v3.26.1
10. STOCK WARRANTS
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
10. STOCK WARRANTS

10.       STOCK WARRANTS

 

The following is a summary of stock warrant activity during the years ended December 31, 2025 and 2024:

 

   Warrants  Weighted average exercise price
Outstanding December 31, 2024    452,000   $0.27 
Granted    62,000   $0.60 
Expired     (325,000)   0.15 
Outstanding December 31, 2025    189,000   $0.57 

 

On February 12, 2025, the Company sold 62,000 units consisting of one share of common stock and one two year warrant exercisable at $0.60.

 

During the year ended December 31, 2025, 325,000 one year warrants with exercise prices between $0.10 and $0.20 expired.