v3.25.4
2024 Warrants (Tables)
12 Months Ended
Dec. 31, 2025
Warrants and Rights Note Disclosure [Abstract]  
Summary of Quantitative Information Regarding Assumptions

The following table provides quantitative information regarding assumptions used in the valuation model to determine the fair value of the 2024 Warrants:

 

 

December 31, 2025

 

 

December 31, 2024

 

Stock price

 

$

4.26

 

 

$

12.27

 

Term (in years)

 

 

4.3

 

 

 

5.3

 

Expected volatility

 

 

107.0

%

 

 

84.9

%

Risk-free rate

 

 

3.7

%

 

 

4.4

%

Dividend yield

 

 

0.0

%

 

 

0.0

%