v3.25.3
Stockholders’ (Deficit) Equity (Tables)
 9 Months Ended
Sep. 30, 2025
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Stock Options Granted

The grant date fair value of stock options granted during the three and nine months September 30, 2025 and 2024 was determined using the Black Scholes method, with the following assumptions used:

 

   For the Three Months Ended   For the Nine Months Ended 
   September 30,   September 30, 
   2025   2024   2025   2024 
Fair value of common stock on date of grant  $0.59    N/A   $0.59    N/A 
Risk free interest rate   4.09%   N/A    4.09%   N/A 
Expected term (years)   6.00    N/A   $6.00    N/A 
Expected volatility   130%   N/A    130%   N/A 
Expected dividends   0.00%   N/A    0.00%   N/A 
Schedule of Stock Options Activity

A summary of the option activity for the nine months ended September 30, 2025 is presented below:

 

           Weighted     
       Weighted   Average     
       Average   Remaining   Aggregate 
   Number of   Exercise   Life   Intrinsic 
   Options   Price   In Years   Value 
                 
Outstanding, January 1, 2025   9,612   $2,248.58                       
Granted   377,964    0.59           
Exercised   -    -           
Expired   (152)   1,760.50           
Outstanding, September 30, 2025   387,424   $55.67    9.7   $- 
                     
Exercisable, September 30, 2025   8,112   $2,598.23    5.3   $- 
Schedule of Information Related to Stock Options

The following table presents information related to stock options as of September 30, 2025:

 

Options Outstanding   Options Exercisable 
        Weighted     
    Outstanding   Average   Exercisable 
Exercise   Number of   Remaining Life   Number of 
Price   Options   In Years   Options 
$0.59    377,964    -    - 
$152.50    4,157    7.6    2,916 
$738.50    286    7.3    191 
$791.00    38    7.4    26 
$1,760.50    1,127    1.4    1,127 
$3,965.50    37    6.7    37 
$4,053.00    2,095    3.5    2,095 
$5,726.00    1,720    5.7    1,720 
      387,424    5.3    8,112 
Schedule of Warrant Activity

A summary of the warrant activity for the nine months ended September 30, 2025, is presented below:

  

           Weighted     
       Weighted   Average     
       Average   Remaining   Aggregate 
   Number of   Exercise   Life   Intrinsic 
   Warrants   Price   In Years   Value 
                 
Outstanding, January 1, 2025   1,747,093   $59.59                     
Issued[1]   8,230,195    0.75           
Repriced - Old [2]   (957,200)   2.06           
Repriced - New [2]   957,200    1.00           
Repriced - Old [3]   (957,200)   1.00           
Repriced - New [3]   957,200    0.67           
Repriced - Old [4]   (2,105,265)   1.00           
Repriced - New [4]   2,105,265    0.67           
Forfeited   (3,050)   12.50           
Exercised[1]   (3,062,465)   0.67           
Outstanding, September 30, 2025   6,911,773   $15.34    4.73   $- 
                     
Exercisable, September 30, 2025   6,911,573   $15.29    4.73   $- 

 

[1] Warrants issued and exercised exclude 2,105,265 March 2025 Pre-Funded Warrants with an exercise price of $0.0001.
   
[2] Warrants represent the reset of the exercise price of certain November 2024 warrants to purchase 957,200 shares of common stock from $2.06 to $1.00 per share.
   
[3] Warrants represent the reset of the exercise price of certain March 2025 warrants to purchase 957,200 shares of common stock from $1.00 to $0.67 per share.
   
[4] Warrants represent the reset of the exercise price of certain March 2025 warrants to purchase 2,105,265 shares of common stock from $1.00 to $0.67 per share.
Schedule of Information Related to Stock Warrants

The following table presents information related to stock warrants as of September 30, 2025:

 

Warrants Outstanding   Warrants Exercisable 
    Outstanding   Weighted Average   Exercisable 
Exercise   Number of   Remaining Life   Number of 
Price   Warrants   In Years   Warrants 
$0.67    6,124,930    4.77    6,124,930 
$2.06    679,800    4.69    679,800 
$12.50    4,050    3.20    4,050 
$47.50    20,347    3.45    20,347 
$57.75    19,965    2.77    19,965 
$350.00    27,551    2.57    27,551 
$700.00    13,944    2.20    13,944 
$1,760.50    200    -    - 
$2,415.00    3,651    2.20    3,651 
$4,025.00    17,335    2.20    17,335 
      6,911,773    4.73    6,911,573 
Warrant [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Issuance Date Fair Value of Stock Warrants

The modification date fair value of warrants modified during the three and nine months ended September 30, 2025 and 2024 was determined using the Black Scholes method, with the following assumptions used:

 

   For the Three Months Ended   For the Nine Months Ended 
   September 30,   September 30, 
   2025   2024   2025   2024 
Fair value of common stock on date of modification  $0.64   $3.46    $0.64 - $0.98   $3.46 
Risk free interest rate   3.92%   3.62% - 4.62%   3.92% - 4.09%   3.62% - 4.62%
Expected term (years)   4.9 years    0.9 - 5.5 years    4.9 - 5.3 years    0.9 - 5.5 years 
Expected volatility   125%   96% - 113%   125%   96% - 113%
Expected dividends   n/a    n/a    n/a    n/a