v3.26.1
Common and Preferred Stock (Tables)
6 Months Ended
Jun. 30, 2026
Common And Preferred Stock  
Schedule of assumptions
               
Assumption  

June 11,
2026
(Issuance)

    June 30,
2026
 
Stock price   $ 4.50     $ 4.53  
Risk-free rate     3.80 %     3.90 %
Equity volatility     90.00 %     95.00 %
Expected term     4 months       3.4 months  
Probability of redemption     75.00 %     75.00 %
Probability of conversion     25.00 %     25.00 %
Discount for lack of marketability     12.00 %     12.00 %
Embedded derivative fair value   $ 1,593,474       1,654,795  
Schedule of reconciliation of the derivative liability
       
    Embedded
Derivative Liability
 
Balance at initial recognition (June 11, 2026)   $ 1,593,474  
Change in fair value recognized in earnings     61,321  
Balance at June 30, 2026   $ 1,654,795  
Schedule of warrants measurement
                                       

Measurement Date

  Stock Price     Risk-Free Rate     Volatility     Expected Term   Warrants
Issued
    Fair Value
per Warrant
    Aggregate Warrant
Fair Value
 
January 29, 2026   $ 8.75       3.70 %     105.00 %   3.5 years     1,458,360     $ 2.91     $ 4,242,144  
January 30, 2026     9.27       3.65 %     105.00 %   3.5 years     16,889       2.91       49,145  
February 25, 2026     10.07       3.52 %     105.00 %   3.5 years     90,279       2.88       260,022  
February 26, 2026     10.09       3.52 %     105.00 %   3.5 years     69,444       2.88       200,016  
March 5, 2026     9.43       3.62 %     105.00 %   3.5 years     41,667       3.03       126,341  
March 20, 2026     7.31       3.93 %     105.00 %   3.5 years     138,889       2.73       379,472  
April 20, 2026     4.78       3.83 %     105.00 %   3.5 years     277,777       2.95       820,729  
Total                                 2,093,305             $ 6,077,867