v3.26.1
EQUITY (Tables)
 12 Months Ended
Dec. 31, 2025
SUMMARY OF WARRANTS OUTSTANDING

A summary of the warrants outstanding for the year ended December 31, 2025 are summarized as follows:

SUMMARY OF WARRANTS OUTSTANDING

  

Number of

Warrants

  

Weighted Average

Exercise Price

 
Outstanding at December 31, 2022   400,000   $1.30 
Granted during the period   -   $- 
Exercised during the period   -   $- 
Expired during the period   (400,000)  $1.30 
Outstanding at December 31, 2023   -   $- 
Granted during the period   -   $- 
Cancelled during the period   -   $- 
Outstanding at December 31, 2024 and 2025   -   $- 
Granted during the period      $ 
Outstanding at December 31, 2024 and 2025      $ 
SCHEDULE OF STOCK OPTIONS OUTSTANDING

A summary of the stock options outstanding for the year ended December 31, 2025 are summarized as follows:

 

  

Number of

Options

  

Weighted Average

Exercise Price

 
Outstanding at January 1, 2023   0.38   $2,277,150 
Granted during the period   0.06   $3,422,200 
Exercised during the period   -   $- 
Cancelled during the period   -   $- 
Outstanding at December 31, 2023   0.44   $2,431,400 
Granted during the period   0.40   $1,154,100 
Cancelled during the period   (0.84)  $1,823,000 
Outstanding at December 31, 2024 and 2025   -   $- 
Exercised during the period      $ 
Outstanding at December 31, 2024 and 2025      $ 
Exercisable at December 31, 2024 and 2025   -   $- 
SCHEDULE OF WEIGHTED AVERAGE ASSUMPTIONS

Details of the fair value of options granted and the assumptions used in the Black-Scholes option pricing model are as follows:

 

   January 16, 2024 
Weighted average fair value of options granted  $0.57 
Risk-free interest rate   3.4%
Estimated life (in years)   5 
Expected volatility   108.75%
Expected dividend yield   0%