v3.26.1
Common Stock Purchase Warrants (Tables)
 6 Months Ended
Jun. 30, 2026
Common Stock Purchase Warrants  
Schedule of Fair Value of the Warrants to Additional Paid in Capital

 

       Percent     
   Fair   of Total   Amount 
   Value   Fair Value   Allocated 
Common Stock  $5,019,388    41.8%  $5,020,598 
Private Placement Warrants   6,991,612    58.2%   6,990,402 
Total  $12,011,000    100.0%  $12,011,000 
Schedule of Warrants and Rights Outstanding

The following table summarizes the Company’s outstanding common stock purchase warrants as of June 30, 2026:

 

           Issuance Date   Issuance Date 
   Number of   Exercise   Fair Value   Fair Value 
   Warrants   Price   per Warrant   Total 
December 2021 Initial Public Offering Warrants   19,965   $1,440.00   $1,144.80   $22,855,932 
December 2021 Placement Agent Warrants   868   $1,800.00   $1,113.48    966,501 
September 2023 Public Offering Series A Warrants   28,855   $13.56   $129.84    3,746,533 
September 2023 Placement Agent Warrants   1,443   $172.80   $127.56    184,069 
February 2024 Public Offering Series A Warrants   135,417   $24.00   $14.04    1,901,255 
February 2024 Placement Agent Warrants   12,500   $30.00   $13.80    172,500 
June 2024 Series C Warrants   354,167   $7.020   $3.24    1,147,501 
June 2024 Series D Warrants   177,083   $7.020   $2.40    424,999 
July 2024 Placement Agent Warrants   21,250   $8.780   $2.23    47,388 
February 2026 Private Placement Warrants   1,869,415   $5.040   $3.74    6,991,612 
Balance- June 30, 2026   2,620,963             $38,438,290