Quarterly report pursuant to Section 13 or 15(d)

Warrant Liability (Tables)

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Warrant Liability (Tables)
6 Months Ended
Jun. 30, 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 12/31/2023     71,019             $ 146  
Fair value at initial measurement date     27,725     $ 2.01       56  
Change in fair value of warrant liability     -               (26 )
Fair value as of year ended 6/30/2024     98,744             $ 176  
Schedule of Assumptions Used in Warrant Liability

The following assumptions were used to calculate the warrant liability for six months ended June 30, 2024 and 2023:

 

    2024     2023  
Exercise price   $ 2.80 to $5.25     $ 0.49 - $5.25  
Share price     $1.99 - $2.73     $ 1.28  
Volatility     113.39% - 283.32 %     137.02 - 287.87 %
Risk-free interest rate     4.21% - 5.09 %     3.81 % - 4.74 %
Dividend yield     0.0 %     0.0 %
Expected term     1.2 to 5.0 years       0.1 to 3.4 years