Company: SINT
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021930
Chunk: 12

Company: Sintx Technologies, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 12
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    Change in fair value 
     (3,459)
  
    Other 
     14 
  
    Balance as of September 30, 2024 
    $224 

    Balance as of December 31, 2024 
    $208 
  
    Issuance of derivatives 
     495 
  
    Change in fair value 
     167 
  
    Balance as of September 30, 2025 
    $870 

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 September 30, 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 September 30,
2025, and December 31, 2024 were as follows:

 Schedule of Assumptions Used in
Estimating Fair Value

    September 30, 
2025   
    December 31, 
2024  
  
    Weighted-average risk-free interest rate 
     3.57-3.69% 
     4.12-4.35%
  
    Weighted-average expected life (in years) 
     0.05-4.75  
     0.10-4.09 
  
    Expected dividend yield 
     -% 
     -%
  
    Weighted-average expected volatility 
     135.00-170.00% 
     140.00-210.00%

Other
Financial Instruments

The
Company’s recorded values of cash and cash equivalents, account and other receivables, accounts payable and accrued liabilities
approximate their fair values based on their short-term nature. The recorded value of notes payable approximates the fair value as the
interest rate approximates market interest rates.

7.
Accrued and Other Current Liabilities

Accrued
liabilities consisted of the following (in thousands):

 Schedule
of Accrued and Other Current Liabilities

    September 30, 
2025  
    December 31, 
2024 
  
    Payroll and related expense 
    $494  
    $400 
  
    Accrued payables