Quarterly report [Sections 13 or 15(d)]

Capped Call Derivative (Tables)

v3.26.1
Capped Call Derivative (Tables)
3 Months Ended
Mar. 31, 2026
Capped Call Derivative  
Schedule of capped call derivative fair value model assumption

Capped Call Derivative Fair Value Model Assumptions

March 31, 2026

December 31, 2025

Expected life (years)

4.8

5.0

Volatility

49.9% - 64.0%

49.8% - 70.4%

Risk free rate

3.9%

3.7%

Expected dividend rate

—%

—%

Exercise prices (capped call floor)

$ 1.73

$ 1.73

Exercise prices (capped call ceiling)

$ 2.72

$ 2.72

Current market price

$ 1.49

$ 1.39