v3.26.1
Common Stock and Preferred Shares (Tables)
12 Months Ended
Dec. 31, 2025
Common Stock and Preferred Shares [Abstract]  
Schedule of Share Capital
  a. The Company’s share capital is as follows:

 

   December 31, 2025   December 31, 2024 
   Authorized   Issued and
outstanding
   Authorized   Issued and
outstanding
 
Common stock  50,000,000   11,246,252   50,000,000   9,564,351 
Preferred shares  10,000,000   -   10,000,000   - 
Schedule of Black-Scholes Warrant Pricing Model
  2.

On June 20, 2024, the Company issued 122,831 warrants to Automax Motors Ltd. (the “Automax Warrants”) with an exercise price of $12.82 in exchange for services received. The Automax Warrants expire on September 20, 2027. The Automax Warrants were accounted for as stock-based compensation. The fair value of the Automax Warrants was $19, using the Black-Scholes warrant pricing model using the following assumptions:

 

   June 20,
2024
 
Company common stock price  $0.55 
Exercise price  $12.82 
Dividend yield   0%
Risk-free interest rate   4.46%
Expected term (in years)   3.25 
Volatility   125%
   June 8,
2025
 
Company common stock price  $1.67 
Exercise price  $15.00 
Dividend yield   0%
Risk-free interest rate   4.12%
Expected term (in years)   5.00 
Volatility   72%