v3.26.1
Stockholders' Equity (Deficit) (Tables)
12 Months Ended
Dec. 31, 2025
Class of Stock [Line Items]  
Summary of Warrant Activity

A summary of warrant activity during the year ended December 31, 2025 is as follows:

 

Number of Shares Issuable on Exercise

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Life in Years

 

 

Aggregate Intrinsic Value

 

Outstanding, December 31, 2024

 

154,744

 

 

$

303.30

 

 

 

3.62

 

 

$

36,242

 

Issued

 

590,929

 

 

 

3.36

 

 

 

0.00

 

 

 

 

Exercised

 

(298,000

)

 

 

3.36

 

 

 

0.00

 

 

 

 

Outstanding, December 31, 2025

 

447,673

 

 

$

107.03

 

 

 

3.53

 

 

$

 

Exercisable, December 31, 2025

 

447,673

 

 

$

107.03

 

 

 

3.53

 

 

$

 

Summary of Option Activity

A summary of option activity during the year ended December 31, 2025 is as follows:

 

 

Number of Shares Issuable on Exercise

 

 

Weighted
Average
Exercise
Price

 

 

Weighted
Average
Remaining
Life in
Years

 

 

Aggregate
Intrinsic
Value

 

Outstanding, December 31, 2024

 

 

147,110

 

 

$

36.07

 

 

 

9.36

 

 

$

7,100

 

Expired/Cancelled

 

 

(44,231

)

 

 

26.97

 

 

 

 

 

 

 

Outstanding, December 31, 2025

 

 

102,879

 

 

$

39.98

 

 

 

8.26

 

 

$

 

Vested/Exercisable, December 31, 2025

 

 

45,377

 

 

$

52.52

 

 

 

7.91

 

 

$

 

Employee Stock Option  
Class of Stock [Line Items]  
Schedule of Assumptions used in Black Scholes Pricing Model

The weighted average fair value of options granted during the years ended December 31, 2025 and 2024 was based on a Black-Scholes pricing model using the following assumptions:

 

 

2025

 

2024

Expected volatility

 

70% - 71%

Expected term of option

 

6.0 - 7.0

Range of risk-free interest rate

 

3.9% - 4.6%

Dividend yield

 

 

0%

Warrant [Member]  
Class of Stock [Line Items]  
Schedule of Assumptions used in Black Scholes Pricing Model

The weighted average fair value of the warrants issued during the years ended December 31, 2025 and 2024 was based on a Black-Scholes pricing model using the following assumptions:

 

2025

 

2024

Expected volatility

70% - 75%

 

70.0%

Expected term of warrant

5

 

5

Range of risk-free interest rate

4.0% - 4.4%

 

4.8%

Dividend yield

0%

 

0%