Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 450

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 450
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, yield curves, etc.), and inputs
that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs).

Level 3 - Unobservable inputs that reflect our assumptions
about the assumptions that market participants would use in pricing the asset or liability.

The following schedule summarizes the valuation of
financial instruments at fair value on a recurring basis in the balance sheets as of December 31, 2024 and December 31, 2023, respectively:

    F-11

Fair Value Measurements at December 31, 2023

    Schedule of assets and liabilities measured at fair value, recurring basic 

    Level 1  
    Level 2  
    Level 3 
  
    Assets 

    Cash 
    $290,409  
    $-  
    $- 
  
    Intangible assets, net 
    $-  
    $36,183  
    $- 
  
    Total assets 
    $290,409  
    $36,183  
    $- 
  
    Liabilities 

    Notes payable, related parties 
        
    $133,073  

    Notes payable 
    $-  
    $3,661  
    $- 
  
    Total liabilities 
    $-  
    $136,734  
    $- 

Fair Value Measurements at December 31, 2024

    Level 1  
    Level 2  
    Level 3 
  
    Assets 

    Cash 
    $159,355  
    $-  
    $- 
  
    Intangible assets, net 
    $-  
    $33,583  
    $- 
  
    Total assets 
    $159,355  
    $33,583  
    $- 
  
    Liabilities 

    Notes payable, related parties 
        
    $423,328  

    Notes payable 
    $-  
    $-  
    $- 
  
    Total liabilities 
    $-  
    $423,328  
    $- 

The fair values of our related party debts are deemed
to approximate book value and are considered Level 2 inputs as defined by ASC Topic 820-10-35.

There were no transfers of financial assets or liabilities
between Level 1, Level 2 and Level 3 inputs for the year ended December 31