Stockholders’ Equity (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Equity [Abstract] |
|
| Schedule of Fair Value of Options Granted Black-Scholes-Merton Model |
There
were no options granted during the three and six months ended June 30, 2026. The assumptions used to determine the fair value of options
granted for the three and six months ended June 30, 2025, using the Black-Scholes-Merton model are as follows:
Schedule
of Fair Value of Options Granted Black-Scholes-Merton Model
| Risk-free interest rate | |
| 3.62
to 4.23 | % |
| Expected volatility (weighted-average and range,
if applicable) | |
| 100 | % |
| Expected term | |
| 6
to 6.5
years | |
|
| Schedule of Stock Option Activities and Related Information |
A
summary of the Company’s stock option activities and related information for the six months ended June 30, 2026, is as follows:
Schedule
of Stock Option Activities and Related Information
| Stock
Option | |
No.
of Stock
Option | | |
Weighted-Average
Exercise Price | | |
Weighted-Average
Remaining
Contractual Life
(in Years) | |
| January 1, 2026 | |
| 538,618 | | |
$ | 11.25 | | |
| 9.3 | |
| Granted | |
| - | | |
| - | | |
| - | |
| Exercised | |
| - | | |
| - | | |
| - | |
| Expired | |
| - | | |
| - | | |
| - | |
| Cancelled / Forfeited | |
| - | | |
| - | | |
| - | |
| June 30, 2026 | |
| 538,618 | | |
$ | 11.25 | | |
| 8.8 | |
| Vested and expected
to vest, June 30, 2026 | |
| 538,618 | | |
$ | 11.25 | | |
| 8.8 | |
A
summary of the Company’s stock option activities and related information for the six months ended June 30, 2025, is as follows:
| Stock
Option | |
No.
of Stock
Option | | |
Weighted-Average
Exercise Price | | |
Weighted-Average
Remaining
Contractual Life
(in Years) | |
| January 1, 2025 | |
| 105,090 | | |
$ | 98.55 | | |
| 7.8 | |
| Granted | |
| 150,934 | | |
| 7.8 | | |
| 9.7 | |
| Exercised | |
| - | | |
| - | | |
| - | |
| Expired | |
| - | | |
| - | | |
| - | |
| Cancelled / Forfeited | |
| (95,183 | ) | |
| - | | |
| - | |
| June 30, 2025 | |
| 160,841 | | |
$ | 32.70 | | |
| 9.0 | |
| Vested and expected
to vest, June 30, 2025 | |
| 160,841 | | |
$ | 32.70 | | |
| 9.0 | |
|
| Schedule of Options Outstanding |
The
following options were outstanding at their respective exercise price as of June 30, 2026 and December 31, 2025.
Schedule
of Options Outstanding
| Exercise
Price Options Outstanding | |
June
30, 2026 | | |
December
31, 2025 | |
| $1.27 | |
| 25,000 | | |
| 25,000 | |
| $2.22 | |
| 23,781 | | |
| 23,781 | |
| $2.40 | |
| 364,893 | | |
| 364,893 | |
| $6.40 | |
| 7,326 | | |
| 7,326 | |
| $7.80 | |
| 5,731 | | |
| 5,731 | |
| $8.00 | |
| 32,700 | | |
| 32,700 | |
| $9.68 | |
| 34,884 | | |
| 34,884 | |
| $31.20 | |
| 9,978 | | |
| 9,978 | |
| $62.54 | |
| 6,825 | | |
| 6,825 | |
| $133.40 | |
| 27,500 | | |
| 27,500 | |
| Total | |
| 538,618 | | |
| 538,618 | |
|
| Schedule of Stock Compensation Expenses |
Stock
compensation expense for the three months ended June 30, 2026 and June 30, 2025, is as follows:
Schedule
of Stock Compensation Expenses
| | |
2026 | | |
2025 | |
| | |
For
The Three Months Ended | |
| | |
2026 | | |
2025 | |
| Compensation and employee benefits | |
$ | 41,523 | | |
$ | 23,666 | |
| Total | |
$ | 41,523 | | |
$ | 23,666 | |
Stock
compensation expense for the six months ended June 30, 2026, and June 30, 2025, is as follows:
| | |
2026 | | |
2025 | |
| | |
For
The Six Months Ended | |
| | |
2026 | | |
2025 | |
| Compensation and employee benefits | |
$ | 100,431 | | |
$ | 175,921 | |
| Professional services | |
| - | | |
| 588,993 | |
| Total | |
$ | 100,431 | | |
$ | 764,914 | |
|
| Schedule of Restricted Stock Units |
The
Company did not have any outstanding restricted stock units (“RSUs”) as of June 30, 2026. A summary of the Company’s
RSU activity and related information for the six months ended June 30, 2025, is presented below:
Schedule
of Restricted Stock Units
| Restricted
Stock Units | |
No.
of RSU | | |
Weighted-Average Grant
Date Fair
Value
Per RSU | | |
Weighted-Average
Remaining
Contractual Life
(in Years) | |
| Balance, January 1, 2025 | |
| 8,583 | | |
$ | 26.20 | | |
| 1.0 | |
| Exercised | |
| (4,292 | ) | |
| - | | |
| - | |
| Forfeited | |
| (2,843 | ) | |
| - | | |
| - | |
| Balance, June 30,
2025 | |
| 1,448 | | |
$ | 26.20 | | |
| 0.5 | |
|