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STOCKHOLDERS' DEFICIT (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Significant Inputs Used to Estimate Fair Value The table below summarizes the significant inputs used to estimate the fair value of the 5.00% Notes as of March 31, 2024 and December 31, 2023:
March 31, 2024December 31, 2023
Coupon rate5.00 %5.00 %
Term (years)2.73.0
Volatility55.00 %55.00 %
Risk-free rate4.46 %4.02 %
Discount yield25.00 %25.00 %
The table below summarizes the significant inputs used to estimate the fair value of the Schuler Purchase Obligation as of December 31, 2023:
December 31, 2023
Stock price$3.92
Exercise price$7.20
Term (years)0.13
Volatility55.00 %
Risk-free rate5.55 %
Fixed commitment purchase price (in thousands)$10,000
Number of Shares1,387,949
Obligation probability75.00 %
The table below summarizes the significant inputs used to estimate the fair value of the common warrant liability as of March 31, 2024 and January 23, 2024:

March 31, 2024January 23, 2024
Exercise price$1.65 $1.65 
Term (years)4.85.0
Volatility56.20 %55.00 %
Risk-free rate4.23 %4.06 %
Dividend yield0.00 %0.00 %
The table below summarizes the significant inputs used to estimate the fair value of the warrant component of the Forward Contract as of March 31, 2024 and January 19, 2024:
March 31, 2024January 19, 2024
Warrant exercise price$1.73 $1.73 
Warrant term (years)4.74.7
Estimated closing price$1.00 $1.25 
Volatility56.20 %55.00 %
Risk-free rate4.23 %4.06 %
Dividend yield0.00 %0.00 %