v3.25.2
Options (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Fair Value of Stock Options

The following table summarizes the assumptions used to estimate the fair value of the stock options granted for the years ended December 31, 2024 and 2023:

 

   2024   2023 
Expected Volatility   -%   35% – 45 % 
Risk Free Interest Rate   -%   2.87% – 4.72 % 
Expected life of options   -    3.05.0   

Schedule of Option Activity

The following table represents option activity for the years ended December 31, 2024 and 2023:

 

  

Number of

Options

  

Weighted

Average

Exercise Price

  

Weighted

Average

Remaining

Contractual

Life in Years

  

Aggregate

Intrinsic

Value

 
Outstanding – December 31, 2022   4,462   $2,000.00    5.25      
Exercisable – December 31, 2022   4,122   $2,000.00    5.28   $- 
Granted   1,894   $29.00           
Forfeited   (25)  $2,000.00           
Vested   4,398    -                    
Outstanding – December 31, 2023   6,331   $1,426.52    3.80      
Exercisable – December 31, 2023   4,398   $1,426.52    4.27   $- 
Granted   -   $-           
Forfeited   1,087   $-           
Expired   

500

  

$

-

           
Vested   4,076    -           
Outstanding – December 31, 2024   4,744   $1,532.26    3.34      
Exercisable – December 31, 2024   4,076   $1,532.26    3.61   $-