v3.26.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2026
Summary of Warrant Activity The following table summarizes the warrants issued and outstanding as of March 31, 2026:

Warrants Issued and Outstanding as of March 31, 2026

 

 

 

Date of

 

Exercise

 

 

Shares of

 

Description

 

Issuance

 

Expiration

 

 

 

 

Common Stock

 

Exercisable Warrants

 

10/19/2020

 

6/28/2030

 

$

1.50

 

 

 

500,000

 

Exercisable Warrants

 

10/19/2021

 

6/28/2030

 

$

1.50

 

 

 

350,000

 

Total warrants issued and outstanding (Unaudited)

 

 

 

 

 

850,000

 

Summary of Stock Option Activity The following table summarizes the stock option activity for the three months ended March 31, 2026:

 

 

Stock Options

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Exercise

 

Average

 

 

 

Number

 

 

Price Per

 

Exercise Price

 

 

 

of Shares

 

 

Share

 

Per Share

 

Outstanding at December 31, 2025

 

 

2,311,272

 

 

$1.35  — $8.68

 

$

3.18

 

Cancelled/Forfeited

 

 

(380,100

)

 

$2.05  — $6.17

 

$

5.23

 

Outstanding at March 31, 2026 (Unaudited)

 

 

1,931,172

 

 

$1.35  — $8.68

 

$

2.78

 

Deferred Stock Units [Member]  
Summary of Stock Option Outstanding

The following table summarizes DSU activity for the three months ended March 31, 2026:

 

 

 

Deferred Stock Units

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Average

 

 

 

Number

 

 

Grant Date

 

 

 

of Units

 

 

Fair Value

 

Outstanding at December 31, 2025

 

 

214,440

 

 

$

4.18

 

Granted

 

 

38,306

 

 

$

1.63

 

Outstanding at March 31, 2026 (Unaudited)

 

 

252,746

 

 

$

3.79

 

Restricted Stock Units [Member]  
Summary of Stock Option Activity

The following table summarizes RSU activity for the three months ended March 31, 2026:

 

 

 

Restricted Stock Units

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

Average

 

 

 

Number

 

 

Grant Date

 

 

 

of Units

 

 

Fair Value

 

Outstanding and unvested at December 31, 2025

 

 

634,463

 

 

$

3.17

 

Vested and released

 

 

(82,266

)

 

$

3.85

 

Outstanding at March 31, 2026 (Unaudited)

 

 

552,197

 

 

$

3.07