COMMON STOCK OPTIONS, WARRANTS AND RESTRICTED STOCK (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
| Share-Based Payment Arrangement [Abstract] |
|
| Schedule of options activity |
| Schedule
of options activity | | |
| | |
| | |
| | |
| |
| | | |
Shares | | |
Weighted Average Exercise Price | | |
Weighted Average Remaining Contractual Term (Years) | | |
Aggregate Intrinsic Value | |
| | Outstanding at December 31, 2025 | | |
| 355,003 | | |
$ | 5.00 | | |
| 1.8 | | |
$ | 2,219,665 | |
| | Granted | | |
| 5,000 | | |
$ | 11.44 | | |
| 4.8 | | |
$ | — | |
| | Exercised | | |
| (119,581 | ) | |
$ | 4.74 | | |
| — | | |
$ | — | |
| | Forfeited/Expired | | |
| (36,666 | ) | |
$ | 4.20 | | |
| — | | |
$ | — | |
| | Outstanding at June 30, 2026 | | |
| 203,756 | | |
$ | 5.45 | | |
| 1.4 | | |
$ | 1,334,146 | |
| | Exercisable at June 30, 2026 | | |
| 192,089 | | |
$ | 5.29 | | |
| 1.2 | | |
$ | 1,288,965 | |
|
| Schedule of fair value of warrants |
| Schedule of fair value of warrants | |
| | |
| |
| | |
During the Six Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Stock price | |
$ | 11.25 | | |
$ | — | |
| Exercise Price | |
$ | 11.44 | | |
$ | — | |
| Risk free interest rate | |
| 3.55 | % | |
| — | |
| Expected term in years | |
| 5 | | |
| — | |
| Dividend yield | |
| — | | |
| — | |
| Volatility of common stock | |
| 93.67 | % | |
| — | |
|
| Schedule of assumptions |
| Schedule of assumptions | |
| |
| Date of Grant | |
March 2, 2026 | |
| Stock Price | |
$ | 7.61 | |
| Exercise Price | |
$ | 9.00 | |
| Expected Remaining Term (Years) | |
| 5.00 | |
| Expected Volatility | |
| 92 | % |
| Dividend Yield | |
| 0 | % |
| Discount Rate - Bond Equivalent Yield | |
| 3.620 | % |
|
| Schedule of warrants |
| Schedule of warrants | |
| | |
| | |
| | |
| |
| | |
Number of Warrants | | |
Weighted Average Exercise Price | | |
Weighted Average Remaining Contractual Term (Years) | | |
Aggregate Intrinsic Value | |
| Outstanding at December 31, 2025 | |
| 375,276 | | |
$ | 7.20 | | |
| 4.6 | | |
$ | 1,519,868 | |
| Warrants expired, forfeited, cancelled or exercised | |
| (75,054 | ) | |
$ | 7.20 | | |
| 4.1 | | |
$ | — | |
| Warrants issued | |
| 433,334 | | |
$ | 9.00 | | |
| 5.0 | | |
$ | — | |
| Outstanding at June 30, 2026 | |
| 733,556 | | |
$ | 8.26 | | |
| 4.4 | | |
$ | 2,741,068 | |
| Exercisable at June 30, 2026 | |
| 733,556 | | |
$ | 8.26 | | |
| 4.4 | | |
$ | 2,741,068 | |
|
| Schedule of Pre-funded warrants |
| Schedule of Pre-funded warrants | |
| | |
| |
| | |
Number of Pre-funded Warrants | | |
Exercise Price | |
| Outstanding at December 31, 2025 | |
| — | | |
$ | — | |
| Pre-funded warrants issued | |
| 3,800,000 | | |
$ | 0.001 | |
| Outstanding at June 30, 2026 | |
| 3,800,000 | | |
$ | 0.001 | |
| Exercisable at June 30, 2026 | |
| 3,800,000 | | |
$ | 0.001 | |
|
| Schedule of restricted stock |
| Schedule of restricted stock | |
| | |
| |
| | |
Number of Shares | | |
Weighted Average Grant Date Fair Value Per Share | |
| Unvested at December 31, 2025 | |
| 1,964,398 | | |
$ | 6.15 | |
| Restricted stock granted | |
| 420,000 | | |
$ | 10.70 | |
| Restricted stock forfeited | |
| (417,277 | ) | |
$ | 7.95 | |
| Restricted stock vested | |
| (10,000 | ) | |
$ | 5.98 | |
| Unvested at June 30, 2026 | |
| 1,957,121 | | |
$ | 6.74 | |
| Vested at June 30, 2026 | |
| 30,000 | | |
$ | 5.47 | |
|