v3.26.1
EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Warrants Outstanding and Exercisable The following table summarizes the status of warrants and related transactions:
Non-Derivative (Equity) Warrants
Derivative Liabilities Warrants
Total Number of WarrantsWeighted - Average Exercise Price
Balance as of January 1, 2026
57,994,08721,400,00079,394,087$0.95 
Granted100,000 — 100,000 $0.48 
Balance as of June 30, 2026
58,094,08721,400,00079,494,087$0.95 
Exercisable as of June 30, 2026
56,724,08721,400,00078,124,087$0.96 
Schedule of Share-Based Payment Award, Warrants, Valuation Assumptions The following assumptions were used for the calculation at date of issuance:
Weighted average stock price$0.49
Weighted average expected stock price volatility106.4%
Expected annual dividend yield0%
Weighted average expected life of warrants
5.0 years
Weighted average risk-free annual interest rate4.2%
Weighted average grant date fair value$0.39
Schedule of Stock Options Outstanding
The following table summarizes the status of stock options and related transactions:
Number of Stock OptionsWeighted-Average Per Share Exercise Price
Issued and Outstanding as of January 1, 202626,597,918 $0.75 
Granted420,000 $0.48 
Exercised
(1,666)$0.30 
Cancelled/forfeited/expired(98,333)$0.59 
Issued and Outstanding as of June 30, 202626,917,919 $0.74 
Exercisable as of June 30, 202620,050,888 $0.82 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions The following assumptions were used for the calculation at date of grant:
Six Months Ended June 30,
20262025
Weighted average stock price$0.47$0.29
Weighted average expected stock price volatility104.3%92.0%
Expected annual dividend yield0%0%
Weighted average expected life5.4 years5.0 years
Weighted average risk-free annual interest rate4.3%4.0%
Weighted average grant date fair value$0.38$0.21
Schedule of Components of Share-based Compensation Expense
The components of share-based compensation expense, net, are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Stock options expense (forfeiture)
$255 $307 $520 $(74)
Restricted stock— — 68 — 
Warrants57 67 116 141 
Total share-based compensation expense, net$312 $374 $704 $67