v3.26.3
Stockholders’ Equity (Tables)
9 Months Ended
Sep. 30, 2026
Stockholders’ Equity [Abstract]  
Schedule of Existing Warrants and Stock Options

The fair value of the Existing Warrants on the modification date and the fair value of the New Warrants and Placement Agent Warrants on issuance date were estimated using the Black-Scholes option-pricing model with the following assumptions:

 

      August 14,
2026
 
Exercise price     $0.95 to $3.32  
Term (years)     1.35 to 3.0  
Expected stock price volatility     131.6% to 152.5%  
Risk-free rate of interest     3.98% to 4.24%  

The stock options were valued at the grant date using a Black-Scholes option pricing model with the following assumptions:

 

    Nine Months
Ended
September 30,
2026
 
Dividend rate     —  
Expected term (in years)     3.0 years  
Volatility     159.2 %
Risk—free interest rate     3.90 %
Schedule of Warrant Activity

Warrant activity for the nine months ended September 30, 2026 is summarized as follows:  

 

    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(Years)
    Aggregate
Intrinsic
Value
 
Balance Outstanding, December 31, 2025     4,509,259     $ 3.14       2.57     $             -  
Granted     6,165,691       0.96       -       -  
Exercised     (3,007,654 )     1.20       -       -  
Balance Outstanding, September 30, 2026     7,667,296       2.58       2.69     $ -  
Exercisable, September 30, 2026     7,667,296     $ 2.58       2.69     $ -  
Schedule of Stock Option Activity

Stock option activity during the nine months ended September 30, 2026 is summarized as follows:

 

    Number of
Options
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term
(Years)
    Aggregate
Intrinsic
Value
 
Balance Outstanding, December 31, 2025     239,084     $ 9.27       5.22     $             -  
Granted     75,000       1.32       -       -  
Cancelled     (30,000 )     1.24       -       -  
Balance Outstanding, September 30, 2026     284,084     $ 8.02       4.50     $ -  
Exercisable, September 30, 2026     192,834     $ 11.20       4.42     $ -