STOCKHOLDERS’ EQUITY (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF DIVIDENDS DECLARED AND PAID ON THE SERIES A PREFERRED STOCK |
SCHEDULE
OF DIVIDENDS DECLARED AND PAID ON THE SERIES A PREFERRED STOCK
| Declaration Date | |
Record Date | |
Payment Date |
| March 24, 2026 | |
April 3, 2026 | |
April 15, 2026 |
| March 25, 2025 | |
April 4, 2025 | |
April 15, 2025 |
|
| SCHEDULE OF WARRANT OUTSTANDING AND EXERCISABLE |
The
following is a summary of outstanding and exercisable warrants activity during the three months ended March 31, 2026:
SCHEDULE OF
WARRANT OUTSTANDING AND EXERCISABLE
| | |
Warrants
Outstanding
Number of
Shares | | |
Exercise Price
per Share | | |
Weighted
Average
Remaining
Contractual
Life | | |
Weighted
Average
Exercise Price per Share | |
| Balance at December 31, 2025 | |
| 1,172,877 | | |
$ | 1.24 – 12.00 | | |
| 1.67 years | | |
$ | 5.88 | |
| Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
| Cancelled/Forfeited/Expired | |
| - | | |
| - | | |
| - | | |
| - | |
| Balance at March 31, 2026 | |
| 1,172,877 | | |
$ | 1.24 – 12.00 | | |
| 1.42 years | | |
$ | 5.88 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable December 31, 2025 | |
| 1,172,877 | | |
$ | 1.24 – 12.00 | | |
| 1.67 years | | |
$ | 5.88 | |
| Exercisable March 31, 2026 | |
| 1,172,877 | | |
$ | 1.24 – 12.00 | | |
| 1.42 years | | |
$ | 5.88 | |
|
| Service-Based Stock Options [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF OPTION ACTIVITY |
The
following is a summary of outstanding service-based options activity (prior to the establishment of our Amended 2020 Plan above) for
the three months ended March 31, 2026:
SCHEDULE
OF OPTION ACTIVITY
| | |
Options Outstanding Number of Shares | | |
Exercise Price per Share | | |
Weighted Average Remaining Contractual Life | | |
Weighted Average Exercise Price per Share | |
| Balance at December 31, 2025 | |
| 390,333 | | |
$ | 1.00 – 11.98 | | |
| 2.28 years | | |
$ | 4.03 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
| Cancelled/Forfeited/Expired | |
| (2,500 | ) | |
| 11.98 | | |
| - | | |
| 11.98 | |
| Balance at March 31, 2026 | |
| 387,833 | | |
$ | 1.00 – 11.56 | | |
| 2.05 years | | |
$ | 3.97 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable December 31, 2025 | |
| 390,333 | | |
$ | 1.00 – 11.98 | | |
| 2.28 years | | |
$ | 4.03 | |
| Exercisable at March 31, 2026 | |
| 387,833 | | |
$ | 1.00 – 11.56 | | |
| 2.05 years | | |
$ | 3.97 | |
|
| Performance Shares [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF OPTION ACTIVITY |
The
following is a summary of outstanding performance-based options activity for the three months ended March 31, 2026:
SCHEDULE
OF OPTION ACTIVITY
| | |
Options Outstanding Number of Shares | | |
Exercise Price per Share | | |
Weighted Average Remaining Contractual Life | | |
Weighted Average Exercise Price per Share | |
| Balance at December 31, 2025 | |
| 80,000 | | |
$ | 1.25 – 1.75 | | |
| 1.62 years | | |
$ | 1.59 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| (50,000 | ) | |
| 1.25 – 1.75 | | |
| 1.38 years | | |
| 1.50 | |
| Balance at March 31, 2026 | |
| 30,000 | | |
$ | 1.75 | | |
| 1.38 years | | |
$ | 1.75 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable December 31, 2025 | |
| 65,000 | | |
$ | 1.25 – 1.75 | | |
| 1.59 years | | |
$ | 1.56 | |
| Exercisable at March 31, 2026 | |
| 15,000 | | |
$ | 1.75 | | |
| 1.25 years | | |
$ | 1.75 | |
|
| Restricted Stock Units (RSUs) [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY |
The
following is a summary of unvested RSUs and RSAs activity (outside of our Amended 2020 Plan) for the three months ended March 31, 2026:
SCHEDULE
OF RESTRICTED STOCK UNIT ACTIVITY
| | |
RSUs and RSAs Unvested Number of Shares | |
| Balance at December 31, 2025 | |
| 100,000 | |
| Granted | |
| - | |
| Vested | |
| - | |
| Balance at March 31, 2026 | |
| 100,000 | |
|
| Restricted Stock Units (RSUs) [Member] | 2020 Plan [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY |
The
following is a summary of unvested RSUs and RSAs activity under our Amended 2020 Plan for the three months ended March 31, 2026:
SCHEDULE
OF RESTRICTED STOCK UNIT ACTIVITY
| | | |
RSUs and RSAs Unvested Number of Shares | |
| Balance at December 31, 2025 | | |
| 2,274,587 | |
| Granted | | |
| 388,000 | |
| Vested | | |
| (566,000 | ) |
| Cancelled/Forfeited | | |
| (260,584 | ) |
| Balance at March 31, 2026 | | |
| 1,836,003 | |
|
| 2020 Plan [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF OPTION ACTIVITY |
SCHEDULE
OF OPTION ACTIVITY
| | |
Options Outstanding Number of Shares | | |
Exercise Price per Share | | |
Weighted Average Remaining Contractual Life | | |
Weighted Average Exercise Price per Share | |
| Balance at December 31, 2025 | |
| 229,250 | | |
$ | 1.84 – 13.74 | | |
| 2.43 years | | |
$ | 7.94 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| (3,000 | ) | |
| 1.84 | | |
| 1.82 years | | |
| 1.84 | |
| Cancelled/Forfeited/Expired | |
| - | | |
| - | | |
| - | | |
| - | |
| Balance at March 31, 2026 | |
| 226,250 | | |
$ | 1.89 – 13.74 | | |
| 2.19 years | | |
$ | 8.02 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable at December 31, 2025 | |
| 229,250 | | |
$ | 1.84 – 13.74 | | |
| 2.43 years | | |
$ | 7.94 | |
| Exercisable at March 31, 2026 | |
| 226,250 | | |
$ | 1.89 – 13.74 | | |
| 2.19 years | | |
$ | 8.02 | |
|