v3.26.1
Capital Structure / Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Capital Structure / Stockholders’ Equity [Abstract]  
Schedule of Black-Scholes Option Pricing Model Assumptions

The grant-date fair value of the representative warrants of approximately $2.161 million was determined using a Black-Scholes option pricing model using the following assumptions:

 

Assumption   June 2026
Representative
Warrants
 
Contractual term (years)     5.0  
Expected volatility     100.0 %
Risk-free rate     4.29 %
Dividend yield     0.0 %
Schedule of Warrant Activity

The following table summarizes warrant activity:

 

    June 30,
2026
    December 31,
2025
 
Warrants outstanding     1,533,333       -  
Warrants exercisable     1,533,333       -  
Exercise price   $ 1.815        N/A  
Remaining contractual term      4.9 years        N/A