v3.26.1
Stock Warrants
 6 Months Ended
Jun. 30, 2026
Stock Warrants  
Stock Warrants

9. Stock Warrants

 

The Company’s warrant activity during the six months ended June 30, 2026 is as follows:

 

   Shares  

Weighted-

Average

Exercise

Price

  

Weighted-

Average

Remaining

Contractual

Terms

(Years)

  

Aggregate

Intrinsic

Value

 
                 
Outstanding at December 31, 2025   2,963,215   $5.77    4.82   $- 
Granted   -    -    -      
Exercised   -    -    -      
Forfeited   (52,224)   15.51    -      
Outstanding at June 30, 2026   2,910,991   $5.60    4.40   $- 
Exercisable at June 30, 2026   2,910,991   $5.60    4.40   $    - 

 

 

As of June 30, 2026, outstanding and exercisable warrants have no aggregate intrinsic value. The aggregate intrinsic value was calculated as the difference between the closing market price as of June 30, 2026, which was $1.27, and the exercise price of the Company’s warrants to purchase common stock.