Warrants - Assumptions (Details) - Warrant - $ / shares |
9 Months Ended | ||
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Sep. 30, 2023 |
Jun. 26, 2023 |
Sep. 30, 2023 |
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Class of Warrant or Right [Line Items] | |||
Market Price (in dollars per share) | $ 1.40 | $ 1.40 | |
Exercise Price (in dollars per share) | 2.10 | $ 2.10 | |
Dividend Yield | 0.00% | ||
Volatility | 141.00% | ||
Risk-free Interest Rate | 5.27% | ||
Expected Life of Warrants | 1 year 6 months | ||
Warrants | |||
Class of Warrant or Right [Line Items] | |||
Market Price (in dollars per share) | 1.40 | $ 3.30 | $ 1.40 |
Exercise Price (in dollars per share) | $ 2.50 | $ 2.50 | $ 2.50 |
Dividend Yield | 0.00% | 0.00% | |
Volatility | 93.00% | 110.00% | |
Risk-free Interest Rate | 4.60% | 3.96% | |
Expected Life of Warrants | 5 years | ||
Warrants and rights outstanding term | 5 years |
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- Definition Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Market Price No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award. No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Period between issuance and expiration of outstanding warrant and right embodying unconditional obligation requiring redemption by transferring asset at specified or determinable date or upon event certain to occur, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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