v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Stockholders’ Equity [Abstract]  
Warrants Valuation Assumptions
The common stock was valued at $3,770,001, based on the Company’s stock price. The pre-funded warrants and common warrants were valued at $4,230,000 and $5,324,301, respectively, using the following Black-Scholes’ assumptions:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pre-
funded
warrants
 
 
Common
warrants
 
 
Underwriter
warrants
 
Expected term (in years)
 
 
4
 
 
 
4
 
 
 
4
 
Risk‑free interest rate
 
 
3.64
%
 
 
3.64
%
 
 
3.64
%
Dividend yield
 
 
%
 
 
%
 
 
%
Expected volatility
 
 
90.63
%
 
 
90.63
%
 
 
90.63
%
Exercise price
 
$
0.002
 
 
 
$7.20 - $10.31
 
 
$
9.00
 
Stock price
 
$
7.20
 
 
 
$7.20 - $10.31
 
 
$
7.20
 
Black-Scholes value
 
$
7.20
 
 
 
$4.80 - 5.40
 
 
$
4.40