v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
 3 Months Ended
Mar. 31, 2026
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SCHEDULE OF BLACK-SCHOLES OPTION PRICING MODELS FOR WARRANT-BASED STOCK COMPENSATION

The following assumptions were used in calculations of the Black-Scholes option pricing models for option and warrant-based stock compensation issued in the quarters ended March 31, 2026, and 2025:

 

   March 31, 2026   March 31, 2025 
Exercise price  $0.15   $0.11 
Risk-free interest rate   3.74%   4.54%
Expected term (in years)   5.0    10.0 
Expected share price volatility   102.26%   109.69%
Expected dividend yield   0.0% - 0.0%    0.0% - 0.0% 
Warrant [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SCHEDULE OF OPTION ACTIVITY

A summary of warrant activity for the year ended December 31, 2025 and three months ended March 31, 2026 is as follows:

 

 

  

Number of

Warrants

  

Weighted Average

Exercise Price

 
         
Balance, December 31, 2024   27,446,495   $0.21 
Issued in connection with:          
Common stock units sold for cash   6,830,000    0.16 
Services   266,000    0.12 
Debt-related interest   250,000    0.15 
Debt conversion   625,000    0.10 
Expired   (500,000)   0.20 
Exercised   (750,000)   0.09 
Balance, December 31, 2025   34,167,495    0.20 
Issued in connection with:          
 Common stock units sold for cash   1,816,000    0.18 
 Debt-related interest   30,000    0.15 
Exercised   (1,250,000)   0.10 
Expired   -    - 
Balance, March 31, 2026   34,763,495    0.20 
Options [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
SCHEDULE OF OPTION ACTIVITY

A summary of option activity for the year ended December 31, 2025, and three months ended March 31, 2026, is as follows:

 

 

  

Number of

Options

  

Weighted Average

Exercise Price

 
Balance, December 31, 2024   88,971,571   $0.13 
Options granted   12,774,470    0.12 
Options expired   (3,658,335)   0.15 
Options exercised   (650,000)   0.06 
Balance, December 31, 2025   97,437,706    0.13 
Options granted   -    - 
Options expired   (10,000)   0.15 
Options exercised   -    - 
Balance, March 31, 2026   97,427,706    0.13 
Vested, March 31, 2026   50,596,874    0.13