v3.26.1
WARRANTS (Tables)
6 Months Ended
Jun. 30, 2026
WARRANTS  
Schedule of warrants exercisable for common shares

 

 

Number of Warrants

 

 

Weighted- Average

Exercise Price

 

Balances as of December 31, 2024

 

 

713,530

 

 

$2.00

 

Granted

 

 

1,000,444

 

 

 

1.00

 

Adjusted

 

 

570,000

 

 

 

1.00

 

Redeemed

 

 

-

 

 

 

-

 

Exercised

 

 

(103,750)

 

 

1.00

 

Forfeited

 

 

-

 

 

 

-

 

Balances as of December 31, 2025

 

 

2,180,224

 

 

$2.00

 

Granted

 

 

916,668

 

 

 

0.12

 

Adjusted

 

 

390,000

 

 

 

0.20

 

Redeemed

 

 

-

 

 

 

-

 

Exercised

 

 

(155,334)

 

 

0.97

 

Forfeited

 

 

-

 

 

 

-

 

Balances as of June 30, 2026

 

 

3,331,558

 

 

$2.08

 

Schedule of weighted-average assumptions

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

2026

 

 

2025

 

Exercise price

 

$0.12

 

 

$1.00

 

Expected term

 

5 years

 

 

5 years

 

Expected average volatility

 

3401

%

 

398% - 417

%

Expected dividend yield

 

 

-

 

 

 

-

 

Risk-free interest rate

 

 

4.12%

 

3.72% - 4.08

Schedule of outstanding and exercisable warrants

Warrants Outstanding

 

 

Warrants Exercisable

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

 

Number

 

 

Remaining Contractual

 

 

Weighted Average

 

 

Number

 

 

Weighted Average

 

of Shares

 

 

life (in years)

 

 

Exercise Price

 

 

of Shares

 

 

Exercise Price

 

 

3,331,558

 

 

 

2.63

 

 

$2.08

 

 

 

-

 

 

$-