v3.26.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2025
Warrants [Line Items]  
Schedule of Initial Fair Value of Warrants Under Black-Scholes-Merton Model

The significant unobservable inputs used in the measurement of fair value of Private Warrant as of December 31, 2024 and 2025 are as follows:

  

   As of
December 31,
2024
   As of
December 31,
2025
 
Expected term (in years)   3.38    2.38 
Volatility   82.07%   67.57%
Risk-free interest rate   4.30%   3.48%
Dividend yield   
-
    
-
 
Schedule of Status of Warrants Outstanding and Exercisable

The table summarizes the status of warrants outstanding and exercisable as of December 31, 2025:

 

   Warrants   Weighted
Average
Exercise
Price
 
Warrants outstanding, as of December 31, 2024   12,431,674   $10.72 
Warrants exercisable, as of December 31, 2024   12,431,674   $10.72 
Issued   
-
    
-
 
Exercised   
-
    
-
 
Expired   
-
    
-
 
Warrants outstanding, as of December 31, 2025   12,431,674   $10.72 
Warrants exercisable, as of December 31, 2025   12,431,674   $10.72 
Warrant [Member]  
Warrants [Line Items]  
Schedule of Initial Fair Value of Warrants Under Black-Scholes-Merton Model

The table summarizes the assumptions of the initial fair value of warrants under Black-Scholes-Merton model:

 

   GEM
Warrants
   Public
Warrants
and
Private
Warrants
   Common
Warrants
   PA
Warrants
 
Expected term (in years)   3    5    5    5 
Volatility   59.84%   59.84%   63.84%   63.84%
Risk-free interest rate   3.94%   3.59%   4.80%   4.80%
Dividend yield   
-
    
-
    
-
    
-