v3.26.1
Warrant Liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Warrant Liabilities [Abstract]
Schedule of Fair Value of the Warrants
The following are the assumptions used in calculating fair value of the Warrants:
December 31,
December 31,
2025
2024
Trading price of common stock on measurement date
$
0.69
$
0.78
Exercise price
$
1.50
$
1.50
Risk free interest rate
3.95 – 4.03
%
4.45
%
Warrant life in years
8.06 – 9.20
9.06
Expected volatility
88.0
%
88.0
%
Expected dividend yield
—
—
Probability of an event causing a warrant re-price
70.0
%
25.0
%
Estimated date of event causing a warrant re-price
May 2026
January 2029
X
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