Quarterly report [Sections 13 or 15(d)]

Warrant Liability (Tables)

v3.25.1
Warrant Liability (Tables)
3 Months Ended
Mar. 31, 2025
Warrant Liability  
Schedule of Warrant Liability

The warrants outstanding and fair values at each of the respective valuation dates are summarized below:

   

Warrant Liability   Warrants Outstanding     Fair Value per Share     Fair Value  
Fair value as of year ended 12/31/2024     57,777           $ 118  
Change in fair value of warrant liability     -               (90 )
Fair value as of year ended 3/31/2025     57,777             $ 28  
Schedule of Assumptions Used in Warrant Liability

The following assumptions were used to calculate the warrant liability as of March 31, 2025 and 2024, respectively:

    

2025 2024
Exercise price 2.80 to $5.25 $2.80 to $5.25
Share price $ 4.46 $1.99 - $2.73
Volatility 72.11% - 79.26 %   237.08% - 277.25 %
Risk-free interest rate 4.03 % 4.21% - 5.03 %
Dividend yield 0.0 % 0.0 %
Expected term 0.5 to 1.4 years 1.5 to 5.0 years