Board of Directors may fix and determine the relative rights and preferences of the shares of any series established.

v3.24.3

COMMITMENTS	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	NOTE 10 – COMMITMENTS   On September 28, 2022, the Company entered into a Share Exchange Agreement (‘SEA”) with Active World Holdings, Inc. a Pennsylvania corporation ( DBA Active World Club) , (“AWC”), for exchange 100% of issued and outstanding shares of capital stock of AWH’s wholly owned subsidiary, AWC Unity Metaverse, a corporation to be formed whose sole assets is its metaverse platform (“Metaverse Assets’) which can be replaced for the Company client base for 1,000,000 shares of Series B Convertible Preferred Stock of the Company. On December 15, 2022, the Company and AWH entered into the first amendment to SEA, and agreed (i) rename AWC Metaverse, Inc. (ii) issuance 500,000 shares of Series B convertible Preferred Stock upon the signing amendment and 500,000 shares of Series B Convertible Preferred Stock upon the completion the first $2,500,000 in metaverse sales (iii) AWC will have the sole right to choose the second tranche of 500,000 shares of Series B Convertible Preferred Stock into a like kind Preferred class to be determined in the wholly owned metaverse subsidiary contemplated herein. As of September 30,2024, the first tranche of 500,000 shares of Series B Convertible Preferred Stock has not been issued.   On November 1, 2023, the Company entered into a mutual venture agreement with an entity for operation of a yacht charter business. During the year ended December 31, 2023, the Company received $100,000 in advance, but the agreement was not completed and signed. As of September 30, 2024, the Company owns $100,000 to the other part of the agreement.

v3.24.3

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11 - SUBSEQUENT EVENTS   Management evaluated all additional events through the date the consolidated financial statements were available to be issued. Based upon this review, unless noted below, the Company did not identify any material subsequent events that would have required adjustment or disclosure in the consolidated financial statements.

v3.24.3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation   The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and are presented in US dollars. The Company’s year-end is December 31.
Principles of Consolidation	Principles of Consolidation   The consolidated financial statements include the accounts of GivBux, Inc. and its wholly owned subsidiary. Intercompany transactions and balances have been eliminated.
Use of Estimates	Use of Estimates   The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.
Revenue recognition	Revenue recognition   Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements:     ● identify the contract with a customer;   ● identify the performance obligations in the contract;   ● determine the transaction price;   ● allocate the transaction price to performance obligations in the contract; and   ● recognize revenue as the performance obligation is satisfied.
Basic and Diluted Loss Per Common Share	Basic and Diluted Loss Per Common Share   The Company calculates net loss per share in accordance with ASC Topic 260, “Earnings per Share.” Basic loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share of common stock are computed by dividing net earnings by the weighted average number of shares and potential shares outstanding during the period. Potential shares of common stock consist of shares issuable upon the conversion of outstanding convertible debt, preferred stock, warrants and stock option. For the nine months ended September 30, 2024, and 2023, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive. SCHEDULE OF COMPUTATION OF DILUTED NET LOSS EXCLUDED FROM ANTI DILUTIVE                    September 30       2024     2023       Shares     Shares   Convertible notes     1,251,403       269,043
Financial Instruments and Fair Value Measurements	Financial Instruments and Fair Value Measurements   As defined in ASC 820” Fair Value Measurements,” fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).   The following table summarizes fair value measurements by level as of September 30, 2024, and December 31, 2023, measured at fair value on a recurring basis: SCHEDULE OF FAIR VALUE ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS  September 30, 2024   Level 1     Level 2     Level 3     Total   Assets                                 None   $ -     $ -     $ -     $ -   Liabilities                                 Derivative liabilities   $ -     $ -     $ 276,286     $ 276,286     December 31, 2023   Level 1     Level 2     Level 3     Total   Assets                                 None   $ -     $ -     $ -     $ -   Liabilities                                 Derivative liabilities   $ -     $ -     $ 32,241     $ 32,241
Derivative Financial Instruments	Derivative Financial Instruments   The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks. We evaluate all of our financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company used a Black Scholes valuation model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.
Related Parties	Related Parties   The Company follows ASC 850, “Related Party Disclosures,” for the identification of related parties and disclosure of related party transactions (see Note 4).
Commitments and Contingencies	Commitments and Contingencies   The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.
Cash and Cash Equivalents	Cash and Cash Equivalents   Cash and cash equivalents consist of cash and highly liquid investments with remaining maturities of less than ninety days at the date of purchase. We maintain cash and cash equivalent balances with financial institutions that exceed federally-insured limits. We have not experienced any losses related to these balances, and we believe the credit risk to be minimal. The Company does not have any cash equivalents.
Leases	Leases   ASC 842 supersedes the lease requirements in ASC 840 “Leases”, and generally requires lessees to recognize operating and finance lease liabilities and corresponding right-of-use (“ROU”) assets on the balance sheet and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements.     ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we generally use our incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option.   Any lease with a term of 12 months or less is considered short-term. As permitted by ASC 842, short-term leases are excluded from the ROU assets and lease liabilities on the consolidated balance sheets. Consistent with all other operating leases, short-term lease expense is recorded on a straight-line basis over the lease term.   The Company determines the present value of minimum future lease payments for operating leases by estimating a rate of interest that it would have to pay to borrow on a collateralized basis over a similar term, an amount equal to the lease payments and a similar economic environment (the “incremental borrowing rate” or “IBR”).The Company determines the appropriate IBR by identifying a reference rate and making adjustments that take into consideration financing options and certain lease-specific circumstances.   On February 29, 2024, the term of lease terminated, and the Company moved out from premises. As of December 31, 2023, the Company’s lease agreement is accounted for as operating leases.
Recent Accounting Pronouncements	Recent Accounting Pronouncements   The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on our consolidated financial statements.
Reclassification	Reclassification   Certain accounts from prior periods have been reclassified to conform to the current period presentation.

