v3.26.1
Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Stockholders’ Equity [Abstract]  
Schedule of Warrant Activity

Warrant activity for the six months ended June 30, 2026 is summarized as follows:  

 

    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(Years)
    Aggregate
Intrinsic
Value
 
Balance Outstanding, December 31, 2025     4,509,259     $ 3.14       2.57       -  
Granted     -       -       -       -  
Balance Outstanding, June 30, 2026     4,509,259       3.14       2.07       -  
Exercisable, June 30, 2026     4,509,259     $ 3.14       2.07     $ -  
Schedule of Stock Options were Valued at the Grant Date

The stock options were valued at the grant date using a Black-Scholes option pricing model with the following assumptions:

 

    Six Months
Ended
June 30,
2026
 
Dividend rate      
Expected term (in years)     3.0 years  
Volatility     159.2 %
Risk—free interest rate     3.90 %
Schedule of Stock Option Activity

Stock option activity during the six months ended June 30, 2026 is summarized as follows:

 

    Number of
Options
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(Years)
    Aggregate
Intrinsic
Value
 
Balance Outstanding, December 31, 2025     239,084     $ 9.27       5.22     $ -  
Granted     75,000       1.32       -       -  
Cancelled     (30,000 )     1.24       -       -  
Balance Outstanding, June 30, 2026     284,084     $ 8.02       4.75     $ 4,500  
Exercisable, June 30, 2026     175,709     $ 12.16       4.81     $ 4,500