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Warrant Liability (Tables)
 9 Months Ended
Sep. 30, 2022
Warrant Liability  
Schedule of Warrant Liability

The Warrant liability at September 30, 2022 was as follows:

 

       
Note Warrants  $82,352 
Trading and Overallotment Warrants   3,018,750 
Total  $3,101,102 
Schedule of Changes in the Warrant Liability

The following table presents the changes in the Warrant liability of the Level 1 warrants issued on April 14, 2022, the effective date of the IPO measured at fair value:

 

   Total 
     
FMV of Note Warrants, at issuance  $157,647 
      
FMV of Trading and Overallotment Warrants, at issuance   5,778,750 
      
Change in fair value of warrant liability, issuance through September 30, 2022   (2,835,295)
      
Fair Value at September 30, 2022  $3,101,102