v3.24.3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
SCHEDULE OF COMPUTATION OF DILUTED NET LOSS EXCLUDED FROM ANTI DILUTIVE	SCHEDULE OF COMPUTATION OF DILUTED NET LOSS EXCLUDED FROM ANTI DILUTIVE                    September 30       2024     2023       Shares     Shares   Convertible notes     1,251,403       269,043
SCHEDULE OF FAIR VALUE ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS	SCHEDULE OF FAIR VALUE ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS  September 30, 2024   Level 1     Level 2     Level 3     Total   Assets                                 None   $ -     $ -     $ -     $ -   Liabilities                                 Derivative liabilities   $ -     $ -     $ 276,286     $ 276,286     December 31, 2023   Level 1     Level 2     Level 3     Total   Assets                                 None   $ -     $ -     $ -     $ -   Liabilities                                 Derivative liabilities   $ -     $ -     $ 32,241     $ 32,241

v3.24.3

LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
Leases
SCHEDULE OF LEASE EXPENSE	The components of lease expense were as follows: SCHEDULE OF LEASE EXPENSE      2024     2023     2024     2023       Three Months Ended     Nine Months Ended       September 30,     September 30,       2024     2023     2024     2023   Lease cost:                                 Operating lease cost   $ -     $ 90,666     $ 60,444     $ 271,998   Short-term lease cost     140,264       8,336       335,734       22,736   Sublease income     -       (26,000 )     (1,500 )     (90,900 ) Total lease cost   $ 140,264     $ 73,002     $ 394,678     $ 203,834
SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES	Supplemental cash flow information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES      2024     2023       Nine Months Ended       September 30,       2024     2023   Cash paid for amounts included in the measurement of lease liabilities:             Operating cash flows from operating leases   $ 337,797     $ 301,594                     Weighted-average remaining lease term - operating leases (year)     -       0.41   Weighted-average discount rate — operating leases     0.00 %     3.35 %
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES	Supplemental balance sheet information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES      September 30,     December 31,       2024     2023   Operating lease right-of-use asset   $ -     $ 60,357                     Operating lease liabilities:                 Current portion   $ -     $ 62,323   Non-current portion     -       -    Total   $ -     $ 62,323

v3.24.3

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	The following table summarizes the components of the Company’s accounts payable and accrued liabilities as of the dates presented: SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES      September 30,     December 31,       2024     2023   Trade payable   $ 174,296     $ 174,475   Salary payable     368,000       278,000   Accrued interest     86,613       60,669   Other current liabilities     499,500       376,317   Accounts payable and accrued liabilities   $ 1,128,409     $ 889,461

v3.24.3

LOANS PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
SCHEDULE OF LOANS PAYABLE	The components of loans payable as of September 30, 2024, and December 31, 2023, were as follows:  SCHEDULE OF LOANS PAYABLE Payment date   Principal Amount     Maturity date   Interest rate     September 30, 2024     December 31, 2023   January 19, 2022   $ 12,500     January 19, 2023     7 %   $ 12,500     $ 12,500   March 7, 2022   $ 3,000     March 7, 2023     7 %     3,000       3,000   October 13, 2022   $ 25,000     October 13, 2023     7 %     12,500       12,500   January 31, 2023   $ 100,000     Due on demand     0 %     100,000       100,000   February 9, 2023   $ 10,000     Due on demand     0 %     10,000       10,000   March 1, 2023   $ 50,000     Due on demand     0 %     50,000       50,000   April 5, 2023   $ 25,000     August 3, 2023     15% fixed       25,000       25,000   May 19, 2023   $ 4,000     Due on demand     0 %     4,000       4,000   June 20, 2023   $ 40,000     September 18, 2023     12% fixed       40,000       40,000   July 12, 2023   $ 4,150     Due on demand     0 %     4,150       4,150   July 17, 2023   $ 50,000     Due on demand     0 %     50,000       50,000   October 6, 2023   $ 10,000     October 6, 2024     7 %     10,000       10,000   December 6, 2023   $ 1,000     Due on demand     0 %     2,000       1,000   December 26, 2023   $ 100,000     April 18, 2024     0 %     100,000       100,000   February 9,2024   $ 1,000     Due on demand     0 %     1,000       -   July 17, 2024   $ 37,000     January 15, 2025     5 %     37,000       -   August 14, 2024   $ 64,000     January 15, 2025     5 %     64,000       -   Total loans payable     $ 525,150     $ 422,150   Less: Unamortized debt discount       -       (23,904 ) Loan payable                         525,150       398,246   Less: Current portion       525,150       398,246   Long-term portion     $ -     $ -

