v3.25.1
Incentive Stock Plan (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]    
Schedule of Option Activity Under Stock Plan

The following table presents the Company’s options as of March 31, 2025:

 

   Number of Shares  

Weighted Average

Exercise Price

  

Weighted Average

Remaining Life
(in years)

 
Options as of December 31, 2024   144,125   $9.09    7.35 
Issued   15,000   $3.46    10.00 
Forfeited   -   $-    - 
Exercised   (9,000)  $3.65    8.38 
Options as of March 31, 2025   150,125   $8.86    7.32 

The following table presents the Company’s options as of December 31, 2024 and 2023:

 

  

Number of

Shares

  

Weighted

Average

Exercise Price

  

Weighted

Average

Remaining Life

(in

years)

 
Options as of December 31, 2022   167,561   $11.68    8.78 
Issued   78,750   $3.59    10.00 
Forfeited   (30,686)  $9.90    8.78 
Exercised   -   $-    - 
Options as of December 31, 2023   215,625   $8.97    8.37 
Issued   -   $-    - 
Forfeited   (71,500)  $6.03    6.56 
Exercised   -   $-    - 
Options as of December 31, 2024   144,125   $9.09    7.35