v3.25.2
EQUITY INCENTIVE PLAN (Tables)
3 Months Ended
Mar. 31, 2025
Equity Incentive Plan  
SCHEDULE OF SHARE OPTIONS OUTSTANDING

The following table summarizes the share options outstanding for the three months ended March 31, 2025:

 

   Share Options Outstanding   Weighted Average Exercise Price   Weighted Average Grant Date Fair Value   Weighted Average Remaining Contractual Term (years)   Aggregate Intrinsic Value 
                     
BALANCE, DECEMBER 31, 2024   614,704   $0.80   $10.88    8.87   $7,322,656 
                          
Canceled/Expired   (1,503)   0.76    11.26    -    - 
                          
BALANCE, MARCH 31, 2025   613,201   $0.80   $10.87    8.63   $7,482,524 
                          
EXERCISABLE, MARCH 31, 2025   183,896   $0.80   $10.85    8.62   $2,242,965 
SCHEDULE OF NONVESTED SHARE OPTION

The following table summarizes the nonvested share options for the three months ended March 31, 2025:

 

   Nonvested
Share Options
   Weighted Average Exercise Price   Weighted Average Grant Date Fair Value   Weighted Average Remaining Contractual Term (years)   Aggregate Intrinsic Value 
                     
BALANCE, DECEMBER 31, 2024   452,875   $0.80   $10.89    8.88   $5,396,007 
                          
Vested   (22,410)   0.79    10.93    8.66    273,582 
Canceled/Expired   (1,160)   0.76    11.36    -    - 
                          
BALANCE, MARCH 31, 2025   429,305   $0.80   $10.88    8.18   $5,239,559