v3.26.1
STOCK APPRECIATION RIGHTS LIABILITY (Tables)
3 Months Ended
Mar. 31, 2026
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]  
Schedule of Change in Valuation of Smallwood SAR

The change in valuation of the Smallwood SARs is summarized in the table below:

 

May 15, 2023 - fair value  $9,794 
Loss on revaluation   245,226 
December 31, 2023 -fair value  $255,020 
Loss on revaluation   1,098,130 
December 31, 2024 - fair value  $1,353,150 
Gain on revaluation   (1,337,007)
December 31, 2025 - fair value  $16,143 
Gain on revaluation   (15,410)
March 31, 2026 - fair value  $733 
Schedule of Assumption Utilized in Valuation of Smallwood SARs

The Smallwood SARs were valued using the Black-Scholes valuation model utilizing the following variables:

 

   March 31,   December 31, 
   2026   2025 
Volatility   66.47%   77.84-205.63%
Dividends   0%   0%
Risk-free interest rates   3.68%   3.48-4.10%
Term (in years)   0.75    1.00-2.00