v3.25.1
Preferred and Common Stock (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Assumptions Used in Black Scholes Model The assumptions used in the Black-Scholes model were as follows:

 

Exercise price

 

$

2.67

 

Fair value of common stock

 

$

2.57

 

Volatility

 

 

81.93

%

Expected term

 

5.5 years

 

Risk-free interest rate

 

 

3.74

%

Schedule of Common Stock Reserved for Future Issuances

The Company has reserved for future issuances the following shares of common stock as of March 31, 2025:

 

 

 

As of March 31, 2025

 

Option to exercise stock warrants

 

 

8,606,303

 

Stock options and restricted stock units

 

 

12,273,767

 

Employee stock purchase plan

 

 

986,500

 

Total

 

 

21,866,570