v3.26.1
Stockholders’ Equity (Tables)
3 Months Ended
Jun. 30, 2026
Stockholders’ Equity [Abstract]  
Schedule of Fair Value of the Warrant, Using the Black-Scholes Model

The fair value of the warrant, using the Black-Scholes Model on the date of issuance was $274,472. The key inputs into the Black-Scholes Model variables were as follows at measurement date:

 

    June 7,  
    2024  
Stock price   $ 400.00  
Risk-free interest rate     4.46 %
Volatility     56.52 %
Exercise price   $ 400.00  
Dividend yield   $  

The fair value of the 2025 Warrant, using the Black-Scholes Model on the date of issuance was $21,296,598. The key inputs into the Black-Scholes Model variables were as follows at measurement date:

 

    June 4,  
    2025  
Stock price   $ 55.5  
Risk-free interest rate     3.93 %
Volatility     53.92 %
Exercise price   $ 29.13  
Dividend yield   $  
Expected term (in years)     5.0  
Fair value per warrant   $ 37.24  
Number of warrants issued     571,912  
Total fair value of 2025 Warrants   $ 21,296,598  
Schedule of Representative’s Warrants

The following table summarizes the Company’s activities and status of the Representative’s Warrants and 2025 Warrants:

 

                Weighted
 
          Weighted
    Average
 
          Average
    Remaining
 
    Number of
    Exercise
    Term
 
    Warrant     Price     (Years)  
Outstanding as of March 31, 2026     1,294     $ 400.00       3.2  
Issued                    
Exercised                    
Forfeited or expired                    
Outstanding as of June 30, 2026     1,294     $ 400.00       3.0