Annual report pursuant to Section 13 and 15(d)

Shareholders' Equity / (Deficit) (Tables)

v3.25.0.1
Shareholders' Equity / (Deficit) (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Summary of Assumptions Used to Determine Fair Value of Warrants The following assumptions were used in the Black-Scholes option pricing model:

 

 

August 9, 2024

 

 

 

1-year warrants

 

 

5-year warrants

 

Volatility

 

 

109

%

 

 

109

%

Expected term in years

 

 

1.00

 

 

 

5.00

 

Dividend rate

 

 

0

%

 

 

0

%

Risk-free interest rate

 

 

4.50

%

 

 

3.80

%

Share price

 

$

1.18

 

 

$

1.18

 

Strike price

 

$

1.21

 

 

$

1.21

 

Fair value of warrants issued

 

$

0.50

 

 

$

0.94