Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

v3.24.1.1.u2
FAIR VALUE (Tables)
3 Months Ended
Mar. 31, 2024
FAIR VALUE  
Schedule of modified option pricing assumptions

    

December 31

    

March 31

Volatility

82.0-83.0

%

84.0-85.0

%

Risk-free interest rate

 

3.80-5.40

%

4.26

%

Expected life (years)

 

0.3-4.7

1.0-4.4

Dividend

 

0

%

0

%

Schedule of changes in the fair market value of the warrants

    

Level 3

December 31, 2023, warrant fair value

$

3,700,000

Loss from change in Tranche A warrant fair value

4,800,000

Settlement of Tranche A warrants to equity

(4,800,000)

Loss from change in Tranche B warrant fair value

 

5,100,000

March 31, 2024, warrant fair value

$

8,800,000