WARRANT LIABILITY |
6 Months Ended | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||
| Warrant Liability | ||||||||||||||||
| WARRANT LIABILITY | NOTE 8 – WARRANT LIABILITY
The May 2025 Warrants do not meet all the equity classification criteria and therefore were determined to be classified as liabilities measured at fair value through earnings. The Company utilized the Black Scholes Model to calculate the value of the May 2025 Warrants.
The aggregate fair value of the May 2025 Warrants as of June 30, 2026, was $131 and was estimated using the Black Scholes Model and using the following assumptions: stock price $, exercise price $20.4, dividend yield 0%; remaining term of 3.88 years; equity volatility of 155.52%; and a risk-free interest rate of 3.92%.
The Company recognized changes in the fair value of the warrant liability of $676 during the six months ended June 30, 2026, as financial income on the consolidated statement of operations.
Changes in the warrant liability balance
Below is the change in the warrant liability balance for the six months ended June 30, 2026:
See Note 12 for assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy.
|