v3.26.3
Share Capital and Other Reserves (Tables)
6 Months Ended
Jun. 30, 2026
Share Capital and Other Reserves [Abstract]  
Schedule of Fair Value of the Warrant

During the six months ended June 30, 2026 and 2025, the assumptions used in determining the fair values of the warrant issues to Revere were as follows:

 

    June 30,     June 30,  
    2026     2025  
Expected term in years     1.58 years       2.6 years  
Risk free interest rate     4.14 %     3.68 %
Annual expected volatility     181.4 %     137.0 %
Dividend yield     0.00 %     0.00 %
Schedule of Warrants

The following table presents a roll-forward of the Company’s warrants from January 1, 2026 to June 30, 2026:

 

    Boustead
Series A
Warrants
    2025 Private
Placements - Class B Warrants
    PIPE
Common
Class B
Warrants
    PIPE
Pre-Funded
Class B
Warrants
 
Warrants outstanding, January 1, 2026     7,070       1,070       6,666,647       516,115  
Exercise of warrants     -       -       -       (516,115 )
Adjustments     (7,070 )     -       -       -  
Warrants outstanding, June 30, 2026     -       1,070       6,666,647       -  

 

    Strategic
Advisors
Pre-Funded
Class B
Warrants
    Strategic
Advisors
Class B
Common
Warrants 1
 
Warrants outstanding, January 1, 2026     333,331       166,663  
Exercise of warrants     -       -  
Adjustments     -       -  
Warrants outstanding, June 30, 2026     333,331       166,663  
Schedule of Activity Related to the Warrants

Activity related to the warrants are as follows:

 

    Series A Shares     Class B Shares  
Outstanding, December 31, 2025     7,070       7,684,876  
Adjustments during the period     (7,070 )     -  
Exercised during the period     -       (516,115 )
Outstanding, June 30, 2026     -       7,168,761