v3.26.1
Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

The following table summarizes stock-based activities under the 2017 Plan, 2019 Plan, and 2023 Stock Incentive Plans:

 

       Weighted   Weighted 
   Shares   Average   Average 
   Underlying   Exercise   Contractual 
   Options   Price   Terms 
             
Outstanding at December 31, 2025   657,042   $4.32    9.5 years 
Forfeited   (879)  $1,626.87    N/A 
Outstanding at June 30, 2026   656,163   $2.04    9.1 years 
                
Exercisable options at June 30, 2026   656,163   $2.04    9.1 years 
                
Vested and expected to vest at June 30, 2026   656,163   $2.04    9.1 years 
Schedule of Options Weighted Average Assumptions

Stock options granted during the six months ended June 30, 2026 and 2025 were valued using the Black-Scholes option-pricing model with the following weighted-average assumptions:

 

   For the six months ended June 30, 
   2026   2025 
         
Expected volatility   N/A    102.3%
Risk-free interest rate   N/A    4.61%
Expected dividend yield   N/A    0%
Expected life of options in years   N/A    5.0 
Estimated fair value of options granted   N/A    1.5 
Schedule of Stock-Based Compensation Expense

Total stock-based compensation expense included in the accompanying consolidated statements of operations was as follows:

 

             
   For the three months ended June 30,   For the six months ended June 30, 
   2026   2025   2026   2025 
Discontinued Operations  $-   $262,033   $-   $355,898 
General and administrative   69,857    305,603    32,329,614    430,917 
Total stock-based compensation  $69,857   $567,636   $32,329,614   $786,815 
Schedule of Warrants

Terms of the warrants outstanding at June 30, 2026 are as follows:

 

   Initial  Expiration  Exercise   Warrants   Warrants   Warrants 
Issuance Date  Exercise Date  Date  Price   Issued   Exercised   Outstanding 
                       
January 14, 2022  July 10, 2022  January 11, 2027  $1,875.00    500    -    500 
                           
May 2, 2023  November 2, 2023  May 2, 2028  $234.375    424    -    424 
                           
November 30, 2023  May 27, 2024  May 2, 2028  $18.75    20,000    -    20,000 
                           
June 21, 2024  June 21, 2024  N/A  $0.001    452,253    452,253    - 
                           
June 21, 2024  June 21, 2024  December 21, 2029  $3.09    329,771    229,430    100,341 
                           
June 21, 2024  June 21, 2024  December 21, 2029  $3.06    39,573    -    39,573 
                           
December 9, 2024  December 9, 2024  N/A  $0.001    491,157    491,157    - 
                           
December 9, 2024  June 9, 2025  December 9, 2030  $2.03    480,721    317,673    163,048 
                           
December 9, 2024  June 9, 2025  December 9, 2030  $2.031    57,687    -    57,687 
                           
June 20, 2025  June 20, 2025  N/A  $0.001    137,838    137,838    - 
                           
June 20, 2025  December 20, 2025*  June 20, 2031*  $1.29    1,689,189    891,895    797,294 
                           
June 20, 2025  December 20, 2025*  June 20, 2031*  $3.00    844,570    114,862    729,708 
                           
June 20, 2025  December 20, 2025  June 20, 2031  $1.29    118,243    6,739    111,504 
                           
June 20, 2025  December 20, 2025  June 20, 2031  $3.00    59,119    -    59,119 
                           
July 25, 2025  July 25, 2025  N/A  $0.001    559,910    559,910    - 
                           
July 25, 2025  January 25, 2026*  July 25, 2031*  $1.66    974,241    288,350    685,891 
                           
July 25, 2025  July 25, 2025  N/A  $0.001    103,490    103,490    - 
                           
July 25, 2025  January 25, 2026*  July 25, 2031*  $1.52    744,680    699,088    45,592 
                           
July 25, 2025  January 25, 2026  July 25, 2031  $1.66    52,128    2,971    49,157 
                           
August 26, 2025  August 26, 2026  N/A  $0.001    983,111    983,111    - 
                           
November 6, 2025  November 6, 2025  N/A  $0.001    6,351,021    -    6,351,021 
                           
November 6, 2025  November 6, 2025  N/A  $0    145,105,094    27,358,876    117,746,218 
                           
November 6, 2025  January 30, 2026  January 30, 2031  $0.001    10,318,215    1,547,732    8,770,483 
                           
January 21, 2026  January 21, 2026  N/A  $0.0001    17,000,000    -    17,000,000 

 

* The exercise and expiration dates for the referenced common warrants were amended in October 2025 to reflect an exercise date of October 1, 2025.