v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Stock-Based Compensation [Abstract]  
Schedule of Option Activity

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

 

    Options     Weighted-Average Exercise Price per Share (USD)     Weighted-Average Remaining Contractual Term (Years)     Aggregate Intrinsic Value (USD)  
Outstanding at January 1, 2026     1,942,184     $ 3.26       4.42     $ 8,075,661  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Cancelled/expired     -       -       -       -  
Outstanding at March 31, 2026     1,942,184     $ 3.26       4.17     $ 1,950,000  
Exercisable at March 31, 2026     1,632,100     $ 3.88       4.17     $ 1,950,000  
Schedule of Assumptions To Estimate Stock Based Compensation Expense

We use the Black-Scholes option pricing model with the following assumptions to estimate the stock-based compensation expense:

 

    For the Three Months Ended March 31,  
    2026     2025  
Risk-free interest rate     - *     4.40% - 4.43%  
Dividend yield     -       -  
Expected holding period (years)     -       5.62  
Weighted-average volatility     -       87.4 %
Estimated forfeiture rates for options granted     -       -  
Schedule of RSU Activity

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

 

    Number of Shares     Weighted-Average
Grant-Date
Fair Value
Per Share
 
Unvested restricted stock units as of January 1, 2026     40,000     $ 10.00  
Granted     21,882       4.57  
Vested     -       -  
Forfeited     -       -  
Unvested restricted stock units as of March 31, 2026     61,882     $ 8.08