CAPITAL STOCK (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Equity [Abstract] |
|
| SCHEDULE OF COMMON STOCK SHARES ISSUED TO OFFICERS AND DIRECTORS |
Included
as part of the issuances was the issuance of the following shares of common stock to officers and directors of the Company:
SCHEDULE OF COMMON STOCK SHARES ISSUED TO OFFICERS AND DIRECTORS
| Recipient |
|
Position
With Company |
|
Shares |
|
| Jacob
D. Cohen |
|
Chief
Executive Officer and Chairman |
|
|
200,000 |
|
| Antonios
Isaac |
|
President
and Director |
|
|
60,000 |
|
| Kenny
Myers |
|
Director |
|
|
25,000 |
|
| Alex
Hamilton |
|
Director |
|
|
25,000 |
|
| Lorraine
D’Alessio |
|
Director |
|
|
25,000 |
|
Included
as part of the issuances was the issuance of the following shares of common stock to officers and directors of the Company:
| Recipient |
|
Position
With Company |
|
Shares |
|
| Jacob
D. Cohen |
|
Chief
Executive Officer and Chairman |
|
|
500,000 |
|
| Eugene
Johnston |
|
Chief
Financial Officer |
|
|
100,000 |
|
| Kenny
Myers |
|
Director |
|
|
100,000 |
|
| Alex
Hamilton |
|
Director |
|
|
100,000 |
|
| Lorraine
D’Alessio |
|
Director |
|
|
100,000 |
|
|
| SCHEDULE OF STOCK OPTION ACTIVITY |
The
following table summarizes common stock option activity:
SCHEDULE OF STOCK OPTION ACTIVITY
| | |
Options | | |
Weighted
Average Exercise
Price | |
| Outstanding, December 31, 2023 | |
| 176,666 | | |
$ | 10.98 | |
| | |
| | | |
| | |
| Granted | |
| 13,333 | | |
$ | 5.55 | |
| Exercised | |
| - | | |
| - | |
| Expired / Forfeited | |
| (33,333 | ) | |
| 16.50 | |
| Outstanding, December 31, 2024 | |
| 156,666 | | |
$ | 9.34 | |
| | |
| | | |
| | |
| Granted | |
| 2,000,000 | | |
$ | 2.30 | |
| Exercised | |
| - | | |
| - | |
| Expired / Forfeited | |
| - | | |
| - | |
| Outstanding, December 31, 2025 | |
| 2,156,666 | | |
$ | 2.81 | |
| Exercisable, December 31, 2025 | |
| 655,277 | | |
$ | 3.95 | |
|
| SCHEDULE OF OPTIONS OUTSTANDING AND EXERCISABLE |
The
weighted average exercise prices, remaining lives for options granted, and exercisable as of December 31, 2025 were as follows:
SCHEDULE OF OPTIONS OUTSTANDING AND EXERCISABLE
| | | |
Outstanding
Options | | |
| | |
| | |
Exercisable
Options | |
Options Exercise Price
Per Share | | |
Shares | | |
Life (Years) | | |
Weighted Average Exercise Price | | |
Shares | | |
Weighted Average Exercise Price | |
| $ | 16.50 | | |
| 60,000 | | |
| 2.61 | | |
$ | 16.50 | | |
| 58,611 | | |
$ | 16.50 | |
| $ | 4.80 | | |
| 83,333 | | |
| 2.99 | | |
$ | 4.80 | | |
| 83,333 | | |
$ | 4.80 | |
| $ | 5.55 | | |
| 13,333 | | |
| 1.53 | | |
$ | 5.55 | | |
| 13,333 | | |
$ | 5.55 | |
| $ | 2.30 | | |
| 2,000,000 | | |
| .97 | | |
$ | 2.30 | | |
| 500,000 | | |
$ | 2.30 | |
|
| SCHEDULE OF OPTIONS FAIR VALUE ASSUMPTIONS |
SCHEDULE OF OPTIONS FAIR VALUE ASSUMPTIONS
| Fair
Value of common stock on measurement date |
|
$ |
30.47
– 4.31 |
|
| Risk
free interest rate |
|
|
4.13%
- 4.10 |
% |
| Volatility |
|
|
136.49%
- 125.78 |
% |
| Dividend
Yield |
|
|
0 |
% |
| Expected
Term |
|
|
5.75
- 3.0 |
|
|
| SCHEDULE OF COMMON STOCK WARRANT ACTIVITY |
The
following table summarizes common stock warrants activity:
SCHEDULE OF COMMON STOCK WARRANT ACTIVITY
| | |
Warrants | | |
Weighted Average Exercise
Price Per
Share | |
| Outstanding, December 31, 2023 | |
| 89,533 | | |
$ | 16.95 | |
| | |
| | | |
| | |
| Granted | |
| 850,800 | | |
$ | 5.75 | |
| Exercised | |
| - | | |
| - | |
| Expired | |
| - | | |
| - | |
| Cancelled | |
| - | | |
| - | |
| Outstanding, December 31, 2024 | |
| 940,333 | | |
$ | 5.08 | |
| | |
| | | |
| | |
| Granted | |
| 3,413,211 | | |
$ | 1.47 | |
| Exercised | |
| 1,425,143 | | |
$ | 1.26 | |
| Expired | |
| - | | |
| - | |
| Cancelled | |
| - | | |
| - | |
| Outstanding, December 31, 2025 | |
| 2,928,401 | | |
$ | 1.98 | |
| Exercisable, December 31, 2025 | |
| 2,928,401 | | |
$ | 1.98 | |
|
| SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE |
The
weighted average exercise prices, remaining lives for warrants granted, and exercisable as of December 31, 2025, were as follows:
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE
| | | |
Outstanding
and Vested Warrants | |
Weighted
Average Warrant Exercise
Price Per
Share | | |
Shares | | |
Life
(Years) | |
| $ | 1.98 | | |
| 2,928,401 | | |
| 5.22 | |
|
| SCHEDULE OF WARRANTS FAIR VALUE ASSUMPTIONS |
SCHEDULE OF WARRANTS FAIR VALUE ASSUMPTIONS
| Fair
Value of common stock on measurement date |
|
$ |
10.90
- $0.50 |
|
| Risk
free interest rate |
|
|
From
4.59% to 3.42 |
% |
| Volatility |
|
|
From
238.00% to 106.62 |
% |
| Dividend
Yield |
|
|
0 |
% |
| Expected
Term |
|
|
3
- 5 years |
|
|