DERIVATIVE LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

SCHEDULE OF FAIR VALUE OF DERIVATIVE LIABILITIES

	March 31, 2024
Common stock issuable upon exercise of warrants	464,385
Market value of common stock on measurement date	$	0.65
Exercise price	$	8.80
Risk free interest rate (1)	4.35		%
Expected life in years	2.75 years
Expected volatility (2)	76.0		%
Expected dividend yields (3)	—		%

	December 31, 2023
Common stock issuable upon exercise of warrants	464,385
Market value of common stock on measurement date	$	1.07
Exercise price	$	8.80
Risk free interest rate (1)	3.93		%
Expected life in years	3 years
Expected volatility (2)	114.0		%
Expected dividend yields (3)	—		%

(1)The risk-free interest rate was determined by management using the applicable Treasury Bill as of the measurement date.

(2)The historical trading volatility was based on historical fluctuations in stock price for Boxlight and certain peer companies.

(3)The Company does not expect to pay a dividend in the foreseeable future.