Quarterly report [Sections 13 or 15(d)]

Stock Warrants and Earnout Shares (Tables)

v3.25.2
Stock Warrants and Earnout Shares (Tables)
6 Months Ended
Jun. 30, 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:
June 30, 2025 December 31, 2024
Expected volatility 78.90  % 74.80  %
Risk-free interest rate 3.90  % 4.46  %
Dividend rate —  % —  %
Expected term (in years) 6.11 6.61
Assumptions used in the valuation of Delta Warrants are as follows:
June 30, 2025 December 31, 2024
Expected volatility 78.90  % 74.80  %
Risk-free interest rate 4.00  % 4.51  %
Dividend rate —  % —  %
Expected term (in years) 7.3 7.8