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

Feb-2023

Warrant Liability Activity

Warrants

December 31, 2024

2,529

Warrant liability revaluation gain (loss)

(2,211)

Effects of foreign exchange rate changes

6

March 31, 2025

324

Schedule Of Warrant Liabilities

The duration of the outstanding warrants as of March 31, 2025 is presented in the following table:

Feb-2023

Warrant Liability Duration

Warrants

Current portion of warrant liability

-

Long-term warrant liability

324

324

Schedule of fair value of warrant

The fair value of the warrant liabilities on March 31, 2025, was determined using the Black-Scholes model with the following assumptions:

Feb-2023

Warrant Liability Assumptions

Warrants

Expected forfeiture rate

—%

Expected life (years)

0.9

Expected volatility rate

56.7%

Risk free rate

2.4%

Expected dividend rate

—%

Exercise price

$ 1.50

Market price

$ 0.67