v3.26.1
Note 10 - Warrants
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Warrants [Text Block]

10. Warrants

 

The following table summarizes the number of warrants outstanding at June 30, 2026 and  December 31, 2025.  

 

 

  

June 30, 2026

  

Weighted Average Exercise Price - USD

  December 31, 2025  

Weighted Average Exercise Price - USD

 
                 

Balance - beginning of period

  18,750,000  $0.77   18,750,000  $0.77 

Balance - end of period

  18,750,000  $0.77   18,750,000  $0.77 

 

 

On   March 7, 2024, the Company issued and sold 18,750,000 Units at a public offering price of $0.60 per unit. Each Unit consisted of one share of Common Stock and one Warrant. Each Warrant entitles the holder to purchase one share of Common Stock for a period of 5 years following the closing date of the Offering at an exercise price of $0.77, subject to adjustments in certain events. The warrants expire on March 7, 2029.