v3.26.3
STOCK OPTIONS (Tables)
12 Months Ended
Dec. 31, 2025
STOCK OPTIONS  
Schedule of stock option activity

 

 

Options outstanding

 

 

 

Number

 

 

Weighted average

exercise price

 

 

Weighted average

remaining contractual

life (in years)

 

Outstanding January 1, 2023

 

 

6,080,000

 

 

$1.76

 

 

 

2.92

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

Cancelled

 

 

(580,000 )

 

 

1.33

 

 

 

-

 

Granted

 

 

850,000

 

 

 

0.79

 

 

 

9.93

 

Outstanding December 31, 2023

 

 

6,350,000

 

 

$1.67

 

 

 

2.65

 

Expired

 

 

 

 

 

 

-

 

 

 

-

 

Cancelled

 

 

-

 

 

 

-

 

 

 

-

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding December 31, 2024

 

 

6,350,000

 

 

$1.67

 

 

 

1.65

 

Expired

 

 

(5,250,000 )

 

 

1.74

 

 

 

-

 

Cancelled

 

 

-

 

 

 

-

 

 

 

-

 

Granted

 

 

13,275,000

 

 

 

0.81

 

 

 

9.07

 

Outstanding December 31, 2025

 

 

14,375,000

 

 

$0.85

 

 

 

8.90

 

Options exercisable

 

 

13,775,000

 

 

$0.85

 

 

 

8.94

 

Schedule of weighted average assumtion using binomial option pricing model

Description

 

2025

 

 

2024

 

2023

 

Share price

 

$

-

 

 

$

-

 

 

$

1.30~0.40

 

Exercise price

 

$

-

 

 

$

-

 

 

$

 0.30

 

Risk-free interest rate

 

 

-

%

 

 

-

%

 

 

2.93~3.57

%

Expected volatility

 

 

-

%

 

 

-

%

 

 

116.39%~119.84

%

Expected option life in years

 

 

-

Yrs

 

 

-

Yrs

 

 

10.

Yrs

Expected dividend yield

 

 

-

 

 

 

-

 

 

 

-