v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF RESERVED SHARES OF COMMON STOCK

The Company has reserved shares of Class A common stock for issuance related to the following as of June 30, 2026:

 

      
Warrants to purchase Class A common stock   18,000,000 
Employee stock purchase plan   1,000,000 
Vested RSUs - Contractors   459,782 
Vested RSUs — Board Members and Employees   6,685,100 
Unvested RSUs — Board Members and Employees   3,379,202 
Stock options and RSUs, authorized for future issuance, increased by 5% January 1st   2,641,823 
Total shares reserved   32,165,907 
SCHEDULE OF UNVESTED RESTRICTED STOCK UNITS ACTIVITY

A summary of RSU activity for the six months ended June 30, 2026, under the 2025 Plan is as follows:

 

       Weighted 
       Average 
   Number of   Grant Date 
   RSUs   Fair Value 
Unvested as of December 31, 2025   4,798,167   $12.03 
Granted   9,716,702    0.27 
Vested and released   (6,693,380)   0.47 
Cancelled or forfeited   (4,442,287)   9.50 
Unvested as of June 30, 2026   3,379,202   $1.96 
Contractors [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF UNVESTED RESTRICTED STOCK UNITS ACTIVITY

A summary of RSU activity for contractors for the six months ended June 30, 2026, under the 2025 Plan is as follows:

 

   Number of
RSUs
   Weighted
Average
Grant Date
Fair Value
 
Unvested as of December 31, 2025   693,895   $1.61 
Granted   -    - 
Vested   (459,782)   1.61 
Cancelled or forfeited   (234,113)   1.61 
Unvested as of June 30, 2026   -    -