v3.26.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
STOCK-BASED COMPENSATION  
Schedule of warrant activity

 

 

Number of

Shares

Issuable

Upon

Exercise of

Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Life (years)

 

Outstanding on December 31, 2025

 

 

7,887,456

 

 

$5.95

 

 

 

 

Issued

 

 

207,565

 

 

 

6.07

 

 

 

 

Exercised

 

 

-

 

 

 

 

 

 

 

 

Expired

 

 

-

 

 

 

 

 

 

 

 

Outstanding on March 31, 2026

 

 

8,095,021

 

 

$5.95

 

 

 

4.57

 

Exercisable on March 31, 2026

 

 

3,321,034

 

 

 

 

 

 

 

 

 

Schedule of assumptions

 

 

Inputs

 

Stock Price

 

$1.98

 

Volatility

 

 

75.00%

Dividend yield

 

 

0.00%

Strike multiple

 

2.00 times