Quarterly report pursuant to Section 13 or 15(d)

Warrant Liability (Tables)

v3.22.1
Warrant Liability (Tables)
3 Months Ended
Mar. 31, 2022
Warrant Liability  
Schedule of Warrant Assumptions

The Company’s outstanding warrants set forth below were valued using the Monte-Carlo simulation pricing model to calculate the March 31, 2022 fair value of the warrants with the following assumptions:

   

Dividend

Yield

    Expected
Volatility
    Risk-free
Interest Rate
   

Expected

Life

Hudson Bay Warrant; June 4, 2021     0.00 %     128.50 %     2.43 %   3.2 years
Hudson Bay Series A Warrant; September 1, 2021     0.00 %     128.50 %     2.43 %   3.0 years
Palladium Capital Group Series A Warrant; September 1, 2021     0.00 %     128.50 %     2.43 %   3.0 years
Hudson Bay Warrant; November 10, 2021     0.00 %     128.50 %     2.43 %   3.9 years
Palladium Capital Warrant; November 10, 2021     0.00 %     128.50 %     2.43 %   3.9 years
Hudson Bay Warrant; December 20, 2021     0.00 %     128.50 %     2.43 %   3.9 years
Palladium Capital Warrant; December 20, 2021     0.00 %     128.50 %     2.43 %   3.9 years