v3.26.1
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
STOCK-BASED COMPENSATION  
Schedule of the company's stock option activity

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Weighted Average

Remaining

Weighted Average 

Contractual

  ​ ​ ​

Number of Shares

  ​ ​ ​

Exercise Price

  ​ ​ ​

Total Intrinsic Value

  ​ ​ ​

Life (in years)

Outstanding as of December 31, 2025

 

1,762,878

$

7.77

$

563,368

8.5

Granted

30,000

1.41

9.9

Exercised

Canceled/Expired

 

Outstanding as of June 30, 2026

 

1,792,878

$

7.66

$

541,911

8.1

Options vested and exercisable

 

598,005

$

20.85

$

20,469

5.8

Schedule of weighted average assumptions used in calculating the fair values of stock options that were granted

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For the Six Months

 

Ended June 30, 2026

 

Exercise price

$

1.41

Expected term (years)

 

5.5

Expected stock price volatility

 

106.89

%

Risk-free rate of interest

 

4.29

%

Expected dividend rate

 

%

Schedule of stock-based compensation expenses

  ​ ​ ​

For the Three Months Ended

 

For the Six Months Ended

June 30, 

 

June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Stock Compensation expenses:

 

  ​

 

  ​

  ​

 

  ​

Research and development

$

343

$

1,628

$

798

$

307,137

General and administrative

 

195,392

 

12,358

 

373,359

 

85,993

Total stock compensation expenses

$

195,735

$

13,986

$

374,157

$

393,130