v3.26.1
Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Stockholders’ Equity [Abstract]  
Schedule of Restricted Stock Activity

A summary of restricted stock activity during the period January 1, 2025 to June 30, 2026 is as follows:

 

   Total
restricted
shares
   Weighted
average
fair market
value per
share
   Total
unvested
restricted
shares
   Weighted
average
fair market
value per
share
   Total
vested
restricted
shares
   Weighted
average
fair market
value per
share
 
Outstanding January 1, 2025   783,167   $1.5000                    -   $-    783,167   $1.50 
Granted and issued   67,500,000    0.0037    -    -    67,500,000    0.0037 
Forfeited/Cancelled   -    -    -    -    -    - 
Vested   -    -    -    -    -    - 
Outstanding December 31, 2025   68,283,167   $0.0207    -   $   -    68,283,167   $0.0207 
Granted and issued   50,000,000    0.0126    -    -    50,000,000    0.0126 
Forfeited/Cancelled   -    -    -    -    -    - 
Vested   -    -    -    -    -    - 
Outstanding June 30, 2026   118,283,167   $0.0173    -   $                -    118,283,167   $0.0173 
Schedule of Expense and Settled Outstanding Liabilities

The restricted stock granted, issued and exercisable at June 30, 2026 is as follows:

 

      Restricted Stock
Granted and Vested
 
Grant date Price     Number Granted     Weighted Average
Fair Value per Share
 
$ 0.0037       67,500,000     0.0037  
$ 0.0126       50,000,000     0.0126  
$ 1.4700       683,167     $ 1.4700  
$ 1.5000       33,333     1.5000  
$ 1.6500       66,667     1.6500  
          118,283,167     $ 0.0173  
Schedule of Expense and Settled Outstanding Liabilities

The Company has recorded an expense and settled outstanding liabilities as follows:

 

Grant date  Number of
shares
granted
   Vesting
terms
  Grant
date
fair value
   Expensed
during the
period
   Liability
settled
 
                        
February 3, 2026   50,000,000   Immediate  $630,000   $553,000   $77,000 
Schedule of Fair Value of the Warrants Granted and Issued

The fair value of the warrants granted and issued, as described above, were determined by using a Black Scholes valuation model using the following assumptions:

 

    Six months  
ended
June 30,
2026
    Year ended
December 31,
2025
 
             
Exercise price   $ 0.005 to 0.02     $ 0.0005 to 0.084  
Risk free interest rate     3.79 to 4.05 %     3.77 to 4.46 %
Expected life of derivative liability     3 to 5 years       1 to 5 years  
Expected volatility of underlying stock     197.25 to 213.6 %     183.1 to 352.45 %
Expected dividend rate     0 %     0 %
Schedule of Warrant Activity

A summary of warrant activity during the period January 1, 2025 to June 30, 2026 is as follows:

 

   Shares
Underlying
Warrants
   Exercise
price per
share
  Weighted
average
exercise
price
 
Outstanding January 1, 2025   22,011,614 $ 0.084 – 5.625   $0.319900 
Granted   55,204,761   0.005 to 0.084    0.00474 
Increase in warrants issued due to anti-dilution price protection   2,157,367,790   0.0005    0.00050 
Forfeited   (1,853,425,066)  0.0005 to $4.50    0.00149 
Exercised   (531,165)  0.0005 to 1.035    0.97430 
Outstanding December 31, 2025   380,627,934 $ 0.0005 – 5.625   $0.01052 
Granted   22,250,000   0.005 to 0.02    0.00612 
Forfeited   (552,438)  0.0005 to 5.625    2.22652 
Exercised   -   -    - 
Outstanding June 30, 2026   402,325,496 $ 0.0005 – 1.5000   $0.00720 
Schedule of Warrants Outstanding and Exercisable

The warrants outstanding and exercisable at June 30, 2026 are as follows:

 

   Warrants Outstanding   Warrants Exercisable 
Exercise Price*  Number
Outstanding
   Weighted
Average
Remaining
Contractual
life in years
   Weighted
Average
Exercise
Price
   Number
Exercisable
   Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual
life in years
 
$ 0.0005   370,285,776    2.76         370,285,776         2.76 
  0.0050   19,800,000    4.53         19,800,000         4.53 
$ 0.0100   5,000,000    4.85         5,000,000         4.85 
$ 0.3450   6,939,718    2.20         6,939,718         2.20 
$ 0.4500   266,668    1.98         266,668         1.98 
$ 1.5000   33,334    2.12         33,334         2.12 
      402,325,496    2.85   $0.0072    402,325,496   $0.0072    2.85 
Schedule of Option Activity

A summary of option activity during the period January 1, 2025 to June 30, 2026 is as follows:

 

   Shares
Underlying
options
   Exercise
price per
share
   Weighted
average
exercise
price
 
Outstanding January 1, 2025   1,513,335    $1.20 to 12.00   $4.47 
Granted   600,000    0.09    0.09 
Forfeited/Cancelled   (333,334)   4.50    4.50 
Exercised   -    -    - 
Outstanding December 31, 2025   1,780,001    $0.09 to 12.00   $2.989 
Granted   -    -    - 
Forfeited/Cancelled   -    -    - 
Exercised   -    -    - 
Outstanding June 30, 2026   1,780,001    $0.09 to 12.00   $2.989 
Schedule of Options Outstanding and Exercisable

The options outstanding and exercisable at June 30, 2026 are as follows:

 

      Options Outstanding     Options Exercisable  
Exercise Price*     Number
Outstanding
    Weighted
Average
Remaining
Contractual
life in years
    Weighted
Average
Exercise
Price
    Number
Exercisable
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
life in years
 
$ 0.09       600,000       8.53               450,000               8.53  
$ 1.20       13,334       6.21               13,334               6.21  
$ 4.50       1,166,667       5.52               1,166,667               5.52  
          1,780,001       6.54     $ 2.989       1,630,001     $ 3.256       6.36