v3.25.2
Warrants (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Warrants [Line Items]    
Schedule of Black-Scholes Option-Pricing Model  

Predecessor estimated the fair value of the Predecessor Series A Preferred Stock Warrants at December 31, 2023, using Black-Scholes with the following assumptions:

 

   December 31, 
   2023 
   (Predecessor) 
Risk-free interest rate   5.40%
Expected life (in years)   0.25 
Expected dividend yield   -%
Expected volatility   65.90%
Schedule of Outstanding Warrants

A summary of outstanding warrants as of March 31, 2025 is as follows:

 

   Number of
Warrants		   Weighted
Average
Exercise
Price		   Weighted
Average
Remaining
Contractual Life
(in years)		 
Public and Private Placement Warrants   4,596   $23,000.00    3.88 
February 2024 Series A Common Warrants   306    2,780.00    2.37 
September 2024 Series C Common Warrants   4,088    0.80    2.96 
December 2024 Common Warrants   4,203    112.20    3.23 
January 2025 Common Warrants   8,193    116.40    3.27 
February 2025 Pre-funded Warrants   21,337    0.002    
-
 
February 2025 Common Warrants   127,551    39.20    4.86 
Outstanding as of March 31, 2025   170,274   $663.60    4.06 

A summary of outstanding warrants as of December 31, 2024 is as follows:

 

   Number of
Warrants		   Weighted
Average
Exercise
Price		   Weighted
Average
Remaining
Contractual Life
(in years)		 
Public Warrants   4,596   $23,000.00    4.13 
February 2024 Series A Common Warrants   306    2,780.00    2.62 
Series A Preferred Warrants   625    800.00    0.12 
September 2024 Series C Common Warrants   4,088    196.00    3.23 
December 2024 Common Warrants   4,203    112.20    3.48 
Outstanding as of December 31, 2024   13,818   $8,192.20    3.60 
Schedule of Incremental Fair Value Assumptions   In calculating the incremental fair value om April 30, 2024, the Company used the following assumptions: risk-free interest rate
Risk-free interest rate   4.72%
Expected life (in years)   4.80 
Expected dividend yield   0%
Expected volatility   90%
Series C Common Warrants [Member]    
Warrants [Line Items]    
Schedule of Black-Scholes Option-Pricing Model The fair value of the Series C Common Warrants immediately prior to and immediately after the exercise price adjustment, were estimated using the Black-Scholes option-pricing model with the following assumptions:
   February 5, 2025
Exercise price  $0.80 to $196.00
Term (years)  3.0
Expected stock price volatility  109.17%
Risk-free rate of interest  4.19%