Equity (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Equity [Line Items] |
|
| Schedule of Stock Option Activity |
Stock
option activity for the six months ended June 30, 2026 was as follows:
| | |
Number of
Options | | |
Weighted
Average
Exercise
Price | |
| Outstanding at January 1, 2026 | |
| 41,169 | | |
$ | 79.43 | |
| Granted | |
| 2,150,000 | | |
| 0.28 | |
| Expired | |
| (1,333 | ) | |
| (44.48 | ) |
| Outstanding at June 30, 2026 | |
| 2,189,836 | | |
$ | 1.74 | |
| Options exercisable at June 30, 2026 | |
| 1,691,780 | | |
$ | 2.17 | |
| Options expected to vest | |
| 498,056 | | |
$ | 0.28 | |
|
| Schedule of Nonvested Stock Options Granted |
A
summary of the status of the Company’s nonvested stock options granted as of June 30, 2026 and changes during the six months ended
June 30, 2026 is presented below:
| | |
Number of
Options | | |
Weighted
Average
Exercise
Price | |
| Nonvested at January 1, 2026 | |
| - | | |
$ | - | |
| Granted | |
| 2,150,000 | | |
| 0.28 | |
| Vested | |
| (1,651,944 | ) | |
| (0.28 | ) |
| Nonvested at June 30, 2026 | |
| 498,056 | | |
$ | 0.28 | |
|
| Schedule of Stock Warrant Activity |
Stock
warrant activity for the six months ended June 30, 2026 was as follows:
| | |
Number of
Warrants | | |
Weighted
Average
Exercise
Price | |
| Outstanding at January 1, 2026 | |
| 95,746 | | |
$ | 24.06 | |
| Repricing adjustment | |
| 1,776,445 | | |
$ | 0.33 | |
| Granted | |
| 13,063,728 | | |
$ | 0.51 | |
| Exercised | |
| (1,733,571 | ) | |
$ | (0.33 | ) |
| Outstanding at June 30, 2026 | |
| 13,202,348 | | |
$ | 0.64 | |
| Exercisable at June 30, 2026 | |
| 13,202,348 | | |
$ | 0.64 | |
|
| Schedule of Number of Pre-Funded Warrants Outstanding |
The
number of pre-funded warrants outstanding as of June 30, 2026 is as follows:
| Description | |
Number
Outstanding | | |
Weighted
Average
Exercise
Price | |
| Pre-funded warrants issued in December 2024 | |
| 150,000 | | |
$ | 0.01 | |
| Pre-funded warrants issued in February 2026 | |
| 3,341,000 | | |
$ | 0.0001 | |
| Outstanding at June 30, 2026 | |
| 3,491,000 | | |
$ | 0.0005 | |
|
| Schedule of Pre-Funded Warrant Activity |
A
summary of pre-funded warrant activity during the six months ended June 30, 2026 is as follows:
| | |
Number of
Pre-Funded
Warrants | | |
Weighted
Average
Exercise
Price | |
| Outstanding at January 1, 2026 | |
| 504,300 | | |
$ | 0.0030 | |
| Pre-funded warrants granted | |
| 5,882,353 | | |
$ | 0.0001 | |
| Pre-funded warrants exercised | |
| (2,895,653 | ) | |
$ | (0.0001 | ) |
| Outstanding at June 30, 2026 | |
| 3,491,000 | | |
$ | 0.0005 | |
|
| Options [Member] |
|
| Equity [Line Items] |
|
| Schedule of Common Stock Issuable Upon Exercise of Warrants Outstanding |
The
following table summarizes the shares of the Company’s common stock issuable upon exercise of options outstanding at June 30, 2026:
| | Options Outstanding | | | Options Exercisable | | | | Range of
Exercise
Price | | | Number
Outstanding
at June 30,
2026 | | | Weighted Average
Remaining
Contractual Life
(Years) | | | Weighted
Average
Exercise
Price | | | Number
Exercisable at
June 30,
2026 | | | Weighted
Average
Exercise
Price | | | $ | 0.28 – 31.20 | | | | 2,164,219 | | | | 3.00 | | | $ | 0.31 | | | | 1,666,163 | | | $ | 0.32 | | | $ | 48.75 – 123.00 | | | | 18,117 | | | | 0.73 | | | $ | 79.87 | | | | 18,117 | | | $ | 79.87 | | | $ | 154.50 – 228.00 | | | | 7,500 | | | | 3.57 | | | $ | 226.43 | | | | 7,500 | | | $ | 226.43 | | | $ | 0.28 – 228.00 | | | | 2,189,836 | | | | 2.98 | | | $ | 1.74 | | | | 1,691,780 | | | $ | 2.17 | |
|
| Warrants [Member] |
|
| Equity [Line Items] |
|
| Schedule of Common Stock Issuable Upon Exercise of Warrants Outstanding |
The
following table summarizes the shares of the Company’s common stock issuable upon exercise of warrants outstanding at June 30,
2026:
| | Warrants Outstanding | | | Warrants Exercisable | | | | Range of
Exercise
Price | | | Number
Outstanding at
June 30,
2026 | | | Weighted Average
Remaining
Contractual Life
(Years) | | | Weighted
Average
Exercise
Price | | | Number
Exercisable at
June 30,
2026 | | | Weighted
Average
Exercise
Price | | | $ | 0.21 – 0.64 | | | | 13,186,602 | | | | 2.95 | | | $ | 0.51 | | | | 13,186,602 | | | $ | 0.51 | | | $ | 9.75 – 37.50 | | | | 6,593 | | | | 2.85 | | | $ | 14.26 | | | | 6,593 | | | $ | 14.26 | | | $ | 67.50 | | | | 889 | | | | 1.93 | | | $ | 67.50 | | | | 889 | | | $ | 67.50 | | | $ | 187.50 | | | | 8,264 | | | | 0.81 | | | $ | 187.50 | | | | 8,264 | | | $ | 187.50 | | | $ | 0.21 – 187.50 | | | | 13,202,348 | | | | 2.95 | | | $ | 0.64 | | | | 13,202,348 | | | $ | 0.64 | |
|