 

Weighted

 

Weighted Average

 

Aggregate

Average Exercise

Remaining

Intrinsic

 

Options

 

Price

 

Contractual Life

 

Value

Balance - December 31, 2024

175,034

$

36.88

6.72 years

$

—

Granted

951,500

1.41

Expired

(1,777)

1,268

Forfeited

(10,329)

14.72

Balance - December 31, 2025

1,114,428

4.84

6.12 years

—

Granted

1,477,500

0.24

Expired

—

Forfeited

(15,876)

0.64

Balance - June 30, 2026 -outstanding

2,576,052

$

2.23

6.12 years

$

—

Balance - June 30, 2026 -exercisable

884,758

$

5.31

4.92 years

$

—

Grant date fair value of options granted – six months ended June 30, 2026

$

276,505

Weighted average grant date fair value - six months ended June 30, 2026

$

0.19

Grant date fair value of options granted – year ended December 31, 2025

$

1,011,295

Weighted average grant date fair value – year ended December 31, 2025

$

1.06