XML 43 R23.htm IDEA: XBRL DOCUMENT v3.23.1
Derivative Liability (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Liability  
Schedule of Derivative Liabilities Assumptions

The derivative liabilities were valued using a Binomial pricing model with the following average assumptions:

 

  

December 31,

2022

  

December 31,

2021

 
Risk-free interest rate   4.22%   1.26%
Expected volatility   109%   129%
Expected life (in years)   2.6 years    3.6 years 
Expected dividend yield   -    - 
           
Fair value of warrants (in thousands)  $19   $138 
Schedule of Derivative Liability Transactions

 

  

December 31,

2022
(in thousands)

  

December 31,

2021
(in thousands)

 
Beginning Balance  $138   $384 
Addition   -    - 
Extinguishment   -    (35)
Change in fair value   (119)   (211)
Ending Balance  $19   $138