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Common Stock Warrants (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Fair Value Measurement Inputs and Valuation Techniques
The assumptions used in the Monte Carlo simulation model to estimate the fair value of the Common Stock Warrants are as follows:
March 31,
2024
December 31,
2023
Stock price$5.68 $4.77 
Exercise price$0.01 $0.01 
Risk-free rate5.1 %4.7 %
Volatility68.3 %78.4 %
Weighted average term (years)0.50.5