v3.26.1
Share Based Compensation
 6 Months Ended
Jun. 30, 2026
Share Based Compensation [Abstract]  
SHARE BASED COMPENSATION

NOTE 5 - SHARE BASED COMPENSATION

 

The following table presents the Company’s stock option activity the six months ended June 30, 2026:

 

    Number of Options     Weighted Average Exercise Price  
Outstanding at December 31, 2025     179,876       13.39  
Granted     156,300       8.07  
Exercised     -       -  
Forfeited or expired     -       -  
Outstanding at June 30, 2026     336,176       10.91  
Number of options exercisable at June 30, 2026     124,678       16.99  

 

The aggregate intrinsic value of the awards outstanding as of June 30, 2026 is $146. These amounts represent the total intrinsic value, based on the Company’s stock price of $5.76 as of June 30, 2026, less the weighted exercise price.

 

The stock options outstanding as of June 30, 2026, have been separated into exercise prices, as follows:

 

  Stock options outstanding     Weighted average remaining contractual life – years     Stock options exercisable  
Exercise price   As of June 30, 2026  
0.0025     18,000       0.04       18,000  
5.25     82,800       4.72       27,602  
9.50     50,275       1.03       50,275  
25.00     3,975       1.00       3,975  
56.25     24,826       1.00       24,826  
7.88     138,000       5.70       -  
9.49     18,300       5.93       -  
      336,176       4.07       124,678  

 

Compensation expense recorded by the Company in respect of its share-based compensation awards for the six months ended June 30, 2026 and 2025 were $263 and $77, respectively. Share-based compensation awards for the three months ended June 30, 2026 and 2025 were $168 and $67, respectively. These expenses are included in General and Administrative expenses in the Statements of Operations.