The
fair value of the warrant liabilities was determined using a Black-Scholes option pricing module. The assumptions used to perform the
calculations are detailed below:
SCHEDULE OF ESTIMATED FAIR VALUE OF WARRANT SHARES ASSUMPTIONS
| Month | |
Expected
volatility
(%) (*) | | |
Risk free
interest
rate | | |
Expected
dividend
yield | | |
Expected
term of
options
(years) | | |
Exercise
price
(US
dollars) | | |
Share
price (US
dollars) | | |
Fair value
(U.S.
dollars) | |
| January,
2025 | |
| 140.61 | % | |
| 4.38 | % | |
| 0.0 | % | |
| 5.5 | | |
$ | 0.24 | | |
$ | 1.07 | | |
$ | 9,651 | |
| March,
2025 | |
| 151.68 | % | |
| 4.09 | % | |
| 0.0 | % | |
| 5.3 | | |
$ | 0.24 | | |
$ | 0.31 | | |
$ | 212 | |
| May,
2025 | |
| 156.95%-159.21 | % | |
| 3.87%-4.17 | % | |
| 0.0 | % | |
| 5.10-5.16 | | |
$ | 0.24 | | |
$ | 0.27-$0.68 | | |
$ | 22-$1,092 | |
| June,
2025 | |
| 157.30%-157.96 | % | |
| 3.79%-
4.04 | % | |
| 0.0 | % | |
| 5.00-5.04 | | |
$ | 0.24 | | |
$ | 0.23-$0.24 | | |
$ | 223-$429 | |
| (*) | | The
expected volatility was based on the historical volatility of the share price of the Company. |
|