The
following table represents option activity for the six months ended June 30, 2026:
SCHEDULE OF OPTION ACTIVITY
| | |
Number of
Options | | |
Weighted
Average
Exercise
Price | | |
Weighted
Average
Remaining
Contractual
Life
in Years | | |
Aggregate
Intrinsic
Value | |
| Outstanding – December 31, 2025 | |
| 2,011,024 | | |
$ | 12.45 | | |
| 3.34 | | |
$ | 15,178,592 | |
| Exercisable – December 31, 2025 | |
| 1,679,224 | | |
$ | 12.38 | | |
| 2.92 | | |
$ | 12,788,592 | |
| Granted | |
| 202,000 | | |
$ | 20.00 | | |
| | | |
| | |
| Forfeited | |
| 200,000 | | |
$ | 7.00 | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | |
| Vested | |
| 1,479,224 | | |
| | | |
| | | |
| | |
| Outstanding – June 30, 2026 | |
| 2,013,024 | | |
$ | 13.75 | | |
| 3.87 | | |
$ | 12,578,592 | |
| Exercisable – June 30, 2026 | |
| 1,479,224 | | |
$ | 13.11 | | |
| 2.80 | | |
$ | 10,188,592 | |
|