v3.26.3
DERIVATIVE LIABILITIES (Tables)
 9 Months Ended
Sep. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Liabilities at Fair Value
The following table summarizes the change in the Company’s derivative liabilities for the nine months ended September 30, 2026.
Total Derivative Liabilities (1)
Balance as of January 1, 2026$8,607 
Fair value changes(2,886)
Balance as of September 30, 2026$5,721 
(1)Refer to Note 10 - Equity for the change in number of warrants during the nine months ended September 30, 2026.
Schedule of Fair Value Measurement Inputs and Valuation Techniques
The assumptions used in the fair value calculations as of the balance sheet dates presented include the following:
September 30, 2026 (unaudited)December 31, 2025
Stock price per share
$0.50$0.63
Risk-free annual interest rate
4.17% - 4.98%
3.48% - 3.60%
Range of estimated possible exercise price
$1.00 - $2.086
$1.00 - $2.086
Weighted average volatility117%118%
Remaining life
0.2 - 2.8 years
0.9 - 3.6 years
Forfeiture rate
0%0%
Expected annual dividend yield0%0%
For example, the following table illustrates an increase or decrease in certain significant assumptions as of the balance sheet dates:
As of September 30, 2026As of December 31, 2025
(unaudited)
InputEffect of 10% IncreaseEffect of 10% DecreaseInputEffect of 10% IncreaseEffect of 10% Decrease
Stock price per share
$0.50$750 $(735)$0.63$1,075 $(1,057)
Volatility117 %568 (623)118 %713 (792)