v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of 2018 ASHM Plan Amendments

 

Shareholder

Approval Event

 

2018 Plan (as adopted

and amended)

 

Number of

awards approved

  

Cumulative

Awards Approved

 
2018 ASHM  2018 Plan Adoption   12,000    12,000 
2019 ASHM  Amendment #1   5,333    17,333 
2020 ASHM  Amendment #2   11,111    28,444 
2021 ASHM  Amendment #3   34,222    62,666 
2023 ASHM  Amendment #4   68,666    131,332 
2025 ASHM  Amendment #5   133,333    264,665 
2026 ASHM  Amendment #6   1,000,000    1,264,665 
Schedule of Stock Options Awards and Restricted Stock Grants

 

   Stock Options   Restricted Stock Awards   Weighted 
                   Average 
              Weighted   Contractual 
       Weighted   Non-vested   Average   Terms of 
      Average   Restricted   Grant   Equity 
   Options   Exercise   Stock   Date   Awards 
   Outstanding   Price   Outstanding   Fair Value   (in years) 
Equity awards outstanding at January 1, 2026   18,695   $15.68    -   $-      
                          
Equity awards granted   242,364   $3.95    -   $-      
                          
Equity awards terminated   (2,413)  $4.31    -   $-      
                          
Equity awards outstanding at June 30, 2026   258,646   $4.31    -   $-    9.7 
                          
Equity awards exercisable at June 30, 2026   131,951   $5.31              9.7 
                          
Aggregate intrinsic value of equity awards exercisable at June 30, 2026  $-                     
Schedule of Assumptions Used to Determine Fair Value of Options Granted

The fair values of stock options granted were estimated at the date of grant using the Black-Scholes option pricing model. The Black-Scholes model was originally developed for use in estimating the fair value of traded options, which have different characteristics from the Company’s stock options. The model is also sensitive to changes in assumptions, which can materially affect the fair value estimate. The Company used the following assumptions for determining the fair value of options granted under the Black-Scholes option pricing model:

 

  

For the Six Months Ended

June 30,

 
   2026   2025 
Risk-free interest rate   4.19%   4.31 to 4.55%
Expected volatility   122.97%   110.74 to 115.63%
Expected life (in years)   9.0    9.0 to 10.0  
Expected dividend yield   0.0%   0.0%