XML 80 R45.htm IDEA: XBRL DOCUMENT v3.22.4
STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Equity [Abstract]    
Fair Value Measurement Inputs and Valuation Techniques
The Black-Scholes valuation model was used to estimate the fair value of the warrants with the following weighted-average assumptions:
(Initial Measurement)
May 17,
2022
September 30, 2022
Volatility130.8 %133.3 %
Expected term in years2.52.5
Dividend rate0.0 %0.0 %
Risk-free interest rate2.67 %4.24 %
The Black-Scholes option-pricing model was used to estimate the fair value of the warrants with the following weighted-average assumptions:
Volatility85.0 %
Expected term in years2.5
Dividend rate0.0 %
Risk-free interest rate0.16 %
The Black-Scholes option-pricing model was used to estimate the fair value of the warrants with the following weighted-average assumptions:
Volatility85.0 %
Expected term in years2.5
Dividend rate0.0 %
Risk-free interest rate0.155 %
Schedule of Warrants Outstanding To Purchase Common Stock
As of September 30, 2022, the Company had the following warrants outstanding to purchase common stock.
Number of SharesExercise Price per ShareExpiration Date
112,500$10.00February 12, 2026
1,480,000$0.9382May 17, 2027