Quarterly report [Sections 13 or 15(d)]

Warrant Liability (Tables)

v3.25.2
Warrant Liability (Tables)
6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
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 12/31/2024     57,777     $ 2.05     $ 118  
Change in fair value of warrant liability     -       -       (104 )
Fair value as of 6/30/2025     57,777     $ 0.25     $ 14  
Schedule of Assumptions Used in Warrant Liability

The following assumptions were used to calculate the warrant liability as of June 30, 2025 and 2024, respectively:

    

    2025     2024  
Exercise price     2.80 to $5.25       2.80 to $5.25  
Share price   $ 2.58-2.98       $1.99 - $2.73  
Volatility     67.98% - 79.26 %     113.39% - 283.32 %
Risk-free interest rate     4.034.41 %     4.21% - 5.09 %
Dividend yield     0.0 %     0.0 %
Expected term     0.3 to 1.4 years       1.2 to 5.0 years