v3.26.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2025
Warrants and Rights Note Disclosure [Abstract]  
Summary of Fair Value of Warrants

The fair value of the warrants were measured using the Monte Carlo pricing model. Significant inputs into the model as of August 2, 2023 are as follows:

 

Monte Carlo Assumptions

 

August 2, 2023

 

 

 

 

 

Exercise price

 

$

1.00

 

Warrant expiration date

 

June 30, 2030

 

Stock price

 

$

0.85

 

Interest rate (annual)

 

 

4.21

%

Volatility (annual)

 

 

50.0

%

Remaining term (years)

 

 

6.91

 

Annualized dividend yield

 

 

0

%