Quarterly report [Sections 13 or 15(d)]

Stock Warrants and Earnout Shares (Tables)

v3.25.1
Stock Warrants and Earnout Shares (Tables)
3 Months Ended
Mar. 31, 2025
Warrants and Rights Note Disclosure [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value of The Total Earnout Shares Liability
Assumptions used in the valuation are as follows:
March 31, 2025 December 31, 2024
Expected volatility 75.50  % 74.80  %
Risk-free interest rate 4.05  % 4.46  %
Dividend rate 0.00  % 0.00  %
Expected term (in years) 6.36 6.61
Assumptions used in the valuation of Delta Warrants are as follows:

March 31, 2025 December 31, 2024
Expected volatility 75.50  % 74.80  %
Risk-free interest rate 4.11  % 4.51  %
Dividend rate —  % —  %
Expected term (in years) 7.5 years 7.8 years