v3.26.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Financial Assets and Liabilities Based on Fair Value Measurement

The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. Financial assets and liabilities are classified in their entirety based on the most conservative level of input that is significant to the fair value measurement.

 

   Fair value measurements at reporting date using: 
   Fair value   Quoted prices
in active markets
for identical
assets or
liabilities (Level 1)		   Significant
other
observable
inputs
(Level 2)		   Significant
unobservable inputs
(Level 3)		 
Assets:                
Cash equivalents, March 31, 2026  $9,425,680   $9,425,680   $
-
   $
-
 
Cash equivalents, December 31, 2025  $7,031,708   $7,031,708   $
-
   $
-
 
                     
                     
Liabilities:                    
Warrant liabilities, March 31, 2026  $7,714,794   $
-
   $
         -
   $7,714,794 
Warrant liabilities, December 31, 2025  $53,000   $
-
   $
-
   $53,000 
Schedule of Reconciliation of the Level 3 Representative Warrants Liabilities

The following tables present a reconciliation of the Level 3 Warrants liabilities:

 

   Three Months Ended
March 31,		 
   2026   2025 
Warrant liabilities, January 1  $53,000   $24,486 
Additions   5,347,441    
-
 
Change in fair value   2,314,353    (13,515)
Warrant liabilities, March 31  $7,714,794   $10,971 
Schedule of Fair Value of the Warrants In determining the fair value of the warrants, we used the following inputs as of March 31, 2026:
Risk-free interest rate   3.92%
Expected dividend yield   0%
Expected volatility   131.85%
Expected life   4.9 years 
Schedule of Net Loss Per Share Calculation

The following table details the net loss per share calculation, reconciles between basic and diluted weighted average shares outstanding, and presents the potentially dilutive shares that are excluded from the calculation of the weighted average diluted common shares outstanding, because their inclusion would have been anti-dilutive:

 

   For the Three Months Ended 
   March 31, 
   2026   2025 
Numerator:        
         
Net loss  $(13,857,203)  $(2,116,726)
           
Weighted-average common shares outstanding, basic and diluted   93,729,272    27,523,678 
           
Basic and diluted loss per share  $(0.15)  $(0.08)
Schedule of Weighted Average Common Shares Outstanding

The following common share equivalents are excluded from the calculation of weighted average common shares outstanding, because their inclusion would have been anti-dilutive:

 

   As of March 31, 
   2026   2025 
Warrants   44,623,257    12,030,000 
Total potentially dilutive shares**   44,623,257    12,030,000 

 

**The Company excluded the preferred C shares from the potentially dilutive shares as these are currently not convertible into a common shares due to a required shareholder approval.