v3.24.3

CONVERTIBLE NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2024
Convertible Notes Payable
SCHEDULE OF CONVERTIBLE NOTES PAYABLE	SCHEDULE OF CONVERTIBLE NOTES PAYABLE Issuance date   Principal Amount     Maturity date   Interest rate     September 30, 2024     December 31, 2023   September 30, 2019   $ 30,000     September 30, 2021     8 %   $ 30,000     $ 30,000   January 29, 2020   $ 10,000     January 29, 2021     8 %     10,000       10,000   February 26, 2020   $ 10,000     February 26, 2021     8 %     10,000       10,000   March 6, 2020   $ 7,500     March 6, 2021     8 %     7,500       7,500   March 5, 2020   $ 3,700     March 5, 2021     8 %     5,900       5,900   March 9, 2020   $ 1,200     March 9, 2021     8 %     1,200       1,200   March 26, 2020   $ 60,000     March 26, 2021     10 %     60,000       60,000   March 5, 2021   $ 11,300     March 5, 2022     8 %     11,300       11,300   July 11, 2023   $ 11,000     July 11, 2024     7 %     11,000       11,000   August 22, 2023   $ 10,000     August 22, 2024     7 %     10,000       10,000   November 1, 2023   $ 7,000     October 31, 2024     7 %     7,000       7,000   April 4, 2024   $ 28,600     October 3, 2024     10 %     28,600       -   April 23, 2024   $ 5,000     April 23, 2025     10 %     5,000       -   May 7, 2024   $ 14,111     October 3, 2024     10 %     14,111       -   May 8, 2024   $ 25,000     May 8, 2025     10 %     25,000       -   May 8, 2024   $ 25,000     May 8, 2025     20 %     25,000       -   May 17, 2024   $ 5,556     October 3, 2024     10 %     5,556       -   May 31, 2024   $ 3,333     October 3, 2024     10 %     3,333       -   June 5, 2024   $ 25,000     June 1, 2025     10 %     25,000       -   June 6, 2024   $ 25,000     June 6, 2025     10 %     25,000       -   June 7, 2024   $ 2,500     June 1, 2025     10 %     2,500       -   June 10, 2024   $ 5,000     June 1, 2025     10 %     5,000       -   June 11, 2024   $ 5,000     June 1, 2025     10 %     5,000       -   June 17, 2024   $ 2,500     June 1, 2025     10 %     2,500       -   June 27, 2024   $ 700     June 27, 2025     10 %     700       -   July 2, 2024   $ 6,667     October 3, 2024     10 %     6,667       -   July 29, 2024   $ 6,667     October 3, 2024     10 %     6,667       -   August 9, 2024   $ 16,667     October 3, 2024     10 %     16,667       -   August 14, 2024   $ 27,778     October 3, 2024     10 %     27,778       -   July 2, 2024   $ 6,000     June 1, 2025     10 %     6,000       -   July 3, 2024   $ 4,000     June 1, 2025     10 %     4,000       -   July 17, 2024   $ 25,000     July 17, 2025     10 %     25,000       -   August 22, 2024   $ 25,000     August 19, 2025     10 %     25,000       -   Total carrying amount                       $ 453,979     $ 163,900   Less: Unamortized debt discount       (130,506 )     (18,070 ) Total convertible notes payable       323,473       145,830   Less: Current portion       323,473       145,830   Long-term portion     $ -     $ -

