Quarterly report pursuant to Section 13 or 15(d)

Note 13 - Derivative Liability (Tables)

v3.24.3
Note 13 - Derivative Liability (Tables)
9 Months Ended
Sep. 30, 2024
Notes Tables  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
    (in thousands)  
   

Three Months Ended

   

Nine Months Ended

 
   

September 30, 2024

   

September 30, 2023

   

September 30, 2024

   

September 30, 2023

 

Balance, Beginning of Period

  $ 1,923     $     $     $  

Issuance of Derivative Liability

                1,793        

Measurement Period Adjustment

    1,687             1,687        

Change in Fair Value of Derivative Liability

    550             680        

Balance, End of Period

  $ 4,160     $     $ 4,160     $  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
   

Issuance Date

   

September 30, 2024

 

Share Price

  $ 0.71     $ 0.42  

Exercise Price

  $ 2.75     $ 2.75  

Expected Life (in Years)

    2.25       1.83  

Annualized Volatility

    88.0 %     107.1 %

Risk-Free Annual Interest Rate

    4.9 %     3.6 %