v3.25.2
Fair Value Measurements (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Fair Value Measurements    
Summary of assets and liabilities that are measured at fair value on a recurring basis

Description

    

Level

    

March 31, 2025

    

December 31, 2024

Liabilities

Warrant liabilities

 

3

$

$

16,241,092

Derivative liabilities

 

3

$

$

8,327,602

Earn-out liability

3

$

30,000

$

Description

    

Level

    

December 31, 2024

    

December 31, 2023

Liabilities

Warrant liabilities

 

3

$

16,241,092

$

22,024,165

Derivative liabilities

 

3

$

8,327,602

$

922,834

Summary of change in fair value of the Company's Level 3 warrant liabilities  

For the Year Ended

For the Year Ended

Warrant liabilities

    

December 31, 2024

    

December 31, 2023

Fair Value - beginning of period

 

$

22,024,165

 

$

5,652,553

Addition

Change in fair value

(5,783,073)

16,371,612

Fair Value - end of period

 

$

16,241,092

 

$

22,024,165

Summary of change in fair value of the Company's Level 3 derivative liabilities

Three months ended

Derivative liabilities

    

March 31, 2025

Fair value - beginning of period

$

8,327,602

Issuance

 

Option exercised

(8,327,602)

Change in fair value

 

Fair value - end of period

$

For the Year Ended

For the Year Ended

Derivative liabilities

    

December 31, 2024

    

December 31, 2023

Fair Value - beginning of period

$

922,834

$

1,572,078

Addition

 

7,853,000

 

Change in fair value

 

(448,232)

 

(649,244)

Fair Value - end of period

$

8,327,602

$

922,834