v3.26.3
Derivative Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Short-Term Debt [Line Items]  
Schedule of Derivative Liabilities

The following table summarizes the changes in the derivative liabilities:

 

   Warrants 
Balance - December 31, 2024  $25,281 
Loss on change in fair value   74,406 
Balance - December 31, 2025   99,687 
Issuance of May 2026 PIPE Warrants   61,113 
Gain on change in fair value   (125,049)
Balance - June 30, 2026  $35,751 
May 2026 PIPE Warrants [Member]  
Short-Term Debt [Line Items]  
Schedule of Key Inputs for Valuation Assumptions

As of June 30, 2026, the Company utilized a Black-Scholes Model to calculate the fair value of the May 2026 PIPE Warrants, the Alto Warrants and the October 2024 Equity Financing Warrants. The key inputs for the Black-Scholes Model as of June 30, 2026, were as follows:

 

Stock price on valuation date  $0.044* -3.25 
Exercise price per share  $33.80-$350.00 
Term (years)   0.53-3.34 
Volatility   100%-155% 
Risk-free rate   4.01%-4.10% 
Dividend yield   %