v3.26.1
Yorkville Warrant (Tables)
3 Months Ended
Jun. 30, 2026
Yorkville Warrant [Abstract]  
Schedule of Carrying Amount of the Yorkville Warrant

The carrying amount of the Yorkville Warrant was as follows:

 

    June 30,
2026
    March 31,
2026
 
Warrant derivative liability   $ 2,837,274     $        -  

 

Schedule of Change in the Warrant Derivative Liability

The following table presents the change in the warrant derivative liability for the three months ended June 30, 2026:

 

    Amount  
Balance at March 31, 2026   $ -  
Liability recognized in connection with the Merger     2,837,274  
Change in fair value recognized in earnings     -  
Exercises and settlements     -  
Balance at June 30, 2026   $ 2,837,274  

 

Schedule of Significant Input of Level 3 Fair Value Measurements The model incorporated the warrant’s cash and cashless exercise features, the contractual business-combination adjustment and the following significant inputs:

 

Significant valuation input   June 30,
2026
 
Closing market price of common stock   $ 3.52  
Contractual five-day average Nasdaq closing price   $ 1.259  
Adjusted exercise price   $ 1.6367  
Warrant shares after contractual adjustment (approximately)     6,552,820  
Remaining contractual term     2.43 years  
Expected volatility     90.485 %
Risk-free interest rate     4.15 %