WARRANTS (Tables)

6 Months Ended

Jun. 30, 2024

Warrants Issued with Series A Preferred Stock | 2017 Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

Contractual term (in years)	10.0
Volatility	74.48	%
Risk-free interest rate	3.20	%
Dividend yield	0.00	%

Warrants Issued with Series B Preferred Stock | 2018 Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

Contractual term (in years)	10.0
Volatility	73.22	%
Risk-free interest rate	2.70	%
Dividend yield	0.00	%

Warrants Issued with Series B Preferred Stock | 2019 Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

Contractual term (in years)	10.0
Volatility	73.22	%
Risk-free interest rate	2.70	%
Dividend yield	0.00	%

Common And Pre-Funded Warrants

Warrants

Schedule of warrants outstanding

	Equity Classified		Liability Classified		Total
	Warrants		Warrants		Warrants
Outstanding as of January 1, 2024		31,783,652		19,750,000		51,533,652
Warrants granted and issued		2,000,000		—		2,000,000
Warrants exercised		(4,206,976)		(9,025,000)		(13,231,976)
Outstanding as of June 30, 2024		29,576,676		10,725,000		40,301,676

Common Warrants

Warrants

Schedule of fair value of warrants using the Black Scholes option pricing model

	June 30,		December 31,
	2024		2023
Expected term (in years)	2.4		2.4
Volatility	96.11	%	109.46	%
Risk-free interest rate	4.67	%	4.32	%
Dividend yield	0.00	%	0.00	%