v3.26.1
Stockholder’s Equity (Tables)
3 Months Ended
Mar. 31, 2026
Stockholder'S Equity [Abstract]  
Schedule of Black-Scholes Model

The assumptions used in the Black-Scholes model are set forth in the table below:

 

    January 2,
2026
    December 8,
2025
 
Exercise price   $ 9.3     $ 14.43  
Risk-free interest rate     3.81 %     3.81 %
Volatility     90.0 %     90.0 %
Expected life (years)     6.02       7.00  
Dividend yield     0.0 %     0.0 %
Schedule of Stock Option Grant Activity

The following is an analysis of the stock option grant activity:

 

    Number     Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Life
 
Outstanding at December 31, 2025     13,120,888     $ 14.43     $ 3.86  
Granted     1,267,230       13.04       3.86  
Cancelled pursuant to amended agreement     (941,620 )     (14.43 )     (4.17 )
Outstanding at March 31, 2026     13,446,498       14.32       3.92  
Schedule of Stock-Based Compensation in Future Periods

The Company will recognize the remaining total stock-based compensation of $60,192,007 in future periods as follows:

 

Year   Amount  
Remainder of 2026   $ 11,550,114  
2027     15,400,152  
2028     15,400,152  
2029     14,343,708  
Thereafter     3,497,881  
Total   $ 60,192,007