v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of stock-based compensation pro rata
   
  

At

December 31, 2025

 
Grant date share price   $7.11 - $7.26 
Grant date exercise price   $5.64 - $6.17 
Expected term   0.25 years - 0.5 years 
Expected volatility   69.5% - 105.3% 
Risk-free rate   3.59% - 4.32% 
Expected dividend rate   0%

 

During the offer period, the Company records stock-based compensation pro rata as an expense and a credit to additional paid-in capital. The Company issued 22,568 and 18,983 common shares on the option exercise dates of December 31, 2025 and June 30, 2025, respectively. The following table discloses relevant information for the ESPP for the years ended December 31, 2025 and December 31, 2024, respectively.

     
   For the Year ended
December 31, 2025
 
Cash payment received from employee withholding  $273,462 
Cash from employee withholdings used to purchase shares under ESPP   (254,001)
Accrued employee withholdings at December 31, 2025  $19,461 

 

     
   For the Year ended
December 31, 2025
 
Cash from employee withholding used to purchase ESPP shares  $254,001 
Stock based compensation expense   130,282 
Total increase to equity for year ended December 31, 2025  $384,283 

 

     
   For the Year ended
December 31, 2024
 
Cash from employee withholdings used to purchase ESPP shares  $166,265 
Stock based compensation expense   82,826 
Total increase to equity for year ended December 31, 2024  $249,091 
Schedule of stock-based compensation pro rata
     
   For the Year ended
December 31, 2025
 
Cash payment received from employee withholding  $273,462 
Cash from employee withholdings used to purchase shares under ESPP   (254,001)
Accrued employee withholdings at December 31, 2025  $19,461 

 

     
   For the Year ended
December 31, 2025
 
Cash from employee withholding used to purchase ESPP shares  $254,001 
Stock based compensation expense   130,282 
Total increase to equity for year ended December 31, 2025  $384,283 

 

     
   For the Year ended
December 31, 2024
 
Cash from employee withholdings used to purchase ESPP shares  $166,265 
Stock based compensation expense   82,826 
Total increase to equity for year ended December 31, 2024  $249,091