v3.26.1
STOCK BASED COMPENSATION
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK BASED COMPENSATION

9. STOCK BASED COMPENSATION

 

During the year ending December 31, 2025 and 2024, the Company had no stock-based compensation.

 

Warrants Issued

 

The following table reflects a summary of Common Stock warrants outstanding and warrant activity during the period ended December 31, 2025 and 2024.

 

   Underlying
Shares
   Weighted
Average
Exercise Price
   Weighted
Average Term
(Years)
 
Warrant outstanding at December 31, 2023   29,320,478    0.01    2.52 
Granted   -    

-

    

-

 
Exercised   -    

-

    

-

 
Forfeited   -    

-

    

-

 
Warrant outstanding at December 31, 2024   29,320,478    0.01    1.51 
Granted   -    

-

    

-

 
Exercised   -    

-

    

-

 
Forfeited   (3,358,498

)

   

0.01

    

-

 
Warrant outstanding at December 31, 2025   25,961,980    0.01    0.62 

 

The intrinsic value of warrants outstanding as of December 31, 2025 was $0.