Stock Options and Restricted Stock Units (Tables)
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6 Months Ended |
12 Months Ended |
Jun. 30, 2026 |
Dec. 31, 2025 |
| Stock Options and Restricted Stock Units [Abstract] |
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| Schedule of Company’s Stock Options |
A summary of the status of the Company’s stock options as of June 30, 2026 and December 31, 2025, and changes during the periods then ended are presented below: | | | Options | | Wtd. Avg.
Exercise
Price | | Balance, January 1, 2025 | | 417,003 | | | $ | 7.00 | | Granted during the period | | 60,000 | | | | 3.00 | | Exercised during the period | | — | | | | — | | Terminated/Expired during the period | | (51,300 | ) | | | 10.57 | | Balance, December 31, 2025 | | 425,703 | | | $ | 6.01 | | Granted during the period | | — | | | | — | | Exercised during the period | | — | | | | — | | Terminated/Expired during the period | | (30,250 | ) | | | 13.90 | | Balance, June 30, 2026 | | 395,453 | | | $ | 5.40 | | | | | | | | | | Exercisable at June 30, 2026 | | 395,453 | | | $ | 5.40 |
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A summary of the status of the Company’s stock options as of December 31, 2025 and 2024, and changes during the years then ended are presented below. | | | Options | | Wtd. Avg.
Exercise
Price | | Balance, January 1, 2024 | | 461,870 | | | $ | 8.34 | | Granted during the period | | 80,000 | | | | 3.75 | | Exercised during the period | | (15,229 | ) | | | 3.45 | | Terminated/Expired during the period | | (109,638 | ) | | | 9.86 | | Balance, December 31, 2024 | | 417,003 | | | $ | 7.00 | | Granted during the period | | 60,000 | | | | 3.00 | | Exercised during the period | | — | | | | — | | Terminated/Expired during the period | | (51,300 | ) | | | 10.57 | | Balance, December 31, 2025 | | 425,703 | | | $ | 6.01 | | | | | | | | | | Exercisable at December 31, 2025 | | 395,703 | | | $ | 6.23 |
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| Schedule of Summarizes Information About Outstanding Stock Options |
The following table summarizes information about outstanding stock options at June 30, 2026: | Range of Exercise Price | | Number
Outstanding | | Wtd.Avg,
Life | | Wtd. Avg.
Exercise
Price | | $3.00 – $23.80 | | 395,453 | | 1.8 Years | | $ | 5.40 | The following table summarizes information about outstanding stock options at December 31, 2025: | Range of Exercise Price | | Number
Outstanding | | Wtd.Avg,
Life | | Wtd. Avg.
Exercise
Price | | $3.00 – $23.80 | | 425,703 | | 2.5 Years | | $ | 6.01 |
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The following table summarizes information about outstanding stock options at December 31, 2025: | Range of Exercise Price | | Number
Outstanding | | Wtd.Avg,
Life | | Wtd. Avg.
Exercise
Price | | $3.00 – $23.80 | | 425,703 | | 2.5 years | | $ | 6.01 |
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| Schedule of Company’s RSUs |
A summary of the status of the Company’s RSUs as of June 30, 2026 is presented below. | | | Number of
Units | | Wtd. Avg.
Grant Date
Fair Value
per Unit | | Unvested units as of January 1, 2025 | | 282,628 | | | $ | 6.06 | | Granted during the period | | 3,000 | | | | — | | Vested during the period | | (95,210 | ) | | | 6.06 | | Forfeited during the period | | (2,000 | ) | | | — | | Unvested Units as of December 31, 2025 | | 188,418 | | | $ | 6.06 | | Granted during the period | | 243,172 | | | $ | 6.06 | | Vested during the period | | (337,382 | ) | | | 3.99 | | Forfeited during the period | | (34,122 | ) | | | — | | Unvested Units as of June 30, 2026 | | 60,086 | | | $ | 6.06 | | | | | | | | | | Vested as of June 30, 2026 | | 432,592 | | | $ | 4.45 |
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A summary of the status of the Company’s RSUs as of December 31, 2025 is presented below: | | | Number of
Units | | Weighted
Average
Grant
Date Fair
Value
per Unit | | Unvested Units at January 1, 2024 | | — | | | $ | — | | Granted during the period | | 282,628 | | | | 6.06 | | Vested during the period | | — | | | | — | | Terminated/Forfeited during the period | | — | | | | — | | Unvested Units at December 31, 2024 | | 282,628 | | | $ | 6.06 | | Granted during the period | | 3,000 | | | | 6.06 | | Vested during the period | | (95,210 | ) | | | 6.06 | | Terminated/Forfeited during the period | | (2,000 | ) | | | 6.06 | | Unvested Units at December 31, 2025 | | 188,418 | | | $ | 6.06 | | | | | | | | | | Vested Units at December 31, 2025 | | — | | | $ | — |
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| Schedule of Stock Options Granted |
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The fair values of stock options granted were estimated using the Black-Sholes option-pricing model with the following assumptions for the years ended December 31: | | | 2025 | | 2024 | | Risk-free interest rates | | | 3.8 | % | | | 3.8 | % | | Expected life (in years) | | | 2.6 | | | | 2.7 | | | Expected volatility | | | 76.52 | % | | | 64.00 | % | | Dividend yield | | | 0 | % | | | 0 | % | | | | | | | | | | | | Weighted-average grant date fair value per share | | $ | 3.00 | | | $ | 3.75 | |
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