XML 63 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Derivative Liabilities (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair value of the derivative warrant liability
Balance as of January 1, 2020  $0 
Fair value of warrant liability to be issued to third-party upon IPO (note 9a)   62 
Change in fair value   75 
Balance as of December 31, 2021   137 
Issuance of warrants in connection with the IPO   8,220 
Change in fair value   (2,822)
Classification to additional paid in capital   (3,319)
Balance as of December 31, 2022   (2,216)

 

Schedule of fair value of the IPO warrants and additional warrants
    2022 
Expected volatility   77.57%-78.89% 
Exercise price   $2.02-4.04 
Share price   $1.53-1.865 
Risk-free interest rate   3.27%-4.04% 
Dividend yield   - 
Expected life   3-4.74 
WACC   21.5%-23.3%