There
were no grants of stock options during the year ended December 31, 2025. On February 5, 2024, the Company issued stock options to
officers, directors, and key consultants. The exercise price for the options is $19.50
and the maturity date in February
5, 2029. The following table shows stock
option activity for the years ended December 31, 2025 and 2024:
Schedule
of Stock Option Activity
| | |
| | |
| | |
| | |
| | |
Weighted | |
| | |
| | |
| | |
| | |
Weighted | | |
Average | |
| | |
Shares | | |
Outstanding | | |
Average | | |
Remaining | | |
Aggregate | |
| | |
Available | | |
Stock | | |
Exercise | | |
Contractual | | |
Intrinsic | |
| | |
for Grant | | |
Awards | | |
Price | | |
Life (years) | | |
Value | |
| Outstanding at December 31, 2023 | |
| - | | |
| 1,728 | | |
$ | 81.49 | | |
| 2.4 | | |
$ | - | |
| Granted | |
| - | | |
| 105,000 | | |
| 19.50 | | |
| 4.1 | | |
| | |
| Exercised | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Forfeited/cancelled | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Outstanding at December 31, 2024 | |
| - | | |
| 106,728 | | |
| 20.50 | | |
| 2.8 | | |
| - | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| - | | |
| (4,871 | ) | |
| 19.50 | | |
| - | | |
| - | |
| Forfeited/cancelled (uncancelled) | |
| - | | |
| (744 | ) | |
| 12.00 | | |
| - | | |
| | |
| Outstanding at December 31, 2025 | |
| - | | |
| 101,113 | | |
$ | 20.10 | | |
| 2.8 | | |
$ | - | |
|