v3.26.3
EQUITY INCENTIVE PLAN (Tables)
 9 Months Ended
Sep. 30, 2026
STOCK INCENTIVE PLANS [Abstract]  
Schedule of Stock Option Activity
Stock option activity for the nine months ended September 30, 2026 was as follows:
Number ofWeighted Average
SharesExercise Price
Outstanding as of December 31, 202596,150,750 $1.08 
Exercised(25,970)- 0.35 
Granted22,700,000 0.36 
Forfeitures(14,462,500)1.04 
Expired(12,500)1.10 
Outstanding as of September 30, 2026104,349,780 $0.37 
Schedule of Stock Options Outstanding and Exercisable
The following table summarizes information about stock options outstanding and exercisable as of September 30, 2026:
Range of
Exercise Prices		Number
Outstanding		Weighted
Average
Remaining Life
In Years		Weighted
Average
Exercise Price
Outstanding		Number
Exercisable		Weighted
Average
Exercise Price
Exercisable
$0.336,750,000 9.75$0.33 — $0.33 
$0.365,480,000 9.87$0.36 40,000 $0.36 
$0.3792,119,780 9.46$0.37 14,047,280 $0.37 
104,349,780 9.50$0.37 14,087,280 $0.37 
Schedule of Significant Weighted-Average Assumptions
The significant weighted average assumptions relating to the valuation of the Company’s stock option grants issued and repriced during the nine months ended September 30, 2026 were as follows:
Assumptions
Dividend yield— %
Exercise price$0.37
Expected term5.6 years
Expected volatility70.2 %
Risk free interest rate4.0 %