Company: SINT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010496
Chunk: 13

Company: Sintx Technologies, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 13
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 as of March 31, 2025 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Derivative liability 

    Common stock warrants 
    $-  
    $-  
    $121  
    $121 

    Fair Value Measurements as of December 31, 2024 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Derivative liability 

    Common stock warrants 
    $-  
    $-  
    $208  
    $208 

    13

The Company did not have any transfers of assets and
liabilities between Level 1 and Level 2 of the fair value measurement hierarchy during the three months ended March 31, 2025, and 2024.
The following table presents a reconciliation of the derivative liabilities measured at fair value on a recurring basis using significant
unobservable inputs (Level 3) during the three months ended March 31, 2025, and 2024 (in thousands):

Schedule of Fair Value Measurement
Hierarchy of Derivative Liability

    Common Stock
 Warrants 
  
    Balance as of December 31, 2023 
    $(304)
  
    Issuance of derivatives 
     (3,366)
  
    Exercise of warrants 
     - 
  
    Change in fair value 
     2,838 
  
    Other 
     (13)
  
    Balance as of March 31, 2024 
    $(845)

    Balance as of December 31, 2024 
    $(208)
  
    Change in fair value 
     87 
  
    Balance as of March 31, 2025 
    $(121)

Common Stock Warrants

The Company has issued certain warrants to purchase
shares of common stock, which are considered derivative liabilities because they have registration rights which could require a cash settlement
and are re-measured to fair value at each reporting period in accordance with accounting guidance. As of March 31, 2025, and December
31, 2024, the derivative liability was calculated using the Monte Carlo Simulation valuation.

The assumptions used in estimating the common stock
warrant liability using the Monte Carlo simulation valuation model as of March 31, 2025, and December 31, 2024 were as follows:

Schedule of Assumptions