v3.25.4
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
DISCLOSURE OF SHARE-BASED COMPENSATION ARRANGEMENTS BY SHARE-BASED PAYMENT AWARD

The following table summarizes the RSU and restricted stock transactions related to the common and Preferred Stock under the A&R Plan for the years ended December 31, 2025 and 2024:

 

   Common Stock  

Series A

Preferred Stock

  

Series B

Preferred Stock

 
             
Outstanding and unvested shares at January 1, 2025   242,500           -    19,199 
Granted   125,000    -    - 
Vested   (206,100)   -    - 
Forfeited   -    -    - 
Outstanding and unvested shares at December 31, 2025   161,400    -    19,199 
                
Outstanding and unvested shares at January 1, 2024   753,495    -    57,199 
Granted   226,894    -    46,000 
Vested   (513,190)   -    (60,000)
Forfeited   (224,699)   -    (24,000)
Outstanding and unvested shares at December 31, 2024   242,500    -    19,199 
SCHEDULE OF SHARE-BASED COMPENSATION, RESTRICTED STOCK UNITS AWARD ACTIVITY

The following table summarizes the share activity during the years ended December 31, 2025 and 2024 and the amount of common and preferred shares available for grant at December 31, 2025 and 2024:

   Common Stock  

Series A

Preferred Stock

  

Series B

Preferred Stock

 
             
Shares available for grant at January 1, 2025   499,683    33,769    16,000 
RSUs granted   (125,000)   -    - 
RSUs cancelled   -    (33,769)   - 
Shares available for grant at December 31, 2025   374,683    -    16,000 
                
Shares available for grant at January 1, 2024   493,579    33,769    38,000 
RSUs granted   (226,894)   -    (46,000)
RSUs forfeited   232,998    -    24,000 
Shares available for grant at December 31, 2024   499,683    33,769    16,000 
SCHEDULE OF EMPLOYEE SERVICE SHARE-BASED COMPENSATION, ALLOCATION OF RECOGNIZED PERIOD COSTS

    Year Ended December 31, 
    2025    2024 
    ($ in thousands) 
Direct operating costs (benefit)  $-   $(27)
General and administrative   451    72 
Research and development   3    (4)
Selling and marketing   -    74 
Total stock-based compensation expense  $454   $115