v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Stockholders’ Equity [Abstract]  
Schedule of Expected Option Term and Expected Volatility The simplified method was used for the expected option term and expected volatility was based on historical volatility:
    2025 
Dividend rate   
-
 
Estimated expected term (in years)   3.5 to 6 years 
Volatility   182.9% to 189.1% 
Risk—free interest rate   4.02% to 4.59% 
Schedule of Stock Option Activity

The following is a summary of the Company’s stock option activity for the six months ended June 30, 2026 as presented below:

 

   Number of
Options
   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Contractual
Life (Years)
 
Balance on December 31, 2025   691,820   $23.94    5.69 
Granted   
-
    
-
    - 
Cancelled   
-
    
-
    - 
Balance on June 30, 2026   691,820   $23.94    5.20 
Options exercisable on June 30, 2026   333,070   $45.44    4.67 
Weighted average fair value of options granted during the six months ended June 30, 2026       $
-
      
Schedule of Outstanding Stock Warrants

A summary of the Company’s outstanding stock warrants, including 44,252 Series A public warrants, is presented below: 

 

   Number of
Warrants
   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Contractual
Life (Years)
 
Balance on December 31, 2025   127,385   $28.35    2.23 
Granted   200,000    2.00    - 
Exercised   
-
    
-
    - 
Balance on June 30, 2026   327,385   $12.25    1.70 
Warrants exercisable on June 30, 2026   327,385   $12.25    1.70