v3.26.1
Warrant Liability (Tables)
6 Months Ended
Jun. 30, 2026
Warrants and Rights Note Disclosure [Abstract]  
Schedule of Assumptions Used to Determine the Fair Value of the Warrant

The assumptions that the Company used to determine the fair value of the Warrant are as follows:

 

 

 

March 2,

 

 

December 31,

 

 

2026

 

 

2025

 

Expected term (years)

 

 

0.1

 

 

 

0.9

 

Expected volatility

 

 

73.0

%

 

 

86.8

%

Risk-free interest rate

 

 

3.7

%

 

 

3.6

%

Expected dividend yield

 

 

0.0

%

 

 

0.0

%

Fair value of Series A convertible preferred stock per share

 

$

11.44

 

 

$

9.29