Stockholders’ Equity (Deficit) (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
| Schedule of Stock Options Granted |
The
grant date fair value of stock options granted during the years ended December 31, 2025 and 2024 was determined using the Black Scholes
method, with the following assumptions used:
Schedule of Stock
Options Granted
| | |
For the Years Ended |
| | |
December 31, |
| | |
2025 | | |
2024 |
| Fair value of common stock on date of grant or modification | |
| $0.13 - $0.59 | | |
N/A |
| Risk free interest rate | |
| 3.55% - 4.09 | % | |
N/A |
| Expected term (years) | |
| 0.24 - 9.75 | | |
N/A |
| Expected volatility | |
| 78.7% - 161.5 | % | |
N/A |
| Expected dividends | |
| 0.00 | % | |
N/A |
|
| Schedule of Stock Option Activity |
A
summary of the option activity for the year ended December 31, 2025 is presented below:
Schedule
of Stock Option Activity
| | |
| | |
| | |
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 | |
| (219 | ) | |
| 1,760.50 | | |
| | | |
| | |
| Outstanding, December 31, 2025 | |
| 387,357 | | |
$ | 55.67 | | |
| 9.4 | | |
$ | - | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable, December 31, 2025 | |
| 8,045 | | |
$ | 2,605.21 | | |
| 5.1 | | |
$ | - | |
|
| Schedule of Information Related to Stock Options |
The
following table presents information related to stock options as of December 31, 2025:
Schedule
of Information Related to Stock Options
| 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 | | |
| 7.4 | | |
| 2,916 | |
| $ | 738.50 | | |
| 286 | | |
| 7.1 | | |
| 191 | |
| $ | 791.00 | | |
| 38 | | |
| 7.2 | | |
| 26 | |
| $ | 1,760.50 | | |
| 1,060 | | |
| 1.2 | | |
| 1,060 | |
| $ | 3,965.50 | | |
| 37 | | |
| 6.5 | | |
| 37 | |
| $ | 4,053.00 | | |
| 2,095 | | |
| 3.3 | | |
| 2,095 | |
| $ | 5,726.00 | | |
| 1,720 | | |
| 5.5 | | |
| 1,720 | |
| | | | |
| 387,357 | | |
| 5.1 | | |
| 8,045 | |
|
| Summary of Warrant Activity |
A
summary of the warrant activity for the year ended December 31, 2025 is presented below:
Summary of Warrant Activity
| | |
| | |
| | |
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, December 31, 2025 | |
| 6,911,773 | | |
$ | 15.34 | | |
| 4.48 | | |
$ | - | |
| | |
| | | |
| | | |
| | | |
| | |
| Exercisable, December 31, 2025 | |
| 6,911,573 | | |
$ | 15.29 | | |
| 4.48 | | |
$ | - | |
| [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 December 31, 2025:
Schedule of Information Related to Stock Warrants
| 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 | | |
| 4.52 | | |
| 6,124,930 | |
| $ | 2.06 | | |
| 679,800 | | |
| 4.44 | | |
| 679,800 | |
| $ | 12.50 | | |
| 4,050 | | |
| 2.94 | | |
| 4,050 | |
| $ | 47.50 | | |
| 20,347 | | |
| 3.20 | | |
| 20,347 | |
| $ | 57.75 | | |
| 19,965 | | |
| 2.52 | | |
| 19,965 | |
| $ | 350.00 | | |
| 27,551 | | |
| 2.32 | | |
| 27,551 | |
| $ | 700.00 | | |
| 13,944 | | |
| 1.95 | | |
| 13,944 | |
| $ | 1,760.50 | | |
| 200 | | |
| - | | |
| - | |
| $ | 2,415.00 | | |
| 3,651 | | |
| 1.95 | | |
| 3,651 | |
| $ | 4,025.00 | | |
| 17,335 | | |
| 1.95 | | |
| 17,335 | |
| | | | |
| 6,911,773 | | |
| 4.48 | | |
| 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 stock warrants modified during the years ended December 31, 2025 and 2024 was determined using the Black
Scholes method, with the following assumptions used:
Schedule of Issuance Date Fair Value of Stock Warrants
| | |
For the Years Ended | |
| | |
December 31, | |
| | |
2025 | | |
2024 | |
| Fair value of common stock on date of modification | |
| $0.64 - $0.98 | | |
| $2.54 - $3.46 | |
| Risk free interest rate | |
| 3.92% - 4.09 | % | |
| 3.62% - 4.62 | % |
| Expected term (years) | |
| 4.9 - 5.3 years | | |
| 0.6 - 5.3 years | |
| Expected volatility | |
| 125 | % | |
| 87% - 111 | % |
| Expected dividends | |
| n/a | | |
| n/a | |
|