v3.26.1
Common Stock and Preferred Shares (Tables)
6 Months Ended
Jun. 30, 2026
Common Stock and Preferred Shares [Abstract]  
Schedule of Share Capital The Company’s share capital is as follows:

 

    June 30, 2026     December 31, 2025  
    Unaudited     Audited  
    Authorized     Issued and
outstanding
    Authorized     Issued and
outstanding
 
Common stock     50,000,000       11,246,252       50,000,000       11,246,252  
Preferred shares     10,000,000       -       10,000,000       -  
Schedule of Black-Scholes Warrant Pricing Model The fair value of the Automax Warrants was $19, using the Black-Scholes warrant pricing model using the following assumptions:
    June 20,
2024
 
Company common stock price   $ 0.55  
Exercise price   $ 12.82  
Dividend yield     0 %
Risk-free interest rate     4.46 %
Expected term (in years)     3.25  
Volatility     125 %
The fair value of the Facility Warrants was $62, using the Black-Scholes warrant pricing model using the following assumptions:
    June 8,
2025
 
Company common stock price   $ 1.67  
Exercise price   $ 15.00  
Dividend yield     0 %
Risk-free interest rate     4.12 %
Expected term (in years)     5.00  
Volatility     72 %