v3.26.1
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF STOCK OPTIONS ACTIVITY

A summary of all stock option activity as of and for six months ended June 30, 2026 is presented below:

 

   # of Options  

Weighted-Average

Remaining Life (Years)

  

Weighted-Average

Exercise Price

  

Aggregate Intrinsic

Value (in millions)

 
Outstanding as of December 31, 2024   104    0.2   $304.34   $- 
Options granted   1,552,000         0.94      
Options forfeited from 2016 Plan   (75)        (304.39)     
Outstanding as of December 31, 2025   1,552,029    9.4   $0.95   $1.2 
Options granted   698,000         2.01      
Options exercised   (1,875)        (0.92)     
Options forfeited   (3,125)        (0.92)     
Outstanding as of June 30, 2026   2,245,029    9.1   $1.28   $0.4 
Exercisable as of June 30, 2026   1,016,978                 9.0   $1.18   $0.2 
SCHEDULE OF FAIR VALUE OF OPTIONS

The following assumptions were used in the Black-Scholes valuation model for options granted during the six months ended June 30, 2026:

 

Volatility   132-142%
Risk-free interest rate   3.63-4.21%
Expected term (in years)   5.2-5.4 
Expected dividend yield   - 
Exercise price of common stock  $1.21-2.85 
Restricted Stock Awards RSA [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SUMMARY OF ALL RSU ACTIVITY

A summary of all RSA activity as of and for the six months ended June 30, 2026 is presented below:

 

   # of RSAs  

Weighted-Average

Fair Value

 
Unvested as of December 31, 2024   -   $- 
Granted   553,647   $3.58 
Released   (260,482)   (3.76)
Unvested as of December 31, 2025   293,165   $3.42 
Granted   47,010   $1.47 
Released   (200,175)   (3.20)
Forfeited   (31,315)   (3.67)
Unvested as of June 30, 2026   108,685   $2.93
Restricted Stock Units (RSUs) [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SUMMARY OF ALL RSU ACTIVITY

A summary of all RSU activity as of and for the six months ended June 30, 2026 is presented below:

SUMMARY OF ALL RSU ACTIVITY  

   # of RSUs  

Weighted-Average

Fair Value

 
Unvested as of December 31, 2024   -   $- 
RSUs granted   190,000    3.48 
Unvested as of December 31, 2025   190,000   $3.48 
RSUs granted   30,000    1.27 
RSUs released   (100,000)   3.77 
Unvested as of June 30, 2026   120,000   $2.68