v3.26.1
Convertible Debt and Promissory Notes- ReShape (Tables)
6 Months Ended
Jun. 30, 2026
Convertible Debt and Promissory Notes- ReShape [Abstract]  
Schedule of Changes in the Fair Value of the Convertible Notes

The Company has elected to record the Promissory Notes and Bridge Notes at fair value. Changes in the fair value of the Convertible Notes for the six months ended June 30, 2025, are summarized as follows:

 

    Six months ended  
    June 30,
2025
 
Balance, beginning of the period   $ 3,589,410  
Additional notes issued     191,253  
Interest accrued     103,045  
Change in fair value     150,673  
Conversion of notes and accrued interest to shares     -  
Total   $ 4,034,381  
Changes in the fair value of the Reshape Notes for the six months ended June 30, 2025, are summarized as follows:
    Six months
ended
 
    June 30,
2025
 
Balance, beginning of the period   $ 0  
Borrowings     600,000  
Change in fair value     (181,184 )
Interest Accrued     5,431  
Total   $ 424,247  
Schedule of Fair Value of the Convertible Notes is Classified within Level 3 of the Fair Value Hierarchy The risk-free rate used in the analysis is based on the yield on a U.S. government zero-coupon bond, interpolated for the period that corresponds to the time to liquidity as at the valuation date, for the six months ended June 30, 2025, as follows:

  

    June 30,
2025
Adjusted Interest rate   4.41 % to 4.45%
     
Time to Financing Date   1-3 months