v3.24.3

DERIVATIVE LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Liabilities
SCHEDULE OF ESTIMATED FAIR VALUES OF THE LIABILITIES MEASURED ON A RECURRING BASIS	For the nine months ended September 30, 2024, and the year ended December 31, 2023, the estimated fair values of the liabilities measured on a recurring basis are as follows:  SCHEDULE OF ESTIMATED FAIR VALUES OF THE LIABILITIES MEASURED ON A RECURRING BASIS       Nine months ended       Year ended         September 30,       December 31,         2024       2023   Term     0.01 - 1.00 years       0.6 - 1.00 years   Expected average volatility     0% - 304 %     262 - 365 % Expected dividend yield     -       -   Risk-free interest rate     3.98% -5.39 %     4.79% - 5.46 %
SCHEDULE OF CHANGES IN THE DERIVATIVE LIABILITIES	The following table summarizes the changes in the derivative liabilities during the nine months ended September 30, 2024.  SCHEDULE OF CHANGES IN THE DERIVATIVE LIABILITIES Fair Value Measurements Using Significant Observable Inputs (Level 3)                   Balance - December 31, 2023   $ 32,241             Addition of new derivatives recognized as debt discounts     267,566   Addition of new derivatives recognized as loss on derivatives     48,249   Gain on change in fair value of the derivative     (71,770 ) Balance - September 30, 2024   $ 276,286
SCHEDULE OF AGGREGATE LOSS ON DERIVATIVES	The aggregate loss on derivatives during the nine months ended September 30, 2024, and 2023 was as follows.  SCHEDULE OF AGGREGATE LOSS ON DERIVATIVES     2024     2023       Nine Months Ended       September 30       2024     2023   Day one loss due to derivative liabilities on convertible note   $ 48,249     $ 1,406   Loss (gain) on change in fair value of the derivative liabilities     (71,770 )     7,091   Total   $ (23,521 )   $ 8,497

v3.24.3

COMPANY OVERVIEW AND GOING CONCERN (Details Narrative) - USD ($)			3 Months Ended						9 Months Ended
	Jan. 15, 2021	Jan. 07, 2021	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Net loss			$ 224,406	$ 2,664,795	$ 130,397	$ 319,457	$ 253,236	$ 331,303	$ 3,019,598	$ 903,996
Accumulated deficit			7,006,264						7,006,264		$ 3,986,666
Working capital deficit			3,162,237						$ 3,162,237
Giv Bux Global Partners Inc [Member]
Ownership percentage		100.00%
Common Stock [Member]
Issuance of shares						16,667
Net loss
Giv Bux Global Partners Inc [Member]
Issuance of shares	78,125,000	78,125,000
Reverse stock split	1-for-20 reverse split
Giv Bux Global Partners Inc [Member] | Common Stock [Member]
Issuance of shares	74,218,050

v3.24.3

SCHEDULE OF COMPUTATION OF DILUTED NET LOSS EXCLUDED FROM ANTI DILUTIVE (Details) - shares	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Convertible Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Convertible notes	1,251,403	269,043

v3.24.3

SCHEDULE OF FAIR VALUE ASSETS AND LIABILITIES MEASURED ON RECURRING BASIS (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Platform Operator, Crypto Asset [Line Items]
Derivative assets
Derivative liabilities	276,286	32,241
Fair Value, Inputs, Level 1 [Member]
Platform Operator, Crypto Asset [Line Items]
Derivative assets
Derivative liabilities
Fair Value, Inputs, Level 2 [Member]
Platform Operator, Crypto Asset [Line Items]
Derivative assets
Derivative liabilities
Fair Value, Inputs, Level 3 [Member]
Platform Operator, Crypto Asset [Line Items]
Derivative assets
Derivative liabilities	$ 276,286	$ 32,241

v3.24.3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	Sep. 30, 2024	Mar. 01, 2021
Accounting Policies [Abstract]
Operating lease term	12 months	3 years

v3.24.3

SCHEDULE OF LEASE EXPENSE (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases
Operating lease cost		$ 90,666	$ 60,444	$ 271,998
Short-term lease cost	140,264	8,336	335,734	22,736
Sublease income		(26,000)	(1,500)	(90,900)
Total lease cost	$ 140,264	$ 73,002	$ 394,678	$ 203,834

v3.24.3

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION RELATED TO LEASES (Details) - USD ($)		9 Months Ended
	Mar. 01, 2021	Sep. 30, 2024	Sep. 30, 2023
Leases
Operating cash flows from operating leases	$ 29,250	$ 337,797	$ 301,594
Weighted-average remaining lease term - operating leases (year)			4 months 28 days
Weighted-average discount rate operating leases		0.00%	3.35%

v3.24.3

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Leases
Operating lease right-of-use asset		$ 60,357
Current portion		62,323
Non-current portion
Total		$ 62,323

v3.24.3

LEASES (Details Narrative) - USD ($)		9 Months Ended
	Mar. 01, 2021	Sep. 30, 2024	Sep. 30, 2023
Leases
Operating lease term	3 years	12 months
Operating lease payments	$ 29,250	$ 337,797	$ 301,594
Operating lease term	12 months

v3.24.3

RELATED PARTY ITEMS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Interest expense			$ 6,207	$ 10,789
Interest expense	$ 86,613		86,613		$ 60,669
Share based compensation				37,500
Related Party [Member]
Related Party Transaction [Line Items]
Borrowings	31,940	$ 148,988	31,940	148,988
Repayment to related parties			98,047	109,950
Interest expense			20,326	$ 21,560
Notes payable related parties	868,747		868,747		934,854
Interest expense	$ 111,732		$ 111,732		91,406
Unsecured interest rate	3.00%		3.00%
Due to related party	$ 3,275		$ 3,275		$ 3,275
Shares issued for compensation				25,000
Share based compensation				$ 37,500

