Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

v3.24.3
FAIR VALUE (Tables)
3 Months Ended
Mar. 31, 2024
FAIR VALUE  
Schedule of modified option pricing assumptions and assumptions used upon issuance

    

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

%

    

March 31, 2024

    

December 31, 2023

 

Volatility

 

80.2

%  

83.3

%

Risk-free interest rate

 

4.21

%  

3.84

%

Expected life (years)

 

3.6

 

3.8

Dividend

 

0

%  

0

%

Schedule of changes in the fair market value of the warrants

    

Level 3

Fair value of Level 3 liabilities as of December 31, 2023

$

13,131,691

Settlement of 2023 Tranche A Warrants to equity

(4,800,000)

Change in warrant fair value

13,977,013

Exercise of October 2022 Warrants

 

(1,225,676)

Fair value of Level 3 liabilities as of March 31, 2024

$

21,083,028