v3.26.1
Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Activity of Warrant

A summary of activity of the warrants during the six months ended June 30, 2026 as follows:

 

   Number of   Weighted average   Average 
   shares   Exercise Price   Life (years) 
Outstanding, December 31, 2025   5,380,661   $2.20    4.52 
Granted   1,945,792    5.90    5.00 
Granted – pre-funded warrants   5,425,001    0.0001    5.00 
Exercised – pre-funded warrants   (5,425,001)   0.0001    - 
Exercised   (3,742,380)   1.75    - 
Outstanding, June 30, 2026   3,584,073   $4.66    4.37 
                
Exercisable, June 30, 2026   3,584,073   $4.66    4.37 
Schedule of Stock Option Expense

During the three and six months ended June 30, 2026 and 2025, the Company recognized stock option expense as follows.

   

             
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2026   2025   2026   2025 
Stock option expense (Forfeiture reversal)  $(45,685)  $87,180   $34,393   $223,632 
Schedule of Activity of Stock Options

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

  

   Options Outstanding   Weighted Average 
   Number of   Weighted Average   Remaining life 
   Options   Exercise Price   (years) 
             
Outstanding, December 31, 2025   329,752   $4.33    4.01 
Granted   -    -    - 
Exercised   -    -    - 
Forfeited/cancelled   (43,109)   8.73    - 
Outstanding, June 30, 2026   286,643   $3.67    3.60 
                
Exercisable options, June 30, 2026   129,976   $5.06    3.18 
Schedule of Stock Compensation Expense

During the three and six months ended June 30, 2026 and 2025, the Company recognized stock compensation expense related to unvested RSUs as follows.

   

             
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2026   2025   2026   2025 
RSU compensation expense  $27,803   $97,268   $162,852   $172,946 
Schedule of Restricted Stock Activity

A summary of activity of the RSUs during the six months ended June 30, 2026, is as follows:

  

   RSUs Outstanding 
   Number of   Weighted Average 
   RSUs   Fair value 
         
Unvested RSU, December 31, 2025   326,425   $2.09 
Adjustment   33,880    2.09 
Granted   3,922    2.55 
Vested   (54,380)   1.71 
Forfeited/cancelled   (76,900)   1.95 
Unvested RSU, June 30, 2026   232,947   $2.23