v3.26.1
Common Stock Warrants (Tables)
12 Months Ended
Dec. 31, 2025
Common Stock Warrants [Abstract]  
Schedule of Classes of Warrants Each warrant is exercisable into 1/75 of a share, but only whole shares of common stock can be issued.
   Exercise price   Expiration date  Number of shares underlying warrants 
Public Warrants  $862.50   7/11/2030   126,500 
Private Placement Warrants  $862.50   7/11/2030   97,966 
Representative’s Warrants  $862.50   7/11/2030   7,590 
HCW Warrants  $0.75   7/11/2030   1,766 
            233,822 
Schedule of Summarizes the Warrant Activity

The following table summarizes the warrant activity for the year ended December 31, 2025:

 

   Number of common stock warrants   Weighted average exercise price  

Average remaining contractual term

(Years)

   Aggregate intrinsic value 
Outstanding January 1, 2025      $         
Assumption of warrants as part of reverse recapitalization   17,404,250    862.50           
Issuance of warrants   1,032,500    0.75           
Exercise of warrants   (900,000)   0.75           
Outstanding December 31, 2025   17,536,750   $855.99    4.50     
Schedule of HCW Warrants

The fair value of the HCW Warrants was estimated using the following assumptions in the Black-Scholes option pricing model:

 

Expected volatility   84.1%
Risk-free interest rate   4.0%
Expected term (in years)   7 
Expected dividend yield   %

The fair value of the ELOC Warrants was estimated using the following assumptions in the Black-Scholes option pricing model:

 

Expected volatility   85.1%
Risk-free interest rate   4.0%
Expected term (in years)   5 
Expected dividend yield   %