Registration of securities issued in business combination transactions

Summary of Significant Accounting Policies (Tables)

v3.23.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Accounting Policies [Abstract]    
Schedule of Weighted-Average Black-Scholes Assumptions

The Black-Scholes assumptions are as follows:

 

For the Six Months Ended
June 30,

   

2023

 

2022

Expected life

 

N/A

 

6.25 years

Risk free interest rate

 

N/A

 

1.47%

Expected volatility

 

N/A

 

92%

Expected dividend yield

 

N/A

 

N/A

Forfeiture rate

 

N/A

 

N/A

The Black-Scholes assumptions are as follows:
 

For the Years Ended
December 31,

   

2022

 

2021

Expected life

 

6 years

 

6 years

Risk free interest rate

 

1.47 – 3.055%

 

0.90 – 1.38%

Expected volatility

 

91 – 92%

 

91 – 92%

Expected dividend yield

 

0%

 

0%

Schedule of Anti-Dilutive Securities Excluded from Computation of diluted Net Loss Per Share Potentially dilutive securities are excluded from the computation of diluted net loss per share as their inclusion would be anti-dilutive and consist of the following:

 

As of June 30,

   

2023

 

2022

Options

 

250,921

 

325,876

Warrants

 

1,177,315

 

1,182,503

Totals

 

1,428,236

 

1,508,379

Potentially dilutive securities are excluded from the computation of diluted net loss per share as their inclusion would be anti-dilutive and consist of the following:
 

As of December 31,

   

2022

 

2021

Options

 

317,857

 

366,412

Warrants

 

1,178,169

 

1,187,803

Totals

 

1,496,026

 

1,554,215