v3.26.1
STOCK OPTIONS (Tables)
6 Months Ended
Jun. 30, 2026
STOCK OPTIONS  
Schedule of stock option activity

 

 

Number of

Shares

 

 

Weighted-Average Exercise Price Per Share

 

 

Weighted-Average Remaining Contractual Life

 

Aggregate Intrinsic Value of In-the-Money Options

 (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding as of December 31, 2025

 

 

2,827,000

 

 

$0.32

 

 

6.5 years

 

$476

 

Options granted

 

 

625,000

 

 

$0.29

 

 

 

 

 

 

 

Options outstanding as of June 30, 2026

 

 

3,452,000

 

 

$0.28

 

 

 7.1 years

 

$126

 

Options exercisable as of June 30, 2026

 

 

2,526,205

 

 

$0.31

 

 

 6.4 years

 

$76

 

 

 

Number of

Shares

 

 

Weighted-Average Exercise Price Per Share

 

 

Weighted-Average Remaining Contractual Life

 

Aggregate Intrinsic Value of In-the-Money Options

 (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding as of December 31, 2024

 

 

2,883,636

 

 

$0.35

 

 

6.3 years

 

$-

 

Options granted

 

 

625,000

 

 

$0.14

 

 

 

 

 

 

 

Options forfeited

 

 

(24,205)

 

$0.21

 

 

 

 

 

 

 

Options expired

 

 

(413,636)

 

$0.46

 

 

 

 

 

 

 

Options outstanding as of June 30, 2025

 

 

3,070,795

 

 

$0.29

 

 

 7.4 years

 

$138

 

Options exercisable as of June 30, 2025

 

 

2,191,364

 

 

$0.35

 

 

 6.6 years

 

$49