v3.26.1
Stock Options (Tables)
12 Months Ended
Dec. 31, 2025
Stock Options [Abstract]  
Schedule of Weighted-Average Assumptions Used to Estimate the Fair Values of the Stock Options Granted

The following table presents the weighted-average assumptions used to estimate the fair values of the stock options granted by the Company during the years ended December 31, 2025 and 2024:

 

    2025     2024  
             
Risk Free Interest Rate     3.9 %     4.7 %
Expected Volatility     81.8 %     60.9 %
Expected Life (in years)     4.5       2.0  
Dividend Yield     0 %     0 %
Weighted average estimated fair value of options during the year   $ 0.23     $ 0.37  
Schedule of Stock Options

The following table summarizes the activities for the Company’s stock options for the years ended December 31, 2025 and 2024:

 

    Options Outstanding  
                      Weighted -          
                      Average          
                      Remaining       Aggregate  
              Weighted-       Contractual       Intrinsic  
      Number of       Average       Term       Value  
      Shares       Exercise Price       (in years)       (in 000's) (1)  
Balance, December 31, 2023     14,320,000     $ 0.90       1.5     $ 8,416  
                                 
Granted     611,150       1.03       1.5     $ -  
Exercised     -       -       -       -  
Expired/Cancelled     (797,500 )     0.94       -       -  
                                 
Balance, December 31, 2024     14,133,650     $ 0.90       0.8     $ 2,232  
                                 
Granted     2,315,000       0.37       4.1       -  
Exercised     -       -       -       -  
Expired/Cancelled     (4,952,125 )     0.88       -       -  
                                 
Balance, December 31, 2025     11,496,525     $ 0.80       1.9     $ 93  
                                 
Exercisable at December 31, 2025     11,496,525     $ 0.80       1.9     $ 93  
                                 
Exercisable at December 31, 2025 and expected to vest thereafter     11,496,525     $ 0.80       1.9     $ 93