v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
SCHEDULE OF OUTSTANDING WARRANTS AND STOCK OPTION

Summary of Outstanding Warrants as of June 30, 2026

 

  

Number

Outstanding

   Exercisable  

Weighted

Average

Remaining

Term

   Classification 
                 
Instrument:                    
Strategic Advisor Warrants   9,917,844    9,917,844    6.2    Equity 
Placement Agent Warrants   3,855,822    3,855,822    4.2    Equity 
Total outstanding   13,773,666                
SCHEDULE OF CHANGES IN WARRANT ACTIVITY

The changes in the warrant activity for the period from January 1, 2026 through June 30, 2026 consisted of the following:

  

Number of

Warrants

  

Weighted-

Average Exercise Price

  

Weighted-

Average

Remaining
Contractual

Term

  

Aggregate

Intrinsic

Value

 
                 
Outstanding, January 1, 2026   20,420,521   $1.182    6.1    11,492,312 
Granted   -    -    -    - 
Exercised   6,646,855    0.001    -    - 
Forfeited / Expired   -    -    -    - 
Outstanding and Exercisable, June 30, 2026   13,773,666   $1.750    5.9   $- 
Vested and expected to vest, June 30, 2026   13,773,666   $1.750    5.9   $- 
SCHEDULE OF NONVESTED WARRANTS SUBJECT TO SERVICE-BASED VESTING CONDITIONS

A summary of the status of nonvested warrants subject to service-based vesting conditions as of and for the three months ended June 30, 2026 is presented below:

  

   Warrant Activity 
   Number of Units  

Weighted-

Average Grant-

Date Fair Value

 
         
Nonvested, January 1, 2026   9,917,844   $1.752 
Granted   -    - 
Vested   (9,917,844)   (1.752)
Forfeited   -    - 
Nonvested, June 30, 2026   -   $- 
SCHEDULE OF CHANGES IN STOCK OPTION

The changes in the stock option activity for the period from January 1, 2026 through June 30, 2026 consisted of the following:

 

  

Number of

Options

  

Weighted-

Average Exercise Price

  

Weighted-

Average

Remaining

Contractual

Term

  

Aggregate

Intrinsic

Value

 
                 
Outstanding, January 1, 2026   -   $-    -    - 
Granted   6,500,000    1.01    10.0    - 
Exercised   -    -    -    - 
Forfeited / Expired   -    -    -           - 
Outstanding, June 30, 2026   6,500,000   $1.01    9.8   $- 
Exercisable, June 30, 2026   -   $-    -   $- 
Vested and expected to vest, June 30, 2026   6,500,000   $1.01    9.8   $- 
SCHEDULE OF NON-VESTED STOCK UNIT ACTIVITY

 

   Stock Option Activity 
   Number of Units  

Weighted-

Average Grant-

Date Fair Value

 
         
Nonvested, January 1, 2026   -   $- 
Granted   6,500,000    1.01 
Vested   -    - 
Forfeited   -    - 
Nonvested, June 30, 2026   6,500,000   $1.01 
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY

 

   Restricted Stock Unit Activity 
   Number of Units  

Weighted-

Average Grant-

Date Fair Value

 
         
Nonvested, January 1, 2026   400,000   $1.46 
Granted   -    - 
Vested   (400,000)   1.46 
Forfeited   -    - 
Nonvested, June 30, 2026   -   $- 
SCHEDULE OF DISAGGREGATED BREAKDOWN OF STOCK COMPENSATION EXPENSE

 

   Fair Value   Prior
Expensed
   For the
Six Months Ended
June 30, 2026
   Unrecognized
Expense
 
                 
Instrument:                    
Strategic Advisor Warrants  $11,533,125   $7,688,800   $3,844,325   $- 
Restricted Stock   1,250,000    416,667    833,333    - 
Stock Options – Former Chairman of Board*   -    273,299    (273,299)   - 
Restricted Stock Units   584,000    389,333    194,667    - 
Stock Issuance   623,000    -    623,000    - 
Stock Options   4,139,717    -    275,981    3,863,736 
Total  $18,129,842   $8,768,099   $5,498,007   $3,863,736