v3.24.3

SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Trade payable	$ 174,296	$ 174,475
Salary payable	368,000	278,000
Accrued interest	86,613	60,669
Other current liabilities	499,500	376,317
Accounts payable and accrued liabilities	$ 1,128,409	$ 889,461

v3.24.3

SCHEDULE OF LOANS PAYABLE (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Total loans payable	$ 525,150	$ 422,150
Less: Unamortized debt discount		(23,904)
Loan payable	525,150	398,246
Less: Current portion	525,150	398,246
Long-term portion
January 19, 2022 [Member]
Short-Term Debt [Line Items]
Total loans payable	12,500	12,500
Principal amount	$ 12,500
Maturity date	Jan. 19, 2023
Interest rate	7.00%
March 07, 2022 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 3,000	3,000
Principal amount	$ 3,000
Maturity date	Mar. 07, 2023
Interest rate	7.00%
October 13, 2022 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 12,500	12,500
Principal amount	$ 25,000
Maturity date	Oct. 13, 2023
Interest rate	7.00%
January 31, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 100,000	100,000
Principal amount	$ 100,000
Interest rate	0.00%
Maturity date	Due on demand
February 09, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 10,000	10,000
Principal amount	$ 10,000
Interest rate	0.00%
Maturity date	Due on demand
March 01, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 50,000	50,000
Principal amount	$ 50,000
Interest rate	0.00%
Maturity date	Due on demand
April 05, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 25,000	25,000
Principal amount	$ 25,000
Maturity date	Aug. 03, 2023
Interest rate	15.00%
May 19, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 4,000	4,000
Principal amount	$ 4,000
Interest rate	0.00%
Maturity date	Due on demand
June 20, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 40,000	40,000
Principal amount	$ 40,000
Maturity date	Sep. 18, 2023
Interest rate	12.00%
July 12, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 4,150	4,150
Principal amount	$ 4,150
Interest rate	0.00%
Maturity date	Due on demand
July 17, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 50,000	50,000
Principal amount	$ 50,000
Interest rate	0.00%
Maturity date	Due on demand
October 06, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 10,000	10,000
Principal amount	$ 10,000
Maturity date	Oct. 06, 2024
Interest rate	7.00%
December 06, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 2,000	1,000
Principal amount	$ 1,000
Interest rate	0.00%
Maturity date	Due on demand
December 26, 2023 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 100,000	100,000
Principal amount	$ 100,000
Maturity date	Apr. 18, 2024
Interest rate	0.00%
February 09, 2024 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 1,000
Principal amount	$ 1,000
Interest rate	0.00%
Maturity date	Due on demand
July 17, 2024 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 37,000
Principal amount	$ 37,000
Maturity date	Jan. 15, 2025
Interest rate	5.00%
August 14, 2024 [Member]
Short-Term Debt [Line Items]
Total loans payable	$ 64,000
Principal amount	$ 64,000
Maturity date	Jan. 15, 2025
Interest rate	5.00%

v3.24.3

LOANS PAYABLE (Details Narrative) - USD ($)		9 Months Ended		12 Months Ended
	Dec. 26, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Short-Term Debt [Line Items]
Cash		$ 64,655		$ 41,870
Debt discount		130,506		18,070
Borrowings		103,000	$ 283,150
Debt default long term debt amount		525,150		398,246
Interest expense debt		6,207	10,789
Amortization of debt discount		23,904
Loans payable		525,150		422,150
Amortization of debt discount		189,713	3,500
Loans Payable [Member]
Short-Term Debt [Line Items]
Borrowings		103,000	$ 283,150
Loans payable		525,150		422,150
Interest expense		20,291		14,085
Amortization of debt discount		0		23,904
Six And Five Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Debt default long term debt amount		$ 193,000		$ 93,000
Promissory Note Agreement [Member]
Short-Term Debt [Line Items]
Principal amount	$ 100,000
Cash	$ 75,000
Maturity date	Apr. 18, 2024
Debt discount	$ 25,000

