v3.26.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF RESTRICTED STOCK AND RSU ACTIVITY

Restricted Stock and RSU activity was as follows:

 

   Service-Based Restricted Stock and RSUs 
   Shares   Weighted average
grant-date fair value
 
Nonvested as of January 1, 2026   619,793   $163.47 
Granted   -    - 
Vested   (14,328)   51.24 
Forfeited   -    - 
Nonvested as of March 31, 2026   605,465   $166.12 

 

   Service-Based Restricted Stock and RSUs 
   Shares   Weighted average
grant-date fair value
 
Nonvested as of January 1, 2025   533,805   $177.00 
Granted   12,336    70 
Vested   (111,556)   52.00 
Forfeited   -    - 
Nonvested as of March 31, 2025   434,585   $209.50 

 

   Performance-Based RSUs 
   Shares   Weighted average
grant-date fair value
 
Nonvested as of January 1, 2026   5,633   $265.67 
Granted   -    - 
Vested   -    - 
Forfeited   -    - 
Nonvested as of March 31, 2026   5,633   $265.67 

 

   Performance-Based RSUs 
   Shares   Weighted average
grant-date fair value
 
Nonvested as of January 1, 2025   25,792   $185.00 
Granted   -    - 
Vested   (4,031)   171.00 
Forfeited   -    - 
Nonvested as of March 31, 2025   21,761   $188.00 
SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE

The Company recorded stock-based compensation expense in the following expense categories in the accompanying unaudited consolidated statements of operations:

 

   2026   2025 
   Three months ended March 31, 
   2026   2025 
Research and development  $1,885,318   $1,826,348 
General and administrative   964,274    5,466,353 
Total  $2,849,592   $7,292,701