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

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

 

                Weighted        
          Weighted     Average        
          Average     Remaining     Aggregate  
    Number of     Exercise     Life     Intrinsic  
    Options     Price     In Years     Value  
Outstanding, January 1, 2026     1,428,006     $ 4.40                  
Granted     104,923       4.69                  
Exercised     -       -                  
Expired     -       -                  
Forfeited     -       -                  
Outstanding as of June 30, 2026     1,532,929     $ 4.42       9.2     $ 889,758  
                                 
Exercisable as of June 30, 2026     464,480     $ 4.46       9.3     $ 248,688  
Schedule of Stock Options Granted Using the Black-Scholes Valuation Model

The Company estimated the fair value of the stock options granted using the Black-Scholes valuation model with the following assumptions:

 

    For the Three Months Ended   For the Six Months Ended
    June 30,   June 30,
    2026   2025   2026   2025
Risk-free interest rate   4.05%   N/A   3.94%-4.05%   N/A
Expected term (years)   5.73    N/A   5.00-5.73    N/A
Expected volatility   0.00%   N/A   0.00%-0.00%   N/A
Expected dividends   0%   N/A   0%   N/A