v3.25.1
Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
STOCK BASED COMPENSATION  
Schedule of Inputs Utilized in Calculating Fair Value

The inputs utilized in calculating the fair are as follows:

 

Year Ended

 

December 31,
2024

 

 

December 31,
2023

 

Annual volatility rate

 

 

127.93

%

 

 

 

Risk free rate

 

 

4.36

%

 

 

 

Expected life at issuance

 

 

5.0

 

 

 

 

Fair Value of stock options

 

$

1.15

 

 

 

 

The inputs utilized in calculating the fair value are as follows:

 

Year Ended

 

December 31,
2024

 

 

December 31,
2023

 

Annual volatility rate

 

 

105.55

%

 

 

 

Risk free rate

 

 

4.42

%

 

 

 

Expected life at issuance

 

5.0

 

 

 

 

Fair Value of stock options

 

$

1.38