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

The following table summarizes information on stock options outstanding as of March 31, 2026, under the Legacy Incentive Plan:

 

   Options outstanding   Options Vested and Exercisable 
   Number of
Options
   Weighted
Average Exercise
Price
(per share)
   Number of
Options
   Weighted
Average Remaining Contractual
Life (years)
   Weighted
Average Exercise
Price
(per share)
 
Outstanding Balance, January 1, 2026   1,331,034   $0.48    1,331,034    2.66   $0.48 
Options granted   
-
    
-
                
Options exercised   
-
    
-
                
Options forfeited and cancelled   (29,645)  $1.11                
Outstanding Balance, March 31, 2026   1,301,389   $0.47    1,301,389    2.37   $0.47 
Schedule of Restricted Stock Units Outstanding

The following table summarizes information on Restricted Stock Units outstanding as of March 31, 2026, under the 2022 Incentive Plan:

 

   Restricted Stock Units Outstanding 
   Number of RSU’s   Weighted
Average
Fair Value
(per share)
   Weighted
Average Vesting
(years)
 
Outstanding Balance, January 1, 2025   2,665,852   $0.45    1.7 
RSU’s granted   15,992,103   $0.06      
RSU’s forfeited and cancelled   (2,331,250)  $0.38      
RSU’s vested and common stock issued   (1,008,892)  $0.30      
Outstanding Balance, December 31, 2025   15,317,813   $0.06    4.7 
RSU’s forfeited and cancelled   (38,654)  $0.26      
RSU’s vested and common stock issued   (238,160)  $0.24      
Outstanding Balance, March 31, 2026   15,040,999   $0.06    4.5