v3.26.1
STOCKHOLDERS DEFICIT (Tables)
6 Months Ended
Jun. 30, 2026
STOCKHOLDERS' DEFICIT:  
Schedule of company's outstanding warrants to purchase common stock

 

 

Warrants

(Underlying Shares)

 

 

Weighted-Average Exercise Price Per Share

 

 

 

 

 

 

 

 

Outstanding, December 31, 2025

 

 

45,165,649

 

 

$0.40

 

Warrants issued

 

 

7,177,500

 

 

 

0.22

 

Warrants exchanged

 

 

(4,825,000)

 

 

0.51

 

Warrants expired

 

 

(900,000)

 

 

0.30

 

Warrants exercised

 

 

(4,825,000)

 

$0.20

 

Outstanding, June 30, 2026

 

 

41,793,149

 

 

$0.38

 

 

 

Warrants

(Underlying Shares)

 

 

Weighted-Average Exercise Price Per Share

 

 

 

 

 

 

 

 

Outstanding, December 31, 2024

 

 

37,174,468

 

 

$0.42

 

Warrants issued

 

 

2,656,023

 

 

 

0.13

 

Outstanding, June 30, 2025

 

 

39,830,491

 

 

$0.40

 

Schedule of weighted average assumptions to calculate fair value of warrants

Expected term (years)

 

 

3.0

 

Volatility

 

 

203.3%

Risk-free interest rate

 

 

4.0%

Dividend yield

 

 

0.0%