Basis of Presentation and Summary of Significant Accounting Policies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Net Liabilities Acquired | The net liabilities of Armada are recorded at their acquisition-date fair value in the Consolidated Financial Statements as follows:
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Summary of List of Subsidiaries | A list of subsidiaries and Rezolve AI plc’s holding as of December 31, 2024 and 2023 is as follows:
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Summary of Estimated Useful Life of Property Plant and Equipment | The useful lives estimated by the management are as follows:
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Summary of Initial Useful Life of Computer Assets | The initial useful lives of computer software assets as estimated by management are summarized as follows:
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Summary of Fair Value Measurement at Reporting Date | Fair value measurement at reporting date:
(1) The fair value of the share-based payment liability was valued using a discounted cash flow method using a risk adjusted discount rate of 10.8%. See note 7.5. (2)
The derivative asset and the derivative liability were valued by a third party valuation expert using a Geometric Brownian Motion based Monte Carlo simulation to project the underlying metric value to ultimately determine the fair value upon the date of issuance. This model incorporates the most recent data available including risk-free interest rate, expected life of options, expected dividend yield, expected stock price volatility, and the Company's share price. The derivative is revalued at the end of each reporting period and any change in fair value is recorded as a gain or loss in the statement of operations. See note 2.12. |
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Summary of Vendors Representing More Than 10% of Accounts Payable | At December 31, 2024 and 2023, the following vendors represented more than 10% of total accounts payable.
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Summary of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following table presents the potential shares of ordinary shares outstanding that were excluded from the computation of diluted net loss per share of ordinary shares as of the periods presented because including them would have been antidilutive:
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