v3.26.1
Share Capital and Other Reserves (Tables)
 12 Months Ended
Dec. 31, 2025
Share Capital and Other Reserves [Abstract]  
Schedule of Fair Value of the Warrant

During the years ended December 31, 2025, 2024 and 2023 the assumptions used in determining the fair value of the warrant issued to Revere were as follows:

 

   December 31,   December 31,   December 31, 
   2025   2024   2023 
Expected term in years   2.08 years    3.08 years    4.08 years 
Risk free interest rate   3.47%   4.27%   3.84%
Annual expected volatility   181.0%   144.0%   124.0%
Dividend yield   0.00%   0.00%   0.00%
   Common Warrants   Pre-Funded Warrants 
Expected term in years   3.0 years    2.0 years 
Risk-free interest rate   3.51%   4.17%
Annual expected volatility   150%   150%
Dividend yield   0.0%   0.0%
  

December 31,

2025

  

December 31,

2024

 
Expected term in years   5.0 years    5.0 years 
Risk-free interest rate   3.96-4.48%    4.45%
Annual expected volatility   100.0%   60%
Dividend yield   0.0%   0.0%

During the year ended December 31, 2025 the assumptions used in the Black Scholes model when determining the fair value of the warrants issued in relation to the strategic advisors agreement were as follows:

 

   Pre-Funded Strategic Advisors Warrants   Common Warrants 1 
Expected term in years   0-2 years    4-5 years 
Risk-free interest rate   3.57%   3.57 to 3.67%
Annual expected volatility   150%   150%
Dividend yield   0.0%   0.0%

During the year ended December 31, 2025, the assumptions used in the Black-Scholes model when determining the fair value of the warrants issued in relation to the PIPE transaction were as follows:

 

   S-1 to S-6 Warrants 
Expected term in years   5.0 years 
Risk-free interest rate   3.62%
Annual expected volatility   150%
Dividend yield   0.0%
Schedule of Activity Related to the Warrants

Activity related to the warrants are as follows:

 

    Series A
Shares		     Series B
Shares		     Class B
Shares		  
Outstanding, December 31, 2022    
-
      
-
       1,054  
Granted during the year    
-
      
-
       1,050  
Outstanding, December 31, 2023    
-
      
-
       2,104  
Granted during the year     3,815      
-
      
-
  
Outstanding, December 31, 2024     3,815      
-
       2,104  
Granted during the year     1,305       1,134       9,532,953  
Exercised during the year     (4,413 )     (1,134 )     (1,850,150 )
Outstanding, December 31, 2025     707      
-
       7,684,907