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

Stock option activity under the Company’s stock-based compensation plans is shown below:

 

   Number of
Shares
   Average
Exercise Price
per Share
   Aggregate
Intrinsic
Value*
   Weighted
Average
Remaining
Contractual
Term in
Years
 
Outstanding at January 1, 2026   80,000   $0.96    
-
    0.6 
Exercisable at January 1, 2026   2,066,458    1.24   $
           -
    2.5 
                     
Granted   
-
    
-
    
-
    
-
 
Exercised   
-
    
-
    
-
    
-
 
Forfeited   
-
    
-
    
-
    
-
 
Outstanding at March 31, 2026   40,000   $0.87   $
-
    0.4 
Exercisable at March 31, 2026   2,106,458   $1.23   $
-
    2.3 

 

* The intrinsic value of the stock options at March 31, 2026 is the amount by which the market value of the Company’s common stock of $0.83 as of March 31, 2026 exceeds the average exercise price of the option. As of March 31, 2026, the intrinsic value of the outstanding and exercisable stock options was nil.