Term Debt (Tables)

3 Months Ended

Mar. 31, 2026

Changes in fair value of convertible loan

Schedule of estimated the fair value of the warrants using inputs

The Company estimated the fair value of its Convertible Loan using the following inputs during the year ended December 31, 2025:

	December 31, 2025
Discount rate	18.43%-24.37%
Probabilities of settlement scenarios	0%-100%
Volatility	76.40%-101.30%
Expected term (in years)	0.20-1.00
Risk-free rate	3.63%-4.19%

Outstanding warrants

Changes in fair value of convertible loan

Schedule of estimated the fair value of the warrants using inputs

The Company estimated the increase in the fair value of the warrants associated with the 2026 Debt and Warrant Amendments utilizing the Black-Scholes valuation model with the following assumptions:

	Three Months Ended March 31, 2026
Discount rate	3.53%-3.84%
Expected Volatility	101.61%-119.38%
Expected term (in years)	0.01-5.01
Expected dividend yield	0%