Company: JUNS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001261
Chunk: 282

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9C
Chunk 282
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 III 

    March
                                            1, 2023 (Issuance)  
    December
                                            31, 2023  
    December
                                            31, 2024 
  
    Dividend Rate 
     -  
     -  
     - 
  
    Term 
     0.25  
     0.25  
     0.13 
  
    Volatility 
     90% 
     90% 
     90%
  
    Risk-free rate 
     N/A  
     4.70% 
     5.00%
  
    Probability of IPO 
     60% 
     60% 
     60%
  
    Derivative liability, measurement input 
     60% 
     60% 
     60%

    F-17

JUPITER
NEUROSCIENCES, INC.

NOTES
TO FINANCIAL STATEMENTS

December
31, 2024 and 2023

Note
5 – Convertible Debt and Derivative Liability, continued

Derivative
Liability Pursuant to Convertible Debt, continued

A
summary of activity of the derivative liability pertaining to the Notes is presented below:

Schedule
of Derivative Liability

    Derivative Liability 
  
    Balance at December 31, 2022 
    $710,599 
  
    Fair value at issuance March 1, 2023 
     55,604 
  
    Fair value adjustment on date of amendment, net 
     887,946 
  
    Fair value change 
     (148,751)
  
    Balance at December 31, 2023 
    $1,505,398 
  
    Fair value change 
     53,257 
  
    Extinguishment of derivative liability - Note II 
     (1,359,362)
  
    Fair value at issuance on April 29, 2024 - Senior Secured Note 
     407,494 
  
    Repayment of derivative liability 
     (606,787)
  
    Fair value at issuance 
     407,494 
  
    Derivative liability  Balance  
    $606,787 

    Balance at December 31, 2024 
    $-
  
    Derivative liability Balance  
    $- 

Note
6 – Stockholders’ Equity (Deficit)

Common
Stock

The
Company is authorized to