v3.26.1
Stock Option Plan and Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Stock Option Plan And Stock-based Compensation  
Schedule of stock options activity
                                       
    Number of
Options
    Weighted average
exercise price
    Weighted average
remaining
contractual term
(Years)
    Weighted average
at Grant date
    Aggregate
Intrinsic Value
(in thousands)
 
Options outstanding at January 1, 2026     2,149,550     $ 1.44       8.01     0.91          
Granted     -     $ -       -     -          
Exercised     -     $ -       -     -     $ -  
Forfeited     -     $ -       -     -          
Options outstanding at March 31, 2026     2,149,550     $ 1.44       7.76     0.91          
Options exercisable at March 31, 2026     1,366,699     $ 1.53                          

 

    Number of
Options
    Weighted average
exercise price
    Weighted average
remaining
contractual term
(Years)
    Weighted average
at Grant date
    Aggregate
Intrinsic Value
(in thousands)
 
Options outstanding at January 1, 2025     1,799,550     $ 1.52       8.74     0.93          
Granted     350,000     $ 1.00       9.40     0.56          
Exercised     -     $ -       -     -     $ -  
Forfeited     -     $ -       -     -          
Options outstanding at December 31, 2025     2,149,550     $ 1.44       8.01     0.87          
Options exercisable at December 31, 2025     1,087,837     $ 1.59                          
Schedule of non-cash stock-based compensation expense
               
    Three months Ended
March 31,
2026
    Three Months Ended
March 31,
2025
 
Research and development   $ 9     $ 12  
Sales and marketing     9       36  
General and administrative     77       211  
Total non-cash stock compensation   $ 95     $ 259  
Schedule of assumptions used
               
    Shares     Weighted Average
Grant Date
Fair Value
 
RSUs outstanding at January 1, 2026     1,061,500     $ 1.25  
Granted     -       -  
Exercised     (11,500 )   $ 1.33  
Forfeited     -          
RSUs outstanding at March 31, 2026     1,050,000     1.24  

 

    Shares     Weighted Average
Grant Date
Fair Value
 
RSU outstanding at January 1, 2025     688,935     $ 3.70  
Granted     1,000,000     $ 1.00  
Exercised     (627,435 )   $ 3.55  
Forfeited     -          
RSU outstanding at December 31, 2025     1,061,500          
Schedule of non-cash stock-based compensation expenses related to restricted stock units
               
    Three Months Ended
March 31,
2026
    Three Months Ended
March 31,
2025
 
Research and development   $ 1     $ 102  
Sales and marketing     1       52  
General and administrative     294       211  
Total non-cash stock compensation   $ 296     $ 365