v3.26.1
WARRANTS
12 Months Ended
Dec. 31, 2025
Warrants  
WARRANTS

10. WARRANTS

 

A summary of warrants to purchase common stock issued during the years ended December 31, 2025 and 2024 is as follows:

 

  

Number of Underlying Shares

  

Weighted Average

Exercise Price

 
Balance outstanding on December 31, 2023   3,313,335   $0.66 
Granted   -    - 
Exercised   -    - 
Expired   (146,668)   3.00 
Balance outstanding and exercisable on December 31, 2024   3,166,667   $0.56 
Granted   -    - 
Exercised   -    - 
Expired   -    - 
Balance outstanding and exercisable on December 31, 2025   3,166,667   $0.56 

 

On December 31, 2025 and 2024, the outstanding stock warrants had no intrinsic value.