v3.26.1
Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Restricted Stock Grants

The following table summarizes the status and activity of the Company’s restricted stock grants at December 31, 2025 and 2024, and the changes during the years then ended:

 

   Year Ended December 31, 
   2025   2024 
       Weighted       Weighted 
       Average       Average 
       Grant Date       Grant Date 
   Number of   Fair Value   Number of   Fair Value 
Restricted Stock Grants  Shares   Per Share   Shares   Per Share 
Outstanding at beginning of year  666  $6.00   5,800  $8.89 
Restrictions lifted during the year  (666)  6.00   (4,600)  9.21 
Forfeited during the year        (534)  9.75 
Outstanding at end of year    $   666  $6.00 

The following table summarizes the status and activity of the Company’s RSUs at December 31, 2025 and 2024, and the changes during the years then ended:

 

   Year Ended December 31, 
   2025   2024 
       Weighted       Weighted 
       Average       Average 
       Grant Date       Grant Date 
   Number of   Fair Value   Number of   Fair Value 
Restricted Stock Units  Shares   Per Share   Shares   Per Share 
Outstanding at beginning of year  1,070,079  $2.36   272,409  $13.09 
Granted during the year  1,500,000   0.18   1,200,000   0.41 
Restrictions listed during the year  (100,000)  0.39       
Shares issued during the year        (373,493)  3.08 
Forfeited during the year        (28,837)  19.47 
Outstanding at end of year  2,470,079  $1.12   1,070,079  $2.36 
Schedule of Common Stock Warrants Outstanding

The following table summarizes the status and activity of the Company’s common stock warrants at December 31, 2025 and 2024, and the changes during the years then ended:

 

   Year Ended December 31, 
   2025   2024 
       Weighted       Weighted 
   Number of   Average   Number of   Average 
   Underlying   Exercise Price   Underlying   Exercise Price 
Common Stock Warrants  Shares   Per Share   Shares   Share 
Outstanding at beginning of year  10,819,742  $1.14   11,308,314  $1.09 
Expired during the year  (3,392,155)  1.61   (488,572)  0.0001 
Outstanding at end of year  7,427,587  $0.93   10,819,742  $1.14 

Warrants outstanding as of December 31, 2025 are as follows:

 

   Number of   Exercise   Expiration
Common Stock Warrants  Warrants   Price   Date
June 2023 Warrants  1,427,587  $1.90  December 26, 2028
November 2023 Series A Warrants  6,000,000  $0.70  November 6, 2028
   7,427,587