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Warrants (Tables)
 6 Months Ended
Jun. 30, 2025
Warrants  
Schedule of Warrant Activity

Following is a summary of the Company’s warrant activity for the six months ended June 30, 2025:

 

   Number of Shares
Underlying the
Warrants		   Weighted Average
Exercise Price Per
Share		   Weighted Average
Remaining Life
(Years)		 
Outstanding as of December 31, 2024   50,569   $1.07    7.71 
Exercised   (94,967)   -    - 
Issued   18,160,847    2.49    4.94 
Expired   -    -    - 
Outstanding as of June 30, 2025   18,116,449   $2.49    4.91 

 

Following is a summary of the Company’s warrant activity for the six months ended June 30, 2024:

 

   Number of Shares
Underlying the
Warrants		   Weighted Average
Exercise Price Per
Share		   Weighted Average
Remaining Life
(Years)		 
Outstanding as of December 31, 2023   96,502   $41.16    3.58 
Previously issued regular warrants   (60,324)   49.20    - 
Revalued regular warrants   60,324    -    7.35 
Exercised   (35,240)   22.68    - 
Outstanding as of June 30, 2024   61,262   $3.36    7.37 

  
Schedule of Fair Values of warrant Granted Using Black-scholes Valuation Model Assumptions

The fair value of each warrant grant is estimated on the date of grant using the Black Scholes option pricing model with the following assumptions:

 

   June 30, 2025 
Expected volatility   105%
Expected dividends   0%
Expected term (years)   5.00 - 5.01 
Risk-free rate   4.08%
Fair value of Ordinary Shares on grant date  $6.15