Company: TGNT
Filing Date: 2025-05-07
Form Type: S-1/A
Source: 0001477932-25-003416
Chunk: 100

Company: Totaligent, Inc.
Filing Date: 2025-05-07
Form: S-1/A
Chunk 100
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| The financings giving rise to derivative financial instruments |     | Indexed Shares    |            |     | Fair Values |         |
| Embedded derivatives                                           |     |                   | 35,592,281 |     | $           | 158,055 |
| Total                                                          |     |                   | 35,592,281 |     | $           | 158,055 |

|                                                                |     | December 31, 2023 |            |     |             |         |
|:---------------------------------------------------------------|:----|:------------------|-----------:|:----|:------------|--------:|
| The financings giving rise to derivative financial instruments |     | Indexed Shares    |            |     | Fair Values |         |
| Embedded derivatives                                           |     |                   | 45,221,645 |     | $           | 149,182 |
| Total                                                          |     |                   | 45,221,645 |     | $           | 149,182 |

| F-16 |

The following table summarizes the effects on the Company’s gain (loss) associated with changes in the fair values of the derivative financial instruments by type of financing for the years ended December 31, 2024 and 2023:

|                                |     | For the Years Ended 
 December 31, 2024   |        |   |     | December 31, 2023 |        |
|:-------------------------------|:----|:--------------------|:-------|:--|:----|:------------------|-------:|
| Embedded derivatives           |     | $                   | (8,873 | ) |     | $                 | 38,759 |
| Loss on issuance of derivative |     |                     | —      |   |     |                   |      — |
| Total gain (loss)              |     | $                   | (8,873 | ) |     | $                 | 38,759 |

Current accounting principles that are provided in ASC 815 require derivative financial instruments to be classified in liabilities and carried at fair value with changes recorded in income. The Company has selected the Monte Carlo Simulation Model, which approximates the Monte Carlo Simulations, valuation technique to fair value the embedded derivative because it believes that this technique is reflective of all significant assumption types, and ranges of assumption inputs, that market participants would likely consider in transactions involving embedded derivatives. Such assumptions include, among other inputs, interest risk assumptions, credit risk assumptions and redemption behaviors in addition to traditional inputs for option models such as