v3.26.1
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF STOCK OPTION ACTIVITY

A summary of the stock option activity during the six months ended June 30, 2026 is presented in the table below:

 

   Number of Options   Weighted Average Exercise Price   Weighted Average Remaining Life   Intrinsic Value 
Outstanding as of January 1, 2026   123,907   $104.70    7.3   $- 
Granted   50,000   $2.38    9.6   $31,250 
Forfeited and cancelled   (85,351)  $-    -   $- 
Outstanding as of June 30, 2026   88,556   $64.38    8.1   $33,438 
Exercisable as of June 30, 2026   42,722   $130.89    6.4   $4,792 
Vested and expected to vest as of June 30, 2026   88,555   $64.38    8.1   $33,438 
SCHEDULE OF STOCK BASED COMPENSATION EXPENSES

The following table summarizes the total stock-based compensation expense included in the unaudited condensed consolidated statements of operations for the periods presented:

 

   2026   2025   2026   2025 
   For the Three Months Ended June 30,   For the Six Months Ended June 30, 
   2026   2025   2026   2025 
Research and development  $(2,610)  $59,867   $22,584   $129,529 
General and administrative   (61,673)   120,896    140,313   292,125 
Total stock-based compensation  $(64,283)  $180,763   $162,897  $421,654 
SCHEDULE OF WEIGHTED AVERAGE INPUTS USED TO MEASURE VALUE OF OPTIONS GRANTED

 

Weighted average Black Scholes assumptions:    
   2026 
Exercise Price  $2.38 
Expected term (in years)   5.8 
Volatility   113.5%
Dividend yield   0%
Risk free rate   3.7%
SCHEDULE OF EXERCISE PRICE OF OUTSTANDING STOCK OPTIONS

The following table presents the exercise price of outstanding stock options as of June 30, 2026:

 

Exercise price  Options outstanding 
$0.01 - $80.00   67,513 
$0.01 - $80.00   67,513 
$80.00 or higher   21,042 
Total   88,555