Derivative Financial Instruments (Details) - Schedule of warrant derivative valuations |
12 Months Ended |
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Dec. 31, 2022
$ / shares
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Inception [Member] | |
Derivative Financial Instruments (Details) - Schedule of warrant derivative valuations [Line Items] | |
Common stock price (in Dollars per share) | $ 25.5 |
Expected volatility | 100.00% |
Expected term (years) | 6 years 18 days |
Risk free rate | 3.50% |
Expected dividend yield | 0.00% |
Warrant Derivative Valuations [Member] | |
Derivative Financial Instruments (Details) - Schedule of warrant derivative valuations [Line Items] | |
Common stock price (in Dollars per share) | $ 8.5 |
Expected volatility | 100.00% |
Expected term (years) | 5 years 6 months |
Risk free rate | 4.60% |
Expected dividend yield | 0.00% |
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- References No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The maximum risk-free interest rate assumption that is used in valuing an option on its own shares. No definition available.
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- Definition Period an equity-based award is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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