v3.26.1
Shareholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Shareholders’ Equity [Abstract]  
Schedule of Preferred Share Transactions

The following table summarizes the preferred share transactions, as disclosed on our Condensed Consolidated Statement of Changes in Shareholders’ Equity:

 

    Three months ended     Six months ended  
    June 30,     June 30,  
    2026     2025     2026     2025  
    Shares     Amount     Shares     Amount     Shares     Amount     Shares     Amount  
                                                 
Series A Preferred Share                                                
Balance at beginning of period     1,000,000     $ 11,868          -     $     -       -     $ -          -     $     -  
Sale of preferred shares     -       -       -       -       1,000,000       11,868       -       -  
Balance at end of period     1,000,000     $ 11,868       -     $ -       1,000,000     $ 11,868       -     $ -  
                                                                 
Series B Preferred Share                                                                
Balance at beginning of period     1,000,000     $ 11,868       -     $ -       -     $ -       -     $ -  
Sale of preferred shares     -       -       -       -       1,000,000       11,868       -       -  
Balance at end of period     1,000,000     $ 11,868       -     $ -       1,000,000     $ 11,868       -     $ -  
                                                                 
Series C Preferred Share                                                                
Balance at beginning of period     1,000,000     $ 11,868       -     $ -       -     $ -       -     $ -  
Sale of preferred shares     -       -       -       -       1,000,000       11,868       -       -  
Balance at end of period     1,000,000     $ 11,868       -     $ -       1,000,000     $ 11,868       -     $ -  
                                                                 
Series D Preferred Share                                                                
Balance at beginning of period     -     $ -       -     $ -       -     $ -       -     $ -  
Sale of preferred shares     1,000,000       11,744       -       -       1,000,000       11,744       -       -  
Balance at end of period     1,000,000     $ 11,744       -     $ -       1,000,000     $ 11,744       -     $ -  
                                                                 
Series E Preferred Share                                                                
Balance at beginning of period     -     $ -       -     $ -       -     $ -       -     $ -  
Sale of preferred shares     1,000,000       11,744       -       -       1,000,000       11,744       -       -  
Balance at end of period     1,000,000     $ 11,744       -     $ -       1,000,000     $ 11,744       -     $ -  
                                                                 
Total                                                                
Balance at beginning of period     3,000,000     $ 35,604       -     $ -       -     $ -       -     $ -  
Balance at end of period     5,000,000     $ 59,092       -     $ -       5,000,000     $ 59,092       -     $ -  
Schedule of Summary of Activity

A summary of activity during the six months ended June 30, 2026, as follows:

 

    Stock
options
    Weighted-
Average
    Weighted-
Average
 
    Outstanding     Exercise Price     Life (years)  
Balance as of December 31, 2025     449,480     $ 29.50       8.86  
Grants     -       -       -  
Forfeited     (86,229 )     10.71       -  
Cancelled     (19,382 )     125.51       -  
Expired     -       -       -  
Balance as of June 30, 2026     343,869     $ 28.80       8.64  
                         
Exercisable as of June 30, 2026     323,527     $ 29.59       8.63  
Expected to vest     20,342     $ 16.16       2.83  
Schedule of Summary of Activity Regarding Warrants Excluding Pre-funded Warrants

A summary of activity regarding warrants excluding pre-funded warrants issued as follows:

 

    Warrant     Weighted-
Average
    Weighted-
Average
 
    Outstanding     Exercise Price     Life (years)  
Balance as of December 31, 2025     8,805,020     $ 2.30       2.57  
Grants     -       -       -  
Exercised     (8,700,854 )     1.75       -  
Expired     -       -       -  
Balance as of June 30, 2026     104,166     $ 48.00       2.38