v3.26.1
Stockholders' Deficit (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Stockholders’ Deficit [Abstract]    
Schedule of Warrants Granted Using the Black-Scholes Valuation Model

The Company estimated the fair value of the warrants granted during the three and six months ended June 30, 2026 and 2025 using the Black-Scholes valuation model with the following assumptions:

 

    Three Months Ended   Six Months Ended
    June 30,   June 30,
    2026   2025   2026   2025
Risk-free interest rate   4.16%-4.26%   N/A   3.58%-4.26%   4.25%-4.37%
Expected term (years)   3.68-5.00   N/A   3.68-5.00   1.50-7.00
Expected volatility   81.5%-84.2%   N/A   80.5%-84.2%   86.0%-98.0%
Expected dividends   0%   N/A   0%   0%

The Company estimated the fair value of the warrants granted using the Black-Scholes valuation model with the following assumptions:

 

    For the Years Ended
    December 31,
    2025   2024
         
Risk-free interest rate   3.64% - 4.37%   N/A
Expected term (years)   1.00 - 7.00   N/A
Expected volatility   86.0% - 108.0%   N/A
Expected dividends   0.00%   N/A
Schedule of Information Related to Warrants

The following table presents information related to warrants as of June 30, 2026:

 

Class of Warrants   Quantity     Exercise Price     Expiration Date
Investor A     915,764     $ 4.40     9/30/2026
Investor B     544,283     $ 6.55     2/11/2030
Placement Agent     270,204     $ 4.40     2/11/2032
Investor A     319,528     $ 4.40     9/30/2026
Investor B     160,910     $ 6.55     3/31/2030
Placement Agent     79,882     $ 4.40     3/30/2032
Original     56,815     $ 4.40     2/11/2030
Exchange     75,755     $ 3.30     2/11/2030
Placement Agent     38,240     $ 5.00     6/9/2031
Total     2,461,381              

The following table presents information related to warrants as of December 31, 2025:

 

Class of Warrants   Quantity     Exercise
Price
    Expiration
Date
Investor A     1,080,814     $ 4.40     2/11/2026
Investor B     542,462     $ 6.575     2/11/2026
Placement Agent     270,204     $ 4.40     2/11/2032
Investor A     319,528     $ 4.40     3/31/2026
Investor B     160,372     $ 6.575     3/31/2030
Placement Agent     79,882     $ 4.40     3/31/2032
Original     56,815     $ 4.40     2/11/2030
Exchange     75,755     $ 3.30     2/11/2030
Placement Agent     20,000     $ 5.00     12/23/2032
                     
Total     2,605,832