| Schedule of Warrants Outstanding |
The
following table summarizes the changes in warrants outstanding during the years ended December 31, 2025 and 2024:
| | |
Warrants | | |
Weighted-Average Exercise Price | |
| Outstanding as of December 31, 2023 | |
| 706 | | |
$ | 6,597.35 | |
| Granted | |
| 124,687,552 | | |
| 0.48 | |
| Adjustments(1) | |
| 22,184,090 | | |
| 1.50 | |
| Exercised | |
| (8,233,183 | ) | |
| (1.50 | ) |
| Outstanding as of December 31, 2024 | |
| 138,639,165 | | |
| 0.61 | |
| Adjustments(2) | |
| 999,757,963 | | |
| 0.07 | |
| Exercised/settled | |
| (24,790,152 | ) | |
| (0.05 | ) |
| Outstanding as of December 31, 2025 | |
| 1,113,606,976 | | |
$ | 0.08 | |
| Exercisable as of December 31, 2025 | |
| 1,113,606,955 | | |
$ | 0.07 | |
| (1) | As previously described, as a result of antidilution provisions and share combination events, the exercise prices of certain warrants were decreased with the number of underlying shares proportionally increased by 22,184,090. |
| (2) | As previously described, as a result of the registration reset applicable to the December 2024 series A and B warrants and shareholder approval to the October 2024 series A and B warrants, the exercise prices were decreased with the number of underlying shares proportionally increased by 999,757,963. |
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