v3.25.2
EQUITY INCENTIVE PLAN (Tables)
6 Months Ended
Jun. 30, 2025
Equity Incentive Plan  
SCHEDULE OF SHARE OPTIONS OUTSTANDING

The following table summarizes the options outstanding for the six months ended June 30, 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 
                          
Exercised   (1,094)   0.76    10.30    -    - 
Canceled/Expired   (1,503)   0.76    11.26    -    - 
                          
BALANCE, JUNE 30, 2025   612,107   $0.80   $10.88    8.38   $6,661,152 
                          
EXERCISABLE, JUNE 30, 2025   205,213   $0.80   $10.86    8.37   $2,232,276 
SCHEDULE OF NONVESTED SHARE OPTION

The following table summarizes the nonvested share options for the six months ended June 30, 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   (44,821)   0.79    10.93    8.41    488,000 
Canceled/Expired   (1,160)   0.76    11.36    -    - 
                          
BALANCE, JUNE 30, 2025   406,894   $0.80   $10.88    8.38   $4,428,876