v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Stock-Based Compensation [Abstract]  
Schedule of Breakdown of Stock-Based Compensation by Categories The breakdown of stock-based compensation by categories for the three months ended March 31, 2026 and 2025 are summarized below:
   For the
Three months
ended
March 31,
2026
  

For the
Three months
ended

March 31,
2025

 
   (Unaudited)   (Unaudited) 
Research and development  $10,275   $10,188 
General and administrative   136,439    148,907 
Total stock-based compensation  $146,714   $159,095 
Schedule of Estimated Fair Value of the Stock Options

The Company estimated the fair value of the stock options using the Black-Scholes option pricing model. The fair value of stock options issued was estimated using the following assumptions:

 

  Assumptions used for October 30, 2024 grant 
Exercise price  $0.815 
Stock price  $0.815 
Expected volatility   101.5-101.6%
Expected term (in years)   5.5-6.0 
Risk-free interest rate   4.16-4.17%
Expected dividend   0%
Schedule of Stock Option Activities

A summary of information related to stock option activities for the three months ended March 31, 2026 is as follows:

 

  Number of
Shares
   Weighted
Average
Exercise
Price Per
Share
   Weighted
Average
Remaining
Contractual
Term
   Aggregate
Intrinsic
Value
 

Options outstanding at December 31, 2025

   3,600,000   $0.815    8.84   $2,682,000 
Granted   
-
    
-
           
Exercised   
-
    
-
           
Cancelled   
-
    
-
           
Outstanding at March 31, 2026   3,600,000   $0.815    8.59   $882,000 
Options vested and expected to vest at March 31, 2026   3,600,000   $0.815    8.59   $882,000 
Options exercisable at March 31, 2026   1,837,470   $0.815    8.59   $450,180