v3.26.1
SCHEDULE OF CHANGE IN RESTRICTED STOCK UNITS (Details) - Restricted Stock Units (RSUs) [Member] - shares
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]    
Number of RSUs Outstanding 194,000 572,476
Number of RSUs Outstanding, Granted 135,540 [1] 351,042 [2]
Number of RSUs Outstanding, Vested (27,250) [3] (379,042) [4]
Number of RSUs Outstanding, Expired (40,000) [5] (8,750) [6]
Number of RSUs Outstanding 262,290 535,726
[1] In the six months ended June 30, 2026, 135,540 RSUs were granted to officers and consultants of the Company, with a total grant date fair value of $600,300 as measured at an average $4.43/share trailing to the date the RSU all granted with time-based vesting of four years.
[2] 351,042 RSUs were granted to officers and consultants of the Company, with a total grant date fair value of $1,915,753 as measured at an average $5.46/share trailing to the date the RSU was granted, as follows: (i) 326,042 RSUs which immediately vested upon grant and (ii) 25,000 RSUs with time-based vesting of four years.
[3] In the six months ended June 30, 2026, 27,250 RSUs vested and were settled through the issuance of 27,250 shares of common stock.
[4] 379,042 RSUs vested and were settled through the issuance of 379,042 shares of common stock.
[5] In the six months ended June 30, 2026, 40,000 RSUs were forfeited upon termination or amendment of employment and service agreements with former executives and consultants of the Company.
[6] 8,750 RSUs were forfeited upon termination of employment and service agreements with former executives and consultants of the Company.