v3.26.1
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF SHARE-BASED COMPENSATION ARRANGEMENTS BY SHARE-BASED PAYMENT AWARD

The following table summarizes the RSU transactions related to the common and preferred stock under the Company’s Equity Incentive Plan for the six months ended June 30, 2026 and 2025:

 

   Common Stock  

Series A

Preferred Stock

  

Series B

Preferred Stock

 
             
Outstanding and unvested shares at January 1, 2026   161,400    -    19,199 
Granted   -    -    - 
Vested   (56,400)   -    - 
Forfeited   -    -    (19,199)
Outstanding and unvested shares at June 30, 2026   105,000    -    - 
                
Outstanding and unvested shares at January 1, 2025   242,500    -    19,199 
Granted   -    -    - 
Vested   (89,700)   -    - 
Forfeited   -    -    - 
Outstanding and unvested shares at June 30, 2025   152,800    -    19,199 
SCHEDULE OF EMPLOYEE SERVICE SHARE-BASED COMPENSATION, ALLOCATION OF RECOGNIZED PERIOD COSTS

The following table summarizes the components of share-based compensation expense for the three and six months ended June 30, 2026 and 2025:

 

   2026   2025   2026   2025 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2026   2025   2026   2025 
    ($ in thousands) 
Direct operating costs  $-   $-   $-   $- 
General and administrative   64    111    128    216 
Research and development   -    -    -    3 
Selling and marketing   -    -    -    - 
Total stock-based compensation expense  $64   $111   $128   $219