Quarterly report [Sections 13 or 15(d)]

Capped Call Derivative (Tables)

v3.26.1
Capped Call Derivative (Tables)
6 Months Ended
Jun. 30, 2026
Capped Call Derivative  
Schedule of capped call derivative fair value model assumption

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Capped Call Derivative Fair Value Model Assumptions

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June 30, 2026

December 31, 2025

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Expected life (years)

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4.5

5.0

Volatility

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50.9% - 66.2%

49.8% - 70.4%

Risk free rate

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4.1%

3.7%

Expected dividend rate

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—%

—%

Exercise prices (capped call floor)

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$ 1.73

$ 1.73

Exercise prices (capped call ceiling)

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$ 2.72

$ 2.72

Current market price

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$ 1.36

$ 1.39

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