v3.26.3
Stockholders' Equity (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Stockholders’ Equity [Abstract]    
Schedule of Weighted Average Assumptions

The following table reflects the weighted average assumptions used to estimate the fair value of stock options granted during the six months ended June 30, 2026:

 

   2026 
Volatility   83.91%
Expected life (years)   6.0 
Risk-free interest rate   3.97%
Dividend rate   
-
%

The following table reflects the weighted average assumptions used to estimate the fair value of stock options granted during the year ended December 31, 2024:

 

   2024 
Volatility   110.42%
Expected life (years)   6.0 
Risk-free interest rate   4.26%
Dividend rate   
—
%

The following table reflects the weighted average assumptions used to estimate the fair value of stock warrants granted during the year ended December 31, 2024:

 

   2024 
Volatility   79.42%
Expected life (years)   2 
Risk-free interest rate   3.95%
Dividend rate   
—
%
Schedule of Stock Option Activity

The following table summarizes the stock option activity for the six months ended June 30, 2026:

 

   Options  

Weighted-

Average

Exercise

Price Per

Share

 
Outstanding, December 31, 2025   235,000   $2.02 
Granted   1,141,804   $0.61 
Exercised   
-
   $
-
 
Forfeited   
-
   $
-
 
Expired   
-
   $
-
 
Outstanding and expected to vest, June 30, 2026   1,376,804   $0.85 

The following table summarizes the stock option activity for the years ended December 31, 2025 and 2024:

 

   Options   Weighted-
Average Exercise Price Per Share
 
Outstanding, December 31, 2023   
-
   $
-
 
Granted   235,000   $2.02 
Exercised   
-
   $
-
 
Forfeited   
-
   $
-
 
Expired   
-
   $
-
 
Outstanding, December 31, 2024   235,000   $2.02 
Granted   
-
   $
-
 
Exercised   
-
   $
-
 
Forfeited   
-
   $
-
 
Expired   
-
   $
-
 
Outstanding and expected to vest, December 31, 2025   235,000   $2.02 
Schedule of Outstanding and Exercisable Options

The following table discloses information regarding outstanding and exercisable options at June 30, 2026:

 

    Outstanding   Exercisable 
Exercise Price Range   Number of
Option
Shares
   Weighted
Average
Exercise Price
   Weighted
Average
Remaining Life (Years)
   Number of
Option
Shares
   Weighted
Average
Exercise
Price
 
$2.02    235,000   $2.02    7.70    156,667   $2.02 
$0.61    1,141,804   $0.61    9.72    
-
    0.61 
      1,376,804   $0.85    9.38    156,667   $2.02 

The following table discloses information regarding outstanding and exercisable options at December 31, 2025:

 

    Outstanding   Exercisable 
Exercise Price Range   Number of
Option
Shares
   Weighted
Average
Exercise Price
   Weighted
Average
Remaining Life (Years)
   Number of
Option
Shares
   Weighted
Average
Exercise
Price
 
$2.02    235,000   $2.02    8.19    78,333   $2.02 
      235,000   $2.02    8.19    78,333   $2.02 

The following table discloses information regarding outstanding and exercisable warrants at December 31, 2025:

 

    Outstanding   Exercisable 
Exercise Price Range   Number of
Warrant
Shares
   Weighted
Average
Exercise Price
   Weighted
Average
Remaining Life (Years)
   Number of
Warrant
Shares
   Weighted
Average
Exercise
Price
 
$0.75    1,200,000   $0.75    0.80    1,200,000   $0.75 
$11.50    9,130,000   $11.50    2.87    9,130,000   $11.50 
      10,330,000    10.25    2.63    10,330,000    10.25 
Schedule of Stock Warrant Activity

The following table summarizes the stock warrant activity for the six months ended June 30, 2026 and  December 31, 2025:

 

   Warrants   Weighted-
Average
Exercise
Price
Per Share
 
Outstanding, December 31, 2025   10,330,000   $10.25 
Granted   
-
   $
-
 
Exercised   
 
   $
-
 
Cancelled   
-
   $
-
 
Expired   
-
   $
-
 
Outstanding and expected to vest, June 30, 2026   10,330,000   $10.25 

The following table summarizes the stock warrant activity for the years ended December 31, 2025 and 2024:

 

   Warrants   Weighted-
Average
Exercise
Price
Per Share
 
Outstanding and exercisable, January 1, 2024   14,564,000   $11.50 
Granted   1,650,000   $2.82 
Exercised   -   $- 
Forfeited   
-
   $
-
 
Expired   (300,000)  $(11.50)
Outstanding, December 31, 2024   15,914,000   $10.69 
Granted   
-
   $
-
 
Exercised   -   $- 
Cancelled   (5,584,000)  $(11.50)
Expired   
-
   $
-
 
Outstanding and expected to vest, December 31, 2025   10,330,000   $10.25 
Schedule of Outstanding and Exercisable Warrants

The following table discloses information regarding outstanding and exercisable warrants at June 30, 2026:

 

    Outstanding   Exercisable 
Exercise Price Range   Number of
Warrant
Shares
   Weighted 
Average 
Exercise Price
   Weighted
Average
Remaining Life (Years)
   Number of
Warrant
Shares
   Weighted
Average
Exercise
Price
 
$0.75    1,200,000   $0.75    0.30    1,200,000   $0.75 
$11.50    9,130,000   $11.50    2.38    9,130,000   $11.50 
      10,330,000    10.25    2.13    10,330,000    10.25