XML 34 R23.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2024
Stockholders Equity [Abstract]  
Schedule of Warrants to Purchase Common Stock The following table sets forth activity with respect to the Company’s warrants to purchase common stock for the six months ended June 30, 2024:
   Number of
Shares
   Weighted
Average
Exercise
Price
  

Weighted-
Average
Remaining

Contractual
Term (Years)

 
Outstanding, at January 1,   1,843   $117.84    3.4 
Grants of warrants:   
 
    
 
      
Common   3,333,334   $1.35      
Pre-funded   729,633   $0.00001      
Exercised (1)   (729,633)  $0.00001      
Forfeited   
    
      
Outstanding and Exercisable, at June 30,   3,335,177   $1.41    3.1 
(1)A portion of the pre-funded warrants were exercised on a cashless basis, resulting in 2 shares being forfeited.
Schedule of the Valuation Assumptions for Warrants Issued For the six months ended June 30, 2024, the valuation assumptions for warrants issued were estimated on the measurement date using the Black-Scholes option-pricing model with the following weighted-average assumptions:
Expected term (years)   3.25 
Risk-free interest rate   4.79%
Expected volatility   138.49%
Expected dividend yield   
%