v3.26.1
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

The following table sets forth the computation of the basic and diluted net loss per share:

 

   June 30, 2026   June 30, 2025   June 30, 2026   June 30, 2025 
   Three months ended   Six months ended 
   June 30, 2026   June 30, 2025   June 30, 2026   June 30, 2025 
                 
Numerator:                    
Net loss  $(3,902,894)  $(3,704,438)  $(9,137,586)  $(7,514,138)
Denominator:                    
Weighted average shares outstanding   11,063,807    6,319,817    10,492,494    5,811,684 
Net loss per share, basic and diluted  $(0.35)  $(0.59)  $(0.87)  $(1.29)
SCHEDULE OF ANTI-DILUTIVE EFFECT

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have had an anti-dilutive effect:

 

   June 30, 2026   June 30, 2025 
Restricted Stock options   16,923    36,195 
Restricted Stock Units   99,680    168,603 
Performance Stock units   50,658    50,658 
Sponsor Earnout Shares (Note 4)*   -    - 
Public warrants   486,413    486,413 
Private warrants   556,666    556,666 
Inducement warrants   -    958,400 
Short term loan warrants   86,591    86,591 
Private placement warrants   6,425    6,425 
2025 Convertible notes shares   698,989    - 
2025 Convertible notes warrants   411,245    - 

 

* The Sponsor Earnout Shares (as defined in the Business Combination Agreement) were not included for purposes of calculating the number of diluted shares outstanding as of June 30, 2026, as the Sponsor Earnout Shares remain contingently forfeitable, as the conditions have not been met.