v3.26.1
Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Common Stock Options Issued

The following table summarizes the common stock options issued to employees and consultants for services during the six months ended June 30, 2026:

 

   Common Stock Options 
   Shares   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Years
   Intrinsic
Value
 
Outstanding at January 1, 2026   6,771,250   $1.83    4.43    
-
 
Granted   2,117,037   $1.47    4.82    
-
 
Forfeited   (463,750)  $1.86    3.68    
-
 
Exercised   
-
    
-
    
-
    
-
 
Outstanding at June 30, 2026   8,424,537   $1.73    4.09    
-
 
Exercisable at June 30, 2026   2,747,500   $1.85    3.43    
-
 
Schedule of Black-Scholes Option-Pricing Model

The fair value of the options granted during the six months ended June 30, 2026 was estimated at the date of grant using the Black-Scholes option-pricing model with the following assumptions:

 

   June 30,
2026
 
Volatility (based on peer companies)   112%
Risk Free Interest Rate   3.77% – 3.96%
Dividends   None 
Estimated Life in years   4