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Warrants
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Scienture Inc [Member]    
Warrants

Note 11 Warrants

 

As of June 30, 2024, there were 509,014 warrants outstanding and exercisable with an exercise price of $0.01 per share. The warrants were granted in connection with the NVK debt (Refer - Note 6 - Long-Term Convertible Debt, net of debt discount).

 

 

Note 11 Warrants

 

As of December 31, 2023, there were 509,014 warrants outstanding and exercisable with an exercise price of $0.01 per share. The warrants were granted in connection with the NVK debt (Refer - Note 6 - Long-Term Convertible Debt, net of debt discount).

 

The following table summarizes the assumptions used to estimate the fair value of the outstanding warrants during the years ended December 31, 2023, and 2022:

 

 Summary of Assumptions Used to Estimate Fair Value of Warrants

   December 31, 
   2023   2022 
Expected dividend yield   0%   - 
Weighted-average expected volatility   70.52%   - 
Weighted-average risk-free interest rate   4.50%   - 
Expected life of warrants   5 years    -