v3.26.1
Stock Options and Restricted Stock Units (Tables)
3 Months Ended
Mar. 31, 2026
Stock Options and Restricted Stock Units [Abstract]  
Schedule of Company’s Stock Options

A summary of the status of the Company’s stock options as of March 31, 2026 and December 31, 2025, and changes during the periods then ended are presented below:

 

       Wtd. Avg. 
       Exercise 
   Options   Price 
Balance, January 1, 2025   417,003   $7.00 
Granted during the period   60,000    3.00 
Exercised during the period   
-
    
-
 
Terminated/Expired during the period   (51,300)   10.57 
Balance, December 31, 2025   425,703   $6.01 
Granted during the period   
-
    
-
 
Exercised during the period   
-
    
-
 
Terminated/Expired during the period   (30,250)   13.90 
Balance, March 31, 2026   395,453   $5.40 
           
Exercisable at March 31, 2026   380,453   $5.50 
Schedule of Summarizes Information About Outstanding Stock Options

The following table summarizes information about outstanding stock options at March 31, 2026:

 

    Number      Wtd. Avg. 
Range of Exercise Price   Outstanding   Wtd.Avg, Life  Exercise Price 
$3.00 - $23.80    395,453   2.4 Years  $5.50 

 

The following table summarizes information about outstanding stock options at December 31, 2025:

 

    Number      Wtd. Avg. 
Range of Exercise Price   Outstanding   Wtd.Avg, Life  Exercise Price 
$3.00 - $23.80    425,703   2.5 Years  $6.01 
Schedule of Company’s RSUs

A summary of the status of the Company’s RSUs as of March 31, 2026, is presented below.

 

       Wtd. Avg. 
       Grant Date Fair 
   Number of
Units
   Value per
Unit
 
Unvested units as of January 1, 2025   282,628   $6.06 
Granted during the period   3,000    - 
Vested during the period   (95,210)   
-
 
Forfeited during the period   (2,000)   
-
 
Unvested Units as of December 31, 2025   188,418   $6.06 
Granted during the period   243,172    3.19 
Vested during the period but shares not issued   (243,172)   3.19 
Forfeited during the period   -    - 
Unvested Units as of March 31, 2026   188,418   $6.06 
           
Vested as of March 31, 2026   338,382   $4.00