v3.26.1
Equity Securities (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Equity Securities

A summary of the Company’s equity securities as of June 30, 2026, is as follows:

 

Description  Authorized   Issued   Reserved   Outstanding 
Common Stock, par value $0.0001   250,000,000    4,022,143    -    4,022,143 
Preferred Stock   10,000,000    -    -    - 
Warrants   -    5,424,598    -    5,424,598 
2021 Omnibus Equity Incentive Plan   402,214    149,502    252,712    149,411 
Nonqualified Inducement Stock Option Grant   15,000    15,000    -    15,000 
Total equity securities   260,417,214    9,611,243    252,712    9,611,152 
Schedule of Information of Outstanding Warrants

 

   Quantity of Warrants Outstanding as of        
Description  June 30, 2026   December 31, 2025   Exercise Price   Expiration Date
Pre-IPO Series 1a Warrants   -    19   $49,200   3/14/2026
IPO Warrants   1,230    1,230    16,800   8/17/2026
IPO Underwriter Warrants   53    53    19,320   8/17/2026
March 2023 Offering Placement Agent Warrants   753    753    579.38   3/16/2028
May 2023 PIPE Placement Agent Warrants   371    371    428.45   5/23/2028
November 2023 Placement Agent Warrants   1,619    1,619    122.09   11/20/2028
May 2024 Series A Common Warrants   2,334    2,334    49.10   11/21/2029
May 2024 Placement Agent Warrants   3,613    3,613    64.50   11/21/2029
September 2024 PIPE Placement Agent Warrants   13,386    13,386    22.88   3/18/2030
January 2025 PIPE Warrants   80,051    80,051    12.70   7/15/2030
January 2025 Repriced PIPE Warrants   120,734    120,734    2.04   5/27/2031
January 2025 PIPE Placement Agent Warrants   14,053    14,053    15.88   7/15/2030
March 2025 Warrant Inducement Series A   498,080    498,080    12.84   7/15/2030
March 2025 Warrant Inducement Series B   468,813    468,813    12.84   1/15/2027
March 2025 Financial Advisor Warrants   33,840    33,840    16.05   7/15/2030
December 2025 PIPE Series C Warrants   2,022,062    2,022,062    2.04   5/27/2031
December 2025 PIPE Series D Warrants   2,022,062    2,022,062    2.04   5/27/2028
December 2025 PIPE Placement Agent Warrants   141,544    141,544    2.55   5/27/2031
Total warrants outstanding   5,424,598    5,424,617