Number of Shares

Average Exercise Price

Average Remaining Contractual Period in Years

Aggregate Intrinsic Value

Balance at December 31, 2023

—

—

Granted

4,800,000

$

2.78

Exercised

—

—

Forfeited and expired

—

—

Balance at December 31, 2024

4,800,000

$

2.78

9.75

$

1,776

Granted

2,400,000

5.00

Exercised

—

—

Forfeited and expired

—

—

Balance at December 31, 2025

7,200,000

$

3.52

9.08

$

4,248