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

WARRANTS (Tables)

v3.25.1
WARRANTS (Tables)
12 Months Ended
Dec. 31, 2024
Warrants  
SCHEDULE OF CLASS OF WARRANT

    Number of
warrants issued
    Weighted-average
exercise price
    Number of
warrants exercised
    Number of
warrants outstanding
 
Pre-IPO convertible notes     2,900,904     $       5.31             2,900,904  
IPO tradeable     2,326,835       3.06       (725,580 )     1,601,255  
IPO non-tradeable     3,015,464       3.06       (311,006 )     2,704,458  
Direct offering March 8, 2024     1,600,000       1.64       (1,066,667 )     533,333  
Placement agent direct offering March 8, 2024     32,000       1.64             32,000  
Inducement/direct offering August 5, 2024     1,752,082       1.50             1,752,082  
Placement agent direct offering August 5, 2024     49,862       1.50             49,862  
Direct offering October 21, 2024     2,662,782       1.50             2,662,782  
Placement agent direct offering October 21, 2024     61,448       1.50             61,448  
Balance at December 31, 2024     14,401,377     $ 2.95       (2,103,253 )     12,298,124