v3.24.3

SCHEDULE OF CONVERTIBLE NOTES PAYABLE (Details) - USD ($)		9 Months Ended
	Apr. 04, 2024	Sep. 30, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Total carrying amount		$ 453,979	$ 163,900
Less: Unamortized debt discount		(130,506)	(18,070)
Total convertible notes payable		323,473	145,830
Less: Current portion		323,473	145,830
Long-term portion
Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Issuance date		Sep. 30, 2019
Convertible notes payable	$ 100,000	$ 30,000
Maturity date	Oct. 03, 2024	Sep. 30, 2021
Interest rate	10.00%	8.00%
Total carrying amount		$ 30,000	30,000
Less: Unamortized debt discount	$ (10,679)
Convertible Notes Payable One [Member]
Short-Term Debt [Line Items]
Issuance date		Jan. 29, 2020
Convertible notes payable		$ 10,000
Maturity date		Jan. 29, 2021
Interest rate		8.00%
Total carrying amount		$ 10,000	10,000
Convertible Notes Payable Two [Member]
Short-Term Debt [Line Items]
Issuance date		Feb. 26, 2020
Convertible notes payable		$ 10,000
Maturity date		Feb. 26, 2021
Interest rate		8.00%
Total carrying amount		$ 10,000	10,000
Convertible Notes Payable Three [Member]
Short-Term Debt [Line Items]
Issuance date		Mar. 06, 2020
Convertible notes payable		$ 7,500
Maturity date		Mar. 06, 2021
Interest rate		8.00%
Total carrying amount		$ 7,500	7,500
Convertible Notes Payable Four [Member]
Short-Term Debt [Line Items]
Issuance date		Mar. 05, 2020
Convertible notes payable		$ 3,700
Maturity date		Mar. 05, 2021
Interest rate		8.00%
Total carrying amount		$ 5,900	5,900
Convertible Notes Payable Five [Member]
Short-Term Debt [Line Items]
Issuance date		Mar. 09, 2020
Convertible notes payable		$ 1,200
Maturity date		Mar. 09, 2021
Interest rate		8.00%
Total carrying amount		$ 1,200	1,200
Convertible Notes Payable Six [Member]
Short-Term Debt [Line Items]
Issuance date		Mar. 26, 2020
Convertible notes payable		$ 60,000
Maturity date		Mar. 26, 2021
Interest rate		10.00%
Total carrying amount		$ 60,000	60,000
Convertible Notes Payable Seven [Member]
Short-Term Debt [Line Items]
Issuance date		Mar. 05, 2021
Convertible notes payable		$ 11,300
Maturity date		Mar. 05, 2022
Interest rate		8.00%
Total carrying amount		$ 11,300	11,300
Convertible Notes Payable Eight [Member]
Short-Term Debt [Line Items]
Issuance date		Jul. 11, 2023
Convertible notes payable		$ 11,000
Maturity date		Jul. 11, 2024
Interest rate		7.00%
Total carrying amount		$ 11,000	11,000
Convertible Notes Payable Nine [Member]
Short-Term Debt [Line Items]
Issuance date		Aug. 22, 2023
Convertible notes payable		$ 10,000
Maturity date		Aug. 22, 2024
Interest rate		7.00%
Total carrying amount		$ 10,000	10,000
Convertible Notes Payable Ten [Member]
Short-Term Debt [Line Items]
Issuance date		Nov. 01, 2023
Convertible notes payable		$ 7,000
Maturity date		Oct. 31, 2024
Interest rate		7.00%
Total carrying amount		$ 7,000	7,000
Convertible Notes Payable Eleven [Member]
Short-Term Debt [Line Items]
Issuance date		Apr. 04, 2024
Convertible notes payable		$ 28,600
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 28,600
Convertible Notes Payable Twelve [Member]
Short-Term Debt [Line Items]
Issuance date		Apr. 23, 2024
Convertible notes payable		$ 5,000
Maturity date		Apr. 23, 2025
Interest rate		10.00%
Total carrying amount		$ 5,000
Convertible Notes Payable Thirteen [Member]
Short-Term Debt [Line Items]
Issuance date		May 07, 2024
Convertible notes payable		$ 14,111
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 14,111
Convertible Notes Payable Fourteen [Member]
Short-Term Debt [Line Items]
Issuance date		May 08, 2024
Convertible notes payable		$ 25,000
Maturity date		May 08, 2025
Interest rate		10.00%
Total carrying amount		$ 25,000
Convertible Notes Payable Fifteen [Member]
Short-Term Debt [Line Items]
Issuance date		May 08, 2024
Convertible notes payable		$ 25,000
Maturity date		May 08, 2025
Interest rate		20.00%
Total carrying amount		$ 25,000
Convertible Notes Payable Sixteen [Member]
Short-Term Debt [Line Items]
Issuance date		May 17, 2024
Convertible notes payable		$ 5,556
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 5,556
Convertible Notes Payable Seventeen [Member]
Short-Term Debt [Line Items]
Issuance date		May 31, 2024
Convertible notes payable		$ 3,333
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 3,333
Convertible Notes Payable Eighteen [Member]
Short-Term Debt [Line Items]
Issuance date		Jun. 05, 2024
Convertible notes payable		$ 25,000
Maturity date		Jun. 01, 2025
Interest rate		10.00%
Total carrying amount		$ 25,000
Convertible Notes Payable Nineteen [Member]
Short-Term Debt [Line Items]
Issuance date		Jun. 06, 2024
Convertible notes payable		$ 25,000
Maturity date		Jun. 06, 2025
Interest rate		10.00%
Total carrying amount		$ 25,000
Convertible Notes Payable Twenty [Member]
Short-Term Debt [Line Items]
Issuance date		Jun. 07, 2024
Convertible notes payable		$ 2,500
Maturity date		Jun. 01, 2025
Interest rate		10.00%
Total carrying amount		$ 2,500
Convertible Notes Payable Twenty One [Member]
Short-Term Debt [Line Items]
Issuance date		Jun. 10, 2024
Convertible notes payable		$ 5,000
Maturity date		Jun. 01, 2025
Interest rate		10.00%
Total carrying amount		$ 5,000
Convertible Notes Payable Twenty Two [Member]
Short-Term Debt [Line Items]
Issuance date		Jun. 11, 2024
Convertible notes payable		$ 5,000
Maturity date		Jun. 01, 2025
Interest rate		10.00%
Total carrying amount		$ 5,000
Convertible Notes Payable Twenty Three [Member]
Short-Term Debt [Line Items]
Issuance date		Jun. 17, 2024
Convertible notes payable		$ 2,500
Maturity date		Jun. 01, 2025
Interest rate		10.00%
Total carrying amount		$ 2,500
Convertible Notes Payable Twenty Four [Member]
Short-Term Debt [Line Items]
Issuance date		Jun. 27, 2024
Convertible notes payable		$ 700
Maturity date		Jun. 27, 2025
Interest rate		10.00%
Total carrying amount		$ 700
Convertible Notes Payable Twenty Five [Member]
Short-Term Debt [Line Items]
Issuance date		Jul. 02, 2024
Convertible notes payable		$ 6,667
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 6,667
Convertible Notes Payable Twenty Six [Member]
Short-Term Debt [Line Items]
Issuance date		Jul. 29, 2024
Convertible notes payable		$ 6,667
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 6,667
Convertible Notes Payable Twenty Seven [Member]
Short-Term Debt [Line Items]
Issuance date		Aug. 09, 2024
Convertible notes payable		$ 16,667
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 16,667
Convertible Notes Payable Twenty Eight [Member]
Short-Term Debt [Line Items]
Issuance date		Aug. 14, 2024
Convertible notes payable		$ 27,778
Maturity date		Oct. 03, 2024
Interest rate		10.00%
Total carrying amount		$ 27,778
Convertible Notes Payable Twenty Nine [Member]
Short-Term Debt [Line Items]
Issuance date		Jul. 02, 2024
Convertible notes payable		$ 6,000
Maturity date		Jun. 01, 2025
Interest rate		10.00%
Total carrying amount		$ 6,000
Convertible Notes Payable Thirty [Member]
Short-Term Debt [Line Items]
Issuance date		Jul. 03, 2024
Convertible notes payable		$ 4,000
Maturity date		Jun. 01, 2025
Interest rate		10.00%
Total carrying amount		$ 4,000
Convertible Notes Payable Thirty One [Member]
Short-Term Debt [Line Items]
Issuance date		Jul. 17, 2024
Convertible notes payable		$ 25,000
Maturity date		Jul. 17, 2025
Interest rate		10.00%
Total carrying amount		$ 25,000
Convertible Notes Payable Thirty Two [Member]
Short-Term Debt [Line Items]
Issuance date		Aug. 22, 2024
Convertible notes payable		$ 25,000
Maturity date		Aug. 19, 2025
Interest rate		10.00%
Total carrying amount		$ 25,000

