Stockholders’ Equity (Deficit) (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Equity [Abstract] |
|
| Schedule of Fair Value of Options Granted Black-Scholes-Merton Model |
The
assumptions used to determine the fair value of options granted in the year ended December 31, 2025 using the Black-Scholes-Merton option
model are as follows:
Schedule
of Fair Value of Options Granted Black-Scholes-Merton Model
| Dividend yield | |
| - | |
| Risk-free interest rate | |
| 3.5%
to 4.4 | % |
| Expected volatility | |
| 93.4%
to 115.5 | % |
| Expected term in years | |
| 5
to 6.5 | |
The
assumptions used to determine the fair value of options granted in the year ended December 31, 2024 using the Black-Scholes-Merton
model are as follows:
| Dividend yield | |
| 0 | % |
| Risk-free interest rate | |
| 3.6%
to 4.2 | % |
| Expected volatility | |
| 100 | % |
| Expected term in years | |
| 6
to 6.5 | |
|
| A summary of the Company’s stock option activities and related information for the year ended December 31, 2025 is as follows: |
A
summary of the Company’s stock option activities and related information for the year ended December 31, 2025 is as follows:
| Stock
Option | |
No.
of Stock Option | | |
Weighted-Average Grant
Date Exercise
Price | | |
Weighted-Average Remaining Contractual
Life (In
Years) | |
| Balance, January 1, 2025 | |
| 105,090 | | |
$ | 98.55 | | |
| 0.65 | |
| Granted | |
| 540,827 | | |
| 3.89 | | |
| 9.5 | |
| Forfeited | |
| (107,299 | ) | |
| - | | |
| - | |
| Cancelled / Forfeited | |
| - | | |
| - | | |
| - | |
| Balance, December
31, 2025 | |
| 538,618 | | |
$ | 11.25 | | |
| 9.3 | |
| Vested and expected
to vest December 31, 2025 | |
| 538,618 | | |
$ | 11.25 | | |
| 9.3 | |
| Stock
Option | |
No.
of Stock Option | | |
Weighted-Average
Grant Date
Exercise Price
| | |
Weighted- Average Remaining Contractual
Life (In
Years) | |
| January 1, 2024 | |
| 114,301 | | |
$ | 108.62 | | |
| 1.65 | |
| Granted | |
| - | | |
| - | | |
| - | |
| Forfeited | |
| - | | |
| - | | |
| - | |
| Cancelled / Forfeited | |
| (9,211 | ) | |
| (76.60 | ) | |
| - | |
| December 31, 2024 | |
| 105,090 | | |
$ | 98.55 | | |
| 0.65 | |
|
| Schedule of Options Outstanding |
The
following options were outstanding as of December 31, 2025, at their respective exercise price:
Schedule of Options Outstanding
| Exercise Price
Options Outstanding | |
December
31, 2025 | |
| $1.27 | |
| 25,000 | |
| $2.22 | |
| 23,781 | |
| $2.40 | |
| 364,893 | |
| $6.40 | |
| 7,326 | |
| $7.80 | |
| 5,731 | |
| $8.00 | |
| 32,700 | |
| $9.68 | |
| 34,884 | |
| $31.20 | |
| 9,978 | |
| $62.54 | |
| 6,825 | |
| $133.40 | |
| 27,500 | |
| Total | |
| 538,618 | |
|
| Schedule of Stock Compensation Expenses |
Stock
compensation expenses is comprised of the following:
Schedule of Stock Compensation Expenses
| |
|
2025 |
|
|
2024 |
|
| |
|
Year
Ended December 31 |
|
| |
|
2025 |
|
|
2024 |
|
| Compensation
and employee benefits |
|
$ |
796,565 |
|
|
$ |
1,575,952 |
|
| Professional
services |
|
|
688,993 |
|
|
|
- |
|
| Total |
|
$ |
1,485,558 |
|
|
$ |
1,575,952 |
|
|
| Schedule of Restricted Stock Units |
A
summary of the Company’s RSU activities and related information for the year ended December 31, 2025 and December 31, 2024 is as
follows:
Schedule of Restricted Stock Units
| Restricted
Stock Units | |
No.
of RSU | | |
Weighted-
Average Grant Date Fair Value Per RSU | | |
Weighted-
Average Remaining Contractual Life (in Years) | |
| January 1, 2025 | |
| 8,583 | | |
$ | 26.20 | | |
| 1.00 | |
| Granted | |
| - | | |
| - | | |
| - | |
| Vested | |
| (5,740 | ) | |
| - | | |
| - | |
| Expired | |
| - | | |
| - | | |
| - | |
| Cancelled / Forfeited | |
| (2,843 | ) | |
| - | | |
| - | |
| December 31, 2025 | |
| - | | |
| - | | |
| - | |
| Restricted
Stock Units | |
No.
of RSU | | |
Weighted-
Average Grant Date Fair Value Per RSU | | |
Weighted-
Average Remaining Contractual Life (in Years) | |
| January 1, 2024 | |
| 16,175 | | |
$ | 26.20 | | |
| 2.00 | |
| Granted | |
| - | | |
| - | | |
| - | |
| Vested | |
| (5,392 | ) | |
| 26.20 | | |
| - | |
| Expired | |
| - | | |
| - | | |
| - | |
| Cancelled / Forfeited | |
| (2,200 | ) | |
| 26.20 | | |
| - | |
| December 31, 2024 | |
| 8,583 | | |
| 26.20 | | |
| 1.00 | |
|