Stock Option Plan and Stock-Based Compensation (Tables)
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6 Months Ended |
Jun. 30, 2026 |
| Stock Option Plan And Stock-based Compensation |
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| Schedule of stock options granted |
| Schedule of stock options granted |
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Number of Options |
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Weighted average exercise price |
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Weighted average remaining contractual term (Years) |
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Weighted average fair value at Grant date |
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Aggregate
Intrinsic Value |
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| Options outstanding at January 1, 2026 |
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|
2,149,550 |
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|
$ |
1.44 |
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|
|
8.01 |
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|
$ |
0.91 |
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|
$ |
- |
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| Granted |
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|
- |
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|
$ |
- |
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|
|
- |
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|
$ |
- |
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|
$ |
- |
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| Exercised |
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|
- |
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$ |
- |
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|
|
- |
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$ |
- |
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|
$ |
- |
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| Forfeited |
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|
- |
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$ |
- |
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|
- |
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$ |
- |
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$ |
- |
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| Options outstanding at March 31, 2026 |
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|
2,149,550 |
|
|
$ |
1.44 |
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|
|
7.76 |
|
|
$ |
0.91 |
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|
$ |
- |
|
| Options vested and exercisable at March 31, 2026 |
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|
1,366,699 |
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|
$ |
1.53 |
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Number of Options |
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|
Weighted average exercise price |
|
|
Weighted average remaining contractual term (Years) |
|
|
Weighted average fair value at Grant date |
|
|
Aggregate Intrinsic Value |
|
| Options outstanding at March 31, 2026 |
|
|
2,149,550 |
|
|
$ |
1.44 |
|
|
|
7.76 |
|
|
$ |
0.91 |
|
|
$ |
- |
|
| Granted |
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|
2,160,000 |
|
|
$ |
0.16 |
|
|
|
9.79 |
|
|
$ |
0.11 |
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|
$ |
- |
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| Exercised |
|
|
- |
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|
$ |
- |
|
|
|
- |
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$ |
- |
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$ |
- |
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| Forfeited |
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(403,332 |
) |
|
$ |
0.79 |
|
|
|
- |
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|
$ |
0.52 |
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|
$ |
- |
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| Options outstanding at June 30, 2026 |
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|
3,906,218 |
|
|
$ |
0.80 |
|
|
|
8.22 |
|
|
$ |
0.51 |
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|
$ |
- |
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| Options vested and exercisable at June 30, 2026 |
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|
1,521,949 |
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|
$ |
1.49 |
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| Schedule of non-cash stock-based compensation expense |
| Schedule of non-cash stock-based compensation expense |
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Three Months Ended June 30, 2026 |
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Six Months Ended June 30, 2026 |
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Three Months Ended June 30, 2025 |
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Six Months Ended June 30, 2025 |
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| Research and development |
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$ |
12 |
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|
$ |
21 |
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$ |
7 |
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$ |
19 |
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| Sales and marketing |
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|
10 |
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19 |
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|
6 |
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|
42 |
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| General and administrative |
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|
76 |
|
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|
153 |
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|
38 |
|
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|
249 |
|
| Total non-cash stock compensation |
|
$ |
98 |
|
|
$ |
193 |
|
|
$ |
51 |
|
|
$ |
310 |
|
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| Schedule of assumptions used |
| Schedule of assumptions used |
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June 30, 2026 |
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|
June 30, 2025 |
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| Risk-free interest rate |
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|
3.92 |
% |
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|
4.08 |
% |
| Expected life of option grants |
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|
6 Years |
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|
6 Years |
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| Expected volatility of underlying stock |
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|
87.20 |
% |
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|
54.62 |
% |
| Dividends assumption |
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|
0 |
% |
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|
0 |
% |
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| Schedule of fair value of stock options |
| Schedule of fair value of stock options |
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Shares |
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Weighted Average Grant Date Fair Value |
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| Outstanding at January 1, 2026 |
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1,061,500 |
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|
$ |
1.25 |
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| Granted |
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|
- |
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$ |
- |
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| Vested |
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(11,500 |
) |
|
$ |
1.33 |
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| Forfeited |
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|
- |
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|
$ |
- |
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| Outstanding at March 31, 2026 |
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|
1,050,000 |
|
|
$ |
1.24 |
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| |
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Shares |
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|
Weighted Average Grant Date Fair Value |
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| Outstanding at March 31, 2026 |
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|
1,050,000 |
|
|
$ |
1.24 |
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| Granted |
|
|
3,037,386 |
|
|
$ |
0.26 |
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| Vested |
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|
(1,000,000 |
) |
|
$ |
1.00 |
|
| Forfeited |
|
|
- |
|
|
$ |
- |
|
| Outstanding at June 30, 2026 |
|
|
3,087,386 |
|
|
$ |
0.35 |
|
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| Schedule of non-cash stock-based compensation expenses related to restricted stock units |
| Schedule of non-cash stock-based compensation expenses related to restricted stock units |
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Three Months ended June 30, 2026 |
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Six Months ended
June 30, 2026 |
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Three Months ended June 30, 2025 |
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Six Months ended June 30, 2025 |
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| Research and development |
|
$ |
- |
|
|
$ |
1 |
|
|
$ |
281 |
|
|
$ |
383 |
|
| Sales and marketing |
|
|
- |
|
|
|
1 |
|
|
|
141 |
|
|
|
193 |
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| General and administrative |
|
|
322 |
|
|
|
616 |
|
|
|
281 |
|
|
|
492 |
|
| Total non-cash stock compensation |
|
$ |
322 |
|
|
$ |
618 |
|
|
$ |
703 |
|
|
$ |
1,068 |
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