v3.26.1
Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity  
Summary of warrants outstanding

 

 

Number of Warrants

 

 

Exercise Prices

 

Balance December 31, 2023

 

 

289,294

 

 

$5.60-7.00

 

Exercised

 

 

(289,294)

 

$5.60-7.00

 

Balance December 31, 2024 and 2025

 

 

-

 

 

$-

 

Summary of stock option activity

Fair value

 

$1,901,360

 

Options issued

 

 

400,000

 

Exercise price

 

$11.50

 

Expected term (in years)

 

 

3.0

 

Risk-free rate

 

 

4.34%

Volatility

 

 

64.2%

 

 

Number of Options

 

 

Weighted

Average

Exercise Prices

 

Balance December 31, 2023

 

 

477,449

 

 

$5.47

 

Exercised

 

 

(376,590)

 

$5.53

 

Forfeited

 

 

(23,859)

 

$5.51

 

Balance December 31, 2024

 

 

77,000

 

 

$5.17

 

Granted

 

 

400,000

 

 

$11.50

 

Exercised

 

 

(144,625)

 

$8.26

 

Expired

 

 

(3,000)

 

$5.25

 

Balance December 31, 2025

 

 

329,375

 

 

$11.50