v3.26.1
ACQUISITION OF PONM, INC. (Details Narrative)
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2026
USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Amortization expense $ 13,000 $ 13,000
Estimated useful life 7 years 7 years
2026 $ 51,000 $ 51,000
2027 102,000 102,000
2028 102,000 102,000
2029 102,000 102,000
2030 102,000 102,000
2031 102,000 102,000
2032 102,000 102,000
2033 $ 37,000 37,000
Development services   $ 10,000
Stock purchase agreement [Member]    
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Purchase consideration description   The aggregate purchase consideration is approximately $1.3 million and is payable through the issuance of shares of the Company’s common stock (“Consideration Shares”) in accordance with the issuance schedule contained in the Stock Purchase Agreement. The Consideration Shares are issuable in four tranches: 45% at closing; 20%, on the date that is 90 days after the closing date; 20%, on the date that is 180 days after the closing date; and 15%, on the date that is 270 days after the closing date. Closing of the first tranche under the Purchase Agreement occurred, and the Company issued the initial tranche of the Consideration Shares, or 959,016 shares of common stock, on May 14, 2026 (initial fair value of approximately $725,000). The unissued Consideration Shares are subject to specified protective provisions prior to issuance of the final tranche, including down-round protection for certain issuances below the applicable per share price, equitable adjustment for stock splits, reverse stock splits, recapitalizations, reclassifications and similar capital adjustments, and delisting protection, in each case, subject to a floor of $0.61 per share and a ceiling of $1.15 per share. The Purchase Agreement also provides for an acceleration of the issuance of all remaining unissued Consideration Shares upon a change of control of the Company.