v3.26.1
Capital Stock (Tables)
6 Months Ended
Jun. 30, 2026
Capital Stock [Abstract]  
Schedule of Non-Qualified Stock Option

A summary of the Company’s non-qualified stock option activity is as follows:

 

    Total
Options
    Weighted
Average
Exercise
Price Per
Share
    Total
Weighted
Average
Remaining
Contractual
Life
 
Options outstanding, December 31, 2025     2,969,860     $ 1.72       6.77  
Granted     602,936       2.76       10.0  
Exercised     -       -       -  
Forfeited     -       -       -  
Expired     -       -       -  
Options outstanding, June 30, 2026     3,572,796     $ 1.89       6.85  
Options exercisable, June 30, 2026     2,826,085     $ 1.68       6.36  
Schedule of Assumptions were Used to Calculate Share-based Compensation Expense The service period is generally the vesting period. The following assumptions were used to calculate share-based compensation expense for six months ended June 30, 2026:

 

Exercise price   $ 1.88 - $3.39  
Share price   $ 1.88 - $2.95  
Volatility     74.10% – 86.8 %
Risk-free interest rate     3.63% - 4.03 %
Dividend yield     0.0  
Expected term     5.00 - 6.08 years  
Schedule of Warrant Activity

A summary of the Company’s warrant activity is as follows:

 

    Warrants     Weighted
Average
Exercise
Price Per
Share
    Total
Weighted
Average
Remaining
Contractual
Life
 
Warrants outstanding, December 31, 2025     64,966     $ 7.99       1.51  
Granted     3,591,206       11.37       2.33  
Exercised     -       -       -  
Forfeited/Expired     -       -       -  
Warrants outstanding, June 30, 2026     3,656,172       2.33       0.68  
Warrants exercisable, June 30, 2026     3,656,172     $ 2.33       0.68  
Schedule of Warrant Values

The following assumptions were used to calculate the warrant values:

 

Exercise price $ 2.25 - $13.70  
Share price $ 1.62 -$11.42  
Volatility   72.1% - 96.6 %
Risk-free interest rate   3.43% - 4.13 %
Dividend yield   0.0  
Expected term   1.0 to 5.0 years