STOCKHOLDERS EQUITY (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
| Equity [Abstract] |
|
| SCHEDULE OF STOCK OPTION ACTIVITIES |
SCHEDULE OF STOCK OPTION ACTIVITIES
| | |
Number
of Shares | | |
Weighted
Average Strike Price/Share | | |
Weighted
Average Remaining Contractual Term (Years) | | |
Weighted
Average Grant Date Fair Value/Share | | |
Intrinsic Value | |
| Balance, December 31, 2025 | |
| 6,716,500 | | |
| 0.65 | | |
| 6.48 | | |
| 0.63 | | |
| - | |
| Granted | |
| 2,000,000 | | |
| 0.49 | | |
| 6.9 | | |
| 0.13 | | |
| - | |
| Forfeited | |
| - | | |
| - | | |
| - | | |
| - | | |
| – | |
| Exercised | |
| - | | |
| – | | |
| – | | |
| – | | |
| – | |
| Expired | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Balance, March 31, 2026 | |
| 8,716,500 | | |
| 0.80 | | |
| 8.3 | | |
| 0.67 | | |
| - | |
| Vested and exercisable, March 31, 2026 | |
| 6,054,834 | | |
| 0.44 | | |
| 6.0 | | |
| 0.47 | | |
| - | |
| Unvested, March 31, 2026 | |
| 2,661,666 | | |
$ | 0.65 | | |
| 7.4 | | |
$ | 0.62 | | |
$ | - | |
|
| SCHEDULE OF STOCK OPTIONS OUTSTANDING FOR TIME-BASED AND PERFORMANCE-BASED ACTIVITIES |
SCHEDULE OF STOCK OPTIONS OUTSTANDING FOR TIME-BASED AND PERFORMANCE-BASED ACTIVITIES
| | |
Time-based | | |
Performance-based | |
| VP - Corporate Development | |
| 500,000 | | |
| 500,000 | |
| CEO | |
| 3,750,000 | | |
| 1,750,000 | |
| VP - Senior Counsel | |
| 175,000 | | |
| 175,000 | |
| Terminated employees - vested | |
| 212,500 | | |
| - | |
| Non-employees -Vested
on issuance | |
| 1,654,000 | | |
| - | |
| Total | |
| 6,291,500 | | |
| 2,425,000 | |
|
| SCHEDULE OF OUTSTANDING PERFORMANCE-BASED AWARDS ACTIVITY |
The
outstanding performance-based awards are as follows:
SCHEDULE OF OUTSTANDING PERFORMANCE-BASED AWARDS ACTIVITY
| |
|
VP
– Corporate Development |
|
|
CEO |
|
|
VP-
Senior Counsel |
|
|
Total |
|
| Milestone
1 |
|
|
100,000 |
|
|
|
350,000 |
|
|
|
35,000 |
|
|
|
485,000 |
|
| Milestone
2 |
|
|
100,000 |
|
|
|
350,000 |
|
|
|
35,000 |
|
|
|
485,000 |
|
| Milestone
3 |
|
|
100,000 |
|
|
|
350,000 |
|
|
|
35,000 |
|
|
|
485,000 |
|
| Milestone
4 |
|
|
100,000 |
|
|
|
350,000 |
|
|
|
35,000 |
|
|
|
485,000 |
|
| Milestone
5 |
|
|
100,000 |
|
|
|
350,000 |
|
|
|
35,000 |
|
|
|
485,000 |
|
| Total |
|
|
500,000 |
|
|
|
1,750,000 |
|
|
|
175,000 |
|
|
|
2,425,000 |
|
|
| SCHEDULE OF WARRANTS ACTIVITY |
The
following table summarized warrants outstanding as of March 31, 2026:
SCHEDULE OF WARRANTS ACTIVITY
| | |
Number
of Shares | | |
Weighted
Average Strike Price/Share | | |
Weighted
Average Remaining Contractual Term (Years) | | |
Weighted
Average Grant Date Fair Value/Share | | |
Intrinsic Value | |
| Balance, December 31, 2025 | |
| 11,504,678 | | |
| 0.81 | | |
| 3.84 | | |
| 0.68 | | |
| - | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | | |
| – | |
| Forfeited | |
| - | | |
| - | | |
| - | | |
| - | | |
| – | |
| Exercised | |
| - | | |
| - | | |
| - | | |
| – | | |
| – | |
| Expired | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Balance, March 31, 2026 | |
| 11,504,678 | | |
| 0.81 | | |
| 3.6 | | |
| 0.68 | | |
| - | |
| Vested and exercisable, March 31, 2026 | |
| 11,504,678 | | |
| 0.81 | | |
| 3.6 | | |
| 0.68 | | |
| - | |
| Unvested, March 31, 2026 | |
| – | | |
$ | – | | |
| – | | |
$ | – | | |
$ | – | |
|