v3.26.1
Stock Awards (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

A summary of the stock option activity for the six months ended June 30, 2026, is as follows:

 

   Shares  

Weighted-Average

Exercise Price

  

Weighted-Average

Remaining

Contractual Term

  

Aggregate

Intrinsic Value

 
Outstanding at December 31, 2025   1,173,458   $5.07    8.89   $- 
Granted   60,000    2.00    9.65   $- 
Exercised   -    -    -   $- 
Forfeited   (20,000)   5.00    8.55   $- 
Cancelled/Exchanged   -    -    -   $- 
Outstanding at June 30, 2026   1,213,458   $4.92    8.45   $- 
Exercisable at June 30, 2026   971,271   $4.91    8.48   $- 
Schedule of Exercise Price of Stock Options

A summary of the stock options outstanding at June 30, 2026, is as follows:

 

Exercise Price  

Options

Outstanding

  

Weighted Average

Remaining Life

  

Options

Exercisable

 
$5.00    959,708    8.34    717,521 
 5.47    133,750    8.34    133,750 
 5.42    60,000    9.26    60,000 
 2.00    60,000    9.65    60,000 
 -    1,213,458    8.45    971,271 
Schedule of Activity Related to RSUs

The activity related to RSUs is summarized as follows:

 

 

Restricted Stock Units Issued  RSUs Granted  

Weighted-Average

Exercise Price

 
Restricted Stock Units at December 31, 2025   3,251,789    - 
Granted   270,000   $1.96 
Cancelled   -    - 
Forfeited   -    - 
Restricted stock units at June 30, 2026   3,521,789    - 

 

Vesting Activity of Restricted Stock Units  RSUs  

Weighted-Average

Exercise Price

 
Unvested at December 31, 2025   1,647,850    - 
Granted   270,000   $1.96 
Cancelled   -    - 
Vested   (220,000)  $2.03 
Unvested at June 30, 2026   1,697,850    -