v3.24.3

CONVERTIBLE NOTES PAYABLE (Details Narrative)		9 Months Ended		12 Months Ended
	Apr. 04, 2024 USD ($) d	Sep. 30, 2024 USD ($) d $ / shares	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) d
Issuance of convertible notes		$ 290,079	$ 21,000
Trading days | d		10		10
Derivative debt discount				$ 28,000
Day 1 loss on derivative		$ 48,249	1,406	2,935
Initial consideration obtained		279,400	21,000
Original issue discount value		130,506		18,070
Interest and debt expense		19,988	9,275
Amortization debt discount		189,713	3,500
Convertible notes payable		453,979		163,900
Accrued interest		$ 86,613		$ 60,669
Two Investors [Member]
Interest rate				7.00%
Debt, conversion ratio				25
Convertible promissory note				$ 28,000
Convertible Notes Payable [Member]
Interest rate	10.00%	8.00%
Conversion price | $ / shares		$ 0.50
Debt, conversion ratio	55
Convertible promissory note	$ 100,000	$ 30,000
Trading days | d	20
Original issue discount percentage	10.00%	10.00%
Maturity date	Oct. 03, 2024	Sep. 30, 2021
Initial consideration obtained		$ 98,700
Original issue discount value	$ 10,679
Amortization debt discount		165,809	$ 3,500
Convertible notes payable		30,000		30,000
Unamortized debt discount		130,506		18,070
Accrued interest		66,322		46,335
Initial Convertible Notes Payable [Member]
Convertible promissory note		109,379
Seven (7) Convertible Notes Payable [Member]
Convertible promissory note		$ 180,700
Six Convertible Notes Payable [Member]
Interest rate term		12 months
Ten (10) and Eight (8) Convertible Notes Payable [Member]
Debt default long term debt amount		$ 156,900		$ 135,000
Minimum [Member] | Convertible Notes Payable [Member]
Interest rate term		5 months
Interest rate		7.00%
Debt, conversion ratio		25
Minimum [Member] | Seven (7) Convertible Notes Payable [Member]
Interest rate		10.00%
Debt, conversion ratio		25
Maximum [Member] | Convertible Notes Payable [Member]
Interest rate term		1 year
Interest rate		10.00%
Debt, conversion ratio		45
Maximum [Member] | Seven (7) Convertible Notes Payable [Member]
Interest rate		20.00%
Debt, conversion ratio		45

