v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of assumptions
    
Company stock price on valuation date  $10.00 
Volatility   143.85% 
Risk free interest rate - 5 years   3.94% 
Risk free interest rate - 10 years   4.43% 
Dividend yield   0.00% 
Schedule of fair values and derived service periods
                    
   Daily VWAP $10   Daily VWAP $15   Daily VWAP $20   Daily VWAP $25   Daily VWAP $30 
Fair value - 5 year service period  $9.03   $9.02   $9.02   $9.02   $9.01 
Derived service period - years   N/A    0.20    0.38    0.56    0.69 
Fair value - 10 year service period  $9.82   $9.80   $9.80   $9.80   $9.80 
Derived service period - years   N/A    0.20    0.40    0.58    0.73 
Schedule of pre-funded common stock warrants
                
   Pre- Funded Common Stock Warrants 
   Shares   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Life in years(1)
   Intrinsic Value 
Outstanding at January 1, 2026   3,913,538   $0.00002           
Purchased   2,079,797   $0.00001           
Exercised   (3,396,940)  $0.00001           
Outstanding at March 31, 2026   2,596,395   $0.00002       $10,982,701 
Exercisable at March 31, 2026   2,596,395   $0.00002       $10,982,701 

 

  (1) Pre-funded warrants expire only upon exercise
Schedule of warrants activity
                
   Other Common Stock Warrants 
   Shares   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Life in years
   Intrinsic Value 
Outstanding at January 1, 2026   1,735,349   $47.66           
Granted/purchased   4,643,487   $6.26           
Expired   (2)  $2,571,840           
Outstanding at March 31, 2026   6,378,834   $16.72    4.73   $6,705 
Exercisable at March 31, 2026   5,739,551   $18.58    4.73   $6,705