Note 7 - Warrants

On August 31, 2022, the Company issued an aggregate of 150,000 warrants to purchase shares of its common stock to John P. O’Shea (37,129 warrants), Marika Tonay (734 warrants), and Jonathan Braun (112,137 warrants) in consideration for services rendered. On August 31, 2022, John P. O’Shea transferred 18,564 of his warrants to Jennifer L. O’Shea and retained the remaining 18,565 warrants. The warrants vested immediately upon issuance, are exercisable at a price of $1.20 per share, and expire on August 31, 2027.

As of June 30, 2026, and December 31, 2025, an aggregate of 150,000 warrants to purchase shares of the Company’s common stock remained outstanding.

No warrants were exercised, modified, or cancelled during the three and six months ended June 30, 2026, and the year ended December 31, 2025. Accordingly, the Company did not recognize any stock-based compensation expense related to these warrants.

 Schedule of Outstanding Warrants

As of June 30, 2026, the weighted average remaining contractual life of the warrants was approximately 1.2 years.