Annual report [Section 13 and 15(d), not S-K Item 405]

Warrant Liability (Tables)

v3.25.1
Warrant Liability (Tables)
12 Months Ended
Dec. 31, 2024
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 12/31/2022     265,305             242  
Exercise of warrants     (194,286 )             (144 )
Modification of warrants     -               29  
Change in fair value of warrant liability     -               19  
Fair value as of year ended 12/31/2023     71,019               146  
Exercise of warrants     (13,242 )             (12 )
Change in fair value of warrant liability     -               (16
Fair value as of year ended 12/31/2024     57,777             $ 118  
Schedule of Assumptions Used in Warrant Liability

The following assumptions were used to calculate the warrant liability for years ended December 31, 2024 and 2023:

    

    2024     2023  
Exercise price   $ 2.80 to $5.25     $ 0.49 - $5.25  
Share price   $ 2.16 - $4.46     $ 1.28  
Volatility     92.34% - 283.32 %     137.02% - 287.87 %
Risk-free interest rate     3.66% - 5.09 %     3.81 % - 4.74 %
Dividend yield     0.0 %     0.0 %
Expected term     0.73 to 2.43 years       0.01 to 3.4 years