Quarterly report [Sections 13 or 15(d)]

Note 9 - Warrant Liability (Tables)

v3.26.1
Note 9 - Warrant Liability (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
   

As of June 30, 2026

   

As of December 31, 2025

 

Expected life of the options to convert

    3.47       3.97  

Risk-free rate

    4.08 %     3.58 %

Historical volatility

    127.24 %     123.69 %

Valuation date stock price

  $ 2.89     $ 4.80  

Strike price

 

$19.30/$19.20

   

$19.30/$19.20

 

Probability of completing a change in control

    5 %     5 %

Volatility if change in control occurs

    100 %     100 %

Dividend yield

    0 %     0 %
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
   

Warrant liability

 

Fair value as of December 31, 2025

  $ 227  

Change in fair value of warrant liabilities

    (115 )

Fair value as of June 30, 2026

  $ 112