v3.26.1
WARRANTS (Tables)
12 Months Ended
Dec. 31, 2025
WARRANTS  
Schedule of warrants exercisable for common shares

 

 

 Number of 

Warrants

 

 

 Weighted- Average Exercise Price

 

Balances as of December 31, 2023

 

 

559,471

 

 

$0.0002

 

Granted

 

 

174,500

 

 

 

0.0002

 

Redeemed

 

 

-

 

 

 

-

 

Exercised

 

 

(20,441)

 

 

0.0002

 

Forfeited

 

 

-

 

 

 

-

 

Balances as of December 31, 2024

 

 

713,530

 

 

$0.0002

 

Granted

 

 

1,000,444

 

 

 

0.0001

 

Adjusted

 

 

570,000

 

 

 

0.0001

 

Redeemed

 

 

-

 

 

 

-

 

Exercised

 

 

(103,750)

 

 

0.0001

 

Forfeited

 

 

-

 

 

 

-

 

Balances as of December 31, 2025

 

 

2,180,224

 

 

$0.0002

 

Schedule of weighted-average assumptions

 

 

Year Ended

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

Exercise price

 

$1

 

 

$1 - $2

 

Expected term

 

5 years

 

 

5 years

 

Expected average volatility

 

398% - 417%

 

 

344% - 372%

 

Expected dividend yield

 

 

-

 

 

 

-

 

Risk-free interest rate

 

3.72% - 4.08%

 

 

3.43% - 4.47%

 

Schedule of outstanding and exercisable warrants

Warrants Outstanding

Warrants Exercisable

Weighted Average

Number

Remaining Contractual

Weighted Average

Number

Weighted Average

of Shares

life (in years)

 

Exercise Price

of Shares

 

Exercise Price

2,180,224

2.41

$

1

-

$

-