Annual report [Section 13 and 15(d), not S-K Item 405]

Capitalization (Tables)

v3.25.1
Capitalization (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Fair Value Measurement Inputs and Valuation Techniques
The key Level 3 weighted average inputs into the option pricing model related to the private placement warrants to purchase Class A common stock were as follows:
December 31,
2024 2023
Volatility 91.7  % 75.0  %
Risk-free interest rate 4.4  % 4.0  %
Exercise price $ 0.50  $ 11.50 
Expected term 6.2 years 2.9 years
The key Level 3 inputs into the option pricing model related to the May 2024 Warrants at inception were as follows:
Volatility 95.0  %
Risk-free interest rate 4.5  %
Exercise price $ 0.50 
Expected term 7.0 years
The key Level 3 inputs into the option pricing model related to the VGS 3 Warrants were as follows:
Volatility 91.6  %
Risk-free interest rate 4.2  %
Exercise price $ 0.21 
Expected term 6.8 years