v3.24.3

SCHEDULE OF ESTIMATED FAIR VALUES OF THE LIABILITIES MEASURED ON A RECURRING BASIS (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Measurement Input, Expected Dividend Rate [Member]
Derivative liability measurement input
Minimum [Member]
Term	3 days	7 months 6 days
Minimum [Member] | Measurement Input, Price Volatility [Member]
Derivative liability measurement input	0	262
Minimum [Member] | Measurement Input, Risk Free Interest Rate [Member]
Derivative liability measurement input	3.98	4.79
Maximum [Member]
Term	1 year	1 year
Maximum [Member] | Measurement Input, Price Volatility [Member]
Derivative liability measurement input	304	365
Maximum [Member] | Measurement Input, Risk Free Interest Rate [Member]
Derivative liability measurement input	5.39	5.46

v3.24.3

SCHEDULE OF CHANGES IN THE DERIVATIVE LIABILITIES (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Platform Operator, Crypto Asset [Line Items]
Balance - December 31, 2023	$ 32,241
Addition of new derivatives recognized as debt discounts	23,904
Addition of new derivatives recognized as loss on derivatives	48,249	$ 1,406	$ 2,935
Balance - September 30, 2024	276,286		32,241
Fair Value, Inputs, Level 3 [Member]
Platform Operator, Crypto Asset [Line Items]
Balance - December 31, 2023	32,241
Addition of new derivatives recognized as debt discounts	267,566
Addition of new derivatives recognized as loss on derivatives	48,249
Gain on change in fair value of the derivative	(71,770)
Balance - September 30, 2024	$ 276,286		$ 32,241

v3.24.3

SCHEDULE OF AGGREGATE LOSS ON DERIVATIVES (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Derivative Liabilities
Day one loss due to derivative liabilities on convertible note			$ 48,249	$ 1,406	$ 2,935
Loss (gain) on change in fair value of the derivative liabilities			(71,770)	7,091
Total	$ (48,200)	$ 8,497	$ (23,521)	$ 8,497

v3.24.3

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)		9 Months Ended
	Mar. 27, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Oct. 31, 2022	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized		100,000,000		100,000,000
Preferred stock, par value		$ 0.001		$ 0.001
Preferred stock, shares authorized		10,000,000		10,000,000
Common stock issued for compensation management, shares			25,000
Common stock issued for compensation management			$ 37,500
Common stock, shares outstanding		94,579,434		88,579,434
Preferred stock, shares issued		0		0
Preferred stock, shares outstanding		0		0
Consulting Agreements [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issuance shares of restricted common stock	6,000,000	6,000,000
Restricted stock market value		$ 2,280,000
Series A Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Preferred shares issued upon conversion						1,000,000
Series B Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Preferred shares issued upon conversion		1,000,000
Share price		$ 20
Series C Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Preferred stock, par value					$ 0.001
Preferred shares issued upon conversion					1,000,000
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized		110,000,000

v3.24.3

COMMITMENTS (Details Narrative) - USD ($)		3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 15, 2022	Sep. 30, 2023	Sep. 30, 2024	Dec. 31, 2023	Sep. 28, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Stock issued during period, value, issued		$ 25,000
Series B Convertible Preferred Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock issued for cash, shares			500,000
Share Exchange Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Percentage of issued and outstanding shares of capital stock					100.00%
Share Exchange Agreement [Member] | Series B Convertible Preferred Stock [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Stock issued	500,000				1,000,000
Share Exchange Agreement [Member] | Series B Convertible Preferred Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Stock issued during period, value, issued	$ 2,500,000
Share Exchange Agreement [Member] | Series B Convertible Preferred Stock [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock issued for cash, shares	500,000
Mutual Venture Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Contract with customer, asset owned			$ 100,000	$ 100,000

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