Quarterly report pursuant to Section 13 or 15(d)

Common Stock Warrant Liabilities (Tables)

v3.23.3
Common Stock Warrant Liabilities (Tables)
9 Months Ended
Sep. 30, 2023
Common Stock Warrant Liabilities  
Summary of common stock warrant liabilities

Common Stock

Warrant

    

Liabilities

Common Stock Warrant liabilities at December 31, 2022

    

$

11,170

Change in fair value of Common Stock Warrant liabilities

(9,179)

Common Stock Warrant liabilities at September 30, 2023

$

1,991

Summary of the weighted average (in aggregate) significant unobservable inputs used in measuring the warrant liability that are categorized within Level 3 of the fair value hierarchy

    

September 30,

    

December 31,

 

Series A Warrants

2023

2022

 

Exercise price

$

4.08

$

4.08

Volatility

 

91.4

%  

 

89.4

%

Expected life

 

4.2

 

5.0

Risk-free rate

 

4.6

%  

 

4.0

%

Dividend yield

 

 

    

September 30,

    

December 31,

 

Series B Warrants

2023

2022

 

Exercise price

$

4.08

$

4.08

Volatility

 

102.8

%  

 

82.4

%

Expected life

 

0.7

 

1.5

Risk-free rate

 

5.5

%  

 

4.7

%

Dividend yield

 

 

    

September 30,

    

December 31,

 

Placement Agent Warrants

2023

2022

 

Exercise price

$

5.41

$

5.41

Volatility

 

91.4

%  

 

89.4

%

Expected life

 

4.2

 

5.0

Risk-free rate

 

4.6

%  

 

4.0

%

Dividend yield