v3.26.1
RESTRICTED STOCK AND WARRANTS (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Equity [Abstract]    
Schedule of unvested restricted stock awards
               
          Weighted -  
          Average  
    Number of     Grant  
    Award Shares     Date Fair Value  
             
Unvested at December 31, 2025     70,000     $ 1.04  
                 
Granted     -       -  
                 
Vested     -       -  
                 
Forfeited     -       -  
                 
Balance at March 31, 2026     70,000     $ 1.04  
           
    Unvested Restricted Stock Units 
          Weighted - 
          Average 
     Number of    Grant 
     Unit Shares    Date Fair Value 
Unvested at December 31, 2023    371,253    1.32 
            
Granted    88,011    1.46 
            
Vested    (160,194)   1.31 
            
Forfeit/Cancelled    (25,334)   1.23 
            
Unvested at December 31, 2024    273,736    1.38 
            
Granted    180,773    1.34 
            
Vested    (201,374)   1.39 
            
Forfeited/Cancelled    (20,334)   1.57 
            
Balance at December 31, 2025    232,801   $1.32 
Schedule of unvested restricted stock units
               
          Weighted -  
          Average  
    Number of     Grant  
    Unit Shares     Date Fair Value  
Unvested at December 31, 2025     232,801     $ 1.32  
                 
Granted     -       -  
                 
Vested     (70,773 )     1.70  
                 
Forfeited     -       -  
                 
Balance at March 31, 2026     162,028     $ 1.13  
           
   

Unvested Performance Restricted

 
    Stock Units 
          Weighted - 
          Average 
     Number of    Grant 
     Unit Shares    Date Fair Value 
Unvested at December 31, 2023    1,438,760    1.51 
            
Granted    555,000    1.08 
            
Vested    -    - 
            
Forfeited/Cancelled    (387,100)   1.47 
            
Balance at December 31, 2024    1,606,660    1.37 
            
Granted    -    - 
            
Vested    -    - 
            
Forfeited/Cancelled    (285,069)   2.40 
            
Balance at December 31, 2025    1,321,591   $1.15 
Schedule of unvested performance restricted stock units
               
          Weighted -  
          Average  
    Number of     Number of  
    Unit Shares     Unit Shares  
Unvested at December 31, 2025     1,321,591     $ 1.15  
                 
Granted     -       -  
                 
Forfeited/Cancelled     (168,183 )     1.55  
                 
Balance at March 31, 2026     1,153,408     $ 1.10  
  
Schedule of warrants outstanding
                               
    Number of
Warrant Shares		    

Weighted-

Average

Exercise

Price

    

Weighted -

Average

Remaining

Contractual

Term

(in years)

    

Aggregate

Intrinsic

Value

(in thousands)(1)

  
Balance as of December 31, 2025     1,555,207       3.95       4.4          
                                 
Issued     -       -                  
                                 
Exercised       -     -                  
                                 
Expired     -       -                  
                                 
Balance as of March 31, 2026     1,555,207     $ 3.95       4.1          
                                 
Exercisable as of March 31, 2026     1,555,207     $ 3.95       4.1     $ -  

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock price of $0.81 for our common stock on March 31, 2026.
                    
   Warrants Outstanding (Excluding Pre-Funded Warrants) 
    

Number of
Warrant

Shares

    

Weighted-

Average

Exercise

Price

    

Weighted -

Average

Remaining

Contractual

Term

in years)

    

Aggregate

Intrinsic

Value

(in thousands)(1)

 
Balance at December 31, 2023   4,628,586   $4.13           
                     
Granted   -    -           
                     
Expired   -    -           
                     
Balance at December 31, 2024   4,628,586    4.13           
                     
Granted   1,461,896    4.00           
                     
Exercised   (1,461,896)   3.22           
                     
Expired   (3,073,379)   4.60           
                     
Balance at December 31, 2025   1,555,207    3.95    4.4      
                     
Exercisable at December 31, 2025   1,555,207    3.95    4.4   $- 

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock price of $0.60 for our common stock on December 31, 2025.