STOCKHOLDERS’ EQUITY (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF DIVIDENDS DECLARED AND PAID ON THE SERIES A PREFERRED STOCK |
SCHEDULE
OF DIVIDENDS DECLARED AND PAID ON THE SERIES A PREFERRED STOCK
| Declaration
Date | |
Record
Date | |
Payment
Date |
| March 24, 2026 | |
April 3, 2026 | |
April 15, 2026 |
| June 23, 2026 | |
July 3, 2026 | |
July 15, 2026 |
| March 25, 2025 | |
April 4, 2025 | |
April 15, 2025 |
| June 23, 2025 | |
July 3, 2025 | |
July 15, 2025 |
|
| SCHEDULE OF WARRANT OUTSTANDING AND EXERCISABLE |
The
following is a summary of outstanding and exercisable warrants activity during the six months ended June 30, 2026:
SCHEDULE OF
WARRANT OUTSTANDING AND EXERCISABLE
| | |
Warrants Outstanding Number
of Shares | | |
Exercise
Price per
Share | | |
Weighted Average Remaining Contractual Life | | |
Weighted Average Exercise
Price per
Share | |
| Balance at December 31, 2025 | |
| 1,172,877 | | |
$ | 1.24
– 12.00 | | |
| 1.67
years | | |
$ | 5.88 | |
| Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
| Cancelled/Forfeited/Expired | |
| (500,000 | ) | |
| 12.00 | | |
| - | | |
| 12.00 | |
| Balance at June 30,
2026 | |
| 672,877 | | |
$ | 1.24
– 2.50 | | |
| 2.10
years | | |
$ | 1.33 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable December 31, 2025 | |
| 1,172,877 | | |
$ | 1.24
– 12.00 | | |
| 1.67
years | | |
$ | 5.88 | |
| Exercisable June 30, 2026 | |
| 672,877 | | |
$ | 1.24
– 2.50 | | |
| 2.10
years | | |
$ | 1.33 | |
|
| Service-Based Stock Options [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF OPTION ACTIVITY |
The
following is a summary of outstanding service-based options activity (prior to the establishment of our Amended 2020 Plan above) for
the six months ended June 30, 2026:
SCHEDULE
OF OPTION ACTIVITY
| | |
Options Outstanding Number
of Shares | | |
Exercise
Price per
Share | | |
Weighted Average Remaining Contractual Life | | |
Weighted Average Exercise
Price per
Share | |
| Balance at December 31, 2025 | |
| 390,333 | | |
$ | 1.00
– 11.98 | | |
| 2.28
years | | |
$ | 4.03 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
| Cancelled/Forfeited/Expired | |
| (115,333 | ) | |
| 1.00
– 11.98 | | |
| - | | |
| 5.08 | |
| Balance at June 30, 2026 | |
| 275,000 | | |
$ | 1.15
– 7.50 | | |
| 1.49
years | | |
$ | 3.58 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable December 31, 2025 | |
| 390,333 | | |
$ | 1.00
– 11.98 | | |
| 2.28
years | | |
$ | 4.03 | |
| Exercisable at June 30, 2026 | |
| 275,000 | | |
$ | 1.15
– 7.50 | | |
| 1.49
years | | |
$ | 3.58 | |
|
| Performance Shares [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF OPTION ACTIVITY |
The
following is a summary of outstanding performance-based options activity for the six months ended June 30, 2026:
SCHEDULE
OF OPTION ACTIVITY
| | |
Options Outstanding Number
of Shares | | |
Exercise
Price per
Share | | |
Weighted Average Remaining Contractual Life | | |
Weighted Average Exercise
Price per
Share | |
| Balance at December 31, 2025 | |
| 80,000 | | |
$ | 1.25
– 1.75 | | |
| 1.62
years | | |
$ | 1.59 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| (50,000 | ) | |
| 1.25
– 1.75 | | |
| 1.13
years | | |
| 1.50 | |
| Balance at June 30, 2026 | |
| 30,000 | | |
$ | 1.75 | | |
| 1.13
years | | |
$ | 1.75 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable December 31, 2025 | |
| 65,000 | | |
$ | 1.25
– 1.75 | | |
| 1.59
years | | |
$ | 1.56 | |
| Exercisable at June 30, 2026 | |
| 15,000 | | |
$ | 1.75 | | |
| 1.00
year | | |
$ | 1.75 | |
|
| Restricted Stock Units (RSUs) [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY |
The
following is a summary of unvested RSUs and RSAs activity (outside of our Amended 2020 Plan) for the six months ended June 30, 2026:
SCHEDULE
OF RESTRICTED STOCK UNIT ACTIVITY
| | |
RSUs
and RSAs Unvested Number
of Shares | |
| Balance at December 31, 2025 | |
| 100,000 | |
| Granted | |
| 600,000 | |
| Vested | |
| - | |
| Cancelled/Forfeited | |
| (100,000 | ) |
| Balance at June 30,
2026 | |
| 600,000 | |
|
| Restricted Stock Units (RSUs) [Member] | 2020 Plan [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY |
The
following is a summary of unvested RSUs and RSAs activity under our Amended 2020 Plan for the six months ended June 30, 2026:
SCHEDULE
OF RESTRICTED STOCK UNIT ACTIVITY
| | |
RSUs
and RSAs Unvested Number
of Shares | |
| Balance at December 31, 2025 | |
| 2,274,587 | |
| Granted | |
| 1,193,180 | |
| Vested | |
| (991,825 | ) |
| Cancelled/Forfeited | |
| (654,585 | ) |
| Balance at June 30, 2026 | |
| 1,821,357 | |
|
| 2020 Plan [Member] |
|
| Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items] |
|
| SCHEDULE OF OPTION ACTIVITY |
SCHEDULE
OF OPTION ACTIVITY
| | |
Options Outstanding Number
of Shares | | |
Exercise
Price per
Share | | |
Weighted Average Remaining Contractual Life | | |
Weighted Average Exercise
Price per
Share | |
| Balance at December 31, 2025 | |
| 229,250 | | |
$ | 1.84
– 13.74 | | |
| 2.43
years | | |
$ | 7.94 | |
| Granted | |
| - | | |
| - | | |
| - | | |
| - | |
| Exercised | |
| (3,000 | ) | |
| 1.84 | | |
| 1.57
years | | |
| 1.84 | |
| Cancelled/Forfeited/Expired | |
| (96,667 | ) | |
| 13.74 | | |
| - | | |
| 13.74 | |
| Balance at June 30,
2026 | |
| 129,583 | | |
$ | 1.89
– 9.98 | | |
| 1.60
years | | |
$ | 3.75 | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable at December 31, 2025 | |
| 229,250 | | |
$ | 1.84
– 13.74 | | |
| 2.43
years | | |
$ | 7.94 | |
| Exercisable at June 30, 2026 | |
| 129,583 | | |
$ | 1.89
– 9.98 | | |
| 1.60
years | | |
$ | 3.75 | |
|