| SCHEDULE OF WARRANT ACTIVITY |
The
following is a summary of warrants for the three months ended March 31, 2026.
SCHEDULE OF WARRANT ACTIVITY
| | |
Warrants | | |
Weighted
Average
Exercise
Price | | |
Intrinsic
Value | |
| Outstanding as of December 31, 2025 | |
| 4,925,000 | | |
$ | 1.77 | | |
$ | 20,592,675 | |
| Granted | |
| 200,000 | | |
| 5.00 | | |
| - | |
| Exercised | |
| (2,748,971 | ) | |
| 0.40 | | |
| - | |
| Forfeited | |
| (226,029 | ) | |
| 0.40 | | |
| - | |
| Outstanding as of March 31, 2026 | |
| 2,150,000 | | |
| 3.98 | | |
$ | 2,550,000 | |
| | |
| | | |
| | | |
| | |
| Exercisable as of December 31, 2025 | |
| 4,925,000 | | |
$ | 1.77 | | |
$ | 20,592,675 | |
| Exercisable as of March 31, 2026 | |
| 2,150,000 | | |
$ | 3.98 | | |
$ | 2,550,000 | |
|
The
following is a summary of warrants for the years ended December 31, 2025 and 2024:
SCHEDULE
OF WARRANT ACTIVITY
| | |
Warrants | | |
Weighted
Average
Exercise
Price | | |
Intrinsic
Value | |
| Outstanding as of December 31, 2023 | |
| - | | |
$ | - | | |
$ | - | |
| Granted | |
| 2,975,000 | | |
| 0.40 | | |
| - | |
| Exercised | |
| - | | |
| - | | |
| - | |
| Forfeited | |
| - | | |
| - | | |
| - | |
| Outstanding as of December 31, 2024 | |
| 2,975,000 | | |
| 0.40 | | |
| 7,000,175 | |
| Granted | |
| 1,950,000 | | |
| 3.87 | | |
| - | |
| Exercised | |
| - | | |
| - | | |
| - | |
| Forfeited | |
| - | | |
| - | | |
| - | |
| Outstanding as of December 31, 2025 | |
| 4,925,000 | | |
$ | 1.77 | | |
$ | 20,592,675 | |
| | |
| | | |
| | | |
| | |
| Exercisable as of December 31, 2024 | |
| 2,975,000 | | |
$ | 0.40 | | |
$ | 7,000,175 | |
| Exercisable as of December 31, 2025 | |
| 4,925,000 | | |
$ | 1.77 | | |
$ | 20,592,675 | |
|
| SCHEDULE OF WARRANTS VALUATION ASSUMPTIONS |
SCHEDULE OF WARRANTS VALUATION ASSUMPTIONS
| | |
For the three
months Ended
March 31, | |
| | |
2026 | | |
2025 | |
| Risk-free interest rate | |
| 3.64 | % | |
| 4.06 | % |
| Expected term (in years) | |
| 3.00 | | |
| 5.00 | |
| Expected volatility | |
| 269.54 | % | |
| 263.38 | % |
| Expected dividend yield | |
| 0.00 | % | |
| 0.00 | % |
|
SCHEDULE
OF WARRANTS VALUATION ASSUMPTIONS
| | |
Year Ended December 31, | |
| | |
2025 | | |
2024 | |
| Risk-free interest rate | |
| 3.71% - 4.06% | | |
| 4.33% | |
| Expected term (in years) | |
| 3 years - 5 years | | |
| 5.00 | |
| Expected volatility | |
| 259.67% - 279.43% | | |
| 244.14% | |
| Expected dividend yield | |
| 0.00% | | |
| 0.00% | |
|