Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

v3.24.3
FAIR VALUE (Tables)
6 Months Ended
Jun. 30, 2024
FAIR VALUE  
Schedule of modified option pricing assumptions and assumptions used upon issuance

    

June 30,

    

December 31,

2024

2023

Volatility

81.0-85.0

%

82.0-83.0

%

Risk-free interest rate

 

4.41

%

3.80-5.40

%

Expected life (years)

 

0.75-4.19

0.3-4.7

Dividend

 

0

%

0

%

    

June 30, 

    

December 31, 

 

2024

2023

Volatility

77.8

%  

81.1

%

Risk-free interest rate

 

4.33

%  

3.84

%

Expected life (years)

 

3.3

 

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

Change in warrant fair value

1,521,582

Settlement of 2023 Tranche A Warrants to equity

(4,800,000)

Exercise of October 2022 Warrants

 

(1,225,676)

June 30, 2024, fair value of Level 3 liabilities

$

8,627,597