Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.23.3
DEBT (Tables)
 9 Months Ended
Sep. 30, 2023
DEBT  
Schedule of fair value of Warrants

Fair value of common stock

 

 $ 18.66

 

Expected term (in years)

 

 

 3

 

Risk-free interest rate

 

 

 3.73 %

Dividend yield

 

 

 -

 

Volatility

 

 

 99.89 %
Schedule of Components of balance sheet information

 

 

Quarter Ended September 30, 2023

 

Short Term Loan

 

 $ 1,000,000

 

Less: Unamortized debt discount

 

 

 4,882

 

Carrying value of Term Loan

 

 $ 995,118