The
Company utilized the following assumptions to estimate the fair value of the Class A Warrants:
Schedule
of Assumptions to Estimate Fair Value of Warrants
| | |
June 30, | |
| | |
2024 | |
| Underlying price per share | |
$ | 35.00 | |
| Exercise price per share | |
$ | 36.30 | |
| Risk-free interest rate | |
| 4.42 | % |
| Expected holding period | |
| 5.5 years | |
| Expected volatility | |
| 110 | % |
| Expected dividend yield | |
| — | |
| Warrants measurement input | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class B Warrants:
| | |
June 30, | |
| | |
2024 | |
| Underlying price per share | |
$ | 35.00 | |
| Exercise price per share | |
$ | 36.30 | |
| Risk-free interest rate | |
| 4.82 | % |
| Expected holding period | |
| 2 years | |
| Expected volatility | |
| 89 | % |
| Expected dividend yield | |
| — | |
| Warrants measurement input | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class C Warrants:
| | |
October 1, | |
| | |
2025 | |
| Underlying price per share | |
$ | 26.00 | |
| Exercise price per share | |
$ | 28.00 | |
| Risk-free interest rate | |
| 3.6 | % |
| Expected holding period | |
| 2 years | |
| Expected volatility | |
| 82 | % |
| Expected dividend yield | |
| — | |
| Warrants measurement input | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class D Warrants:
| | |
October 1, | |
| | |
2025 | |
| Underlying price per share | |
$ | 26.00 | |
| Exercise price per share | |
$ | 28.00 | |
| Risk-free interest rate | |
| 3.5 | % |
| Expected holding period | |
| 5.5 years | |
| Expected volatility | |
| 91 | % |
| Expected dividend yield | |
| — | |
| Warrant measurement input | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class E Warrants:
| | |
December 31, | | |
January 20, | |
| | |
2025 | | |
2026 | |
| Underlying price per share | |
$ | 1.13 | | |
$ | 1.18 | |
| Exercise price per share | |
$ | 1.44 | | |
$ | 1.439 | |
| Risk-free interest rate | |
| 3.7 | % | |
| 3.8 | % |
| Expected holding period | |
| 4.58 years | | |
| 4.52 years | |
| Expected volatility | |
| 106 | % | |
| 107 | % |
| Expected dividend yield | |
| — | | |
| — | |
| Warrant measurement input | |
| — | | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class F Warrants:
| | |
December 31, | | |
January 20, | |
| | |
2025 | | |
2026 | |
| Underlying price per share | |
$ | 1.13 | | |
$ | 1.18 | |
| Exercise price per share | |
$ | 1.44 | | |
$ | 1.439 | |
| Risk-free interest rate | |
| 3.5 | % | |
| 3.5 | % |
| Expected holding period | |
| 1.09 years | | |
| 1.03 years | |
| Expected volatility | |
| 168 | % | |
| 172 | % |
| Expected dividend yield | |
| — | | |
| — | |
| Warrant measurement input | |
| — | | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class G Warrants:
| | |
March 6, | |
| | |
2026 | |
| Underlying price per share | |
$ | 0.694 | |
| Exercise price per share | |
$ | 1.00 | |
| Risk-free interest rate | |
| 3.5 | % |
| Expected holding period | |
| 5 years | |
| Expected volatility | |
| 104 | % |
| Expected dividend yield | |
| — | |
| Warrant measurement input | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class H Warrants:
| | |
May 7, | |
| | |
2026 | |
| Underlying price per share | |
$ | 0.56 | |
| Exercise price per share | |
$ | 0.60 | |
| Risk-free interest rate | |
| 4.04 | % |
| Expected holding period | |
| 5 years | |
| Expected volatility | |
| 109 | % |
| Expected dividend yield | |
| — | |
| Expected dividend yield | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class I Warrants:
| | |
May 20, | |
| | |
2026 | |
| Underlying price per share | |
$ | 0.2531 | |
| Exercise price per share | |
$ | 0.4063 | |
| Risk-free interest rate | |
| 4.22 | % |
| Expected holding period | |
| 5 years | |
| Expected volatility | |
| 115 | % |
| Expected dividend yield | |
| — | |
| Warrant measurement input | |
| — | |
The
Company utilized the following assumptions to estimate the fair value of the Class J Warrants:
| | |
June 10, | |
| | |
2026 | |
| Underlying price per share | |
$ | 0.4376 | |
| Exercise price per share | |
$ | 0.6486 | |
| Risk-free interest rate | |
| 4.27 | % |
| Expected holding period | |
| 5 years | |
| Expected volatility | |
| 125 | % |
| Expected dividend yield | |
| — | |
|