v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
SCHEDULE OF WARRANTS OUTSTANDING

The Company had the following warrants outstanding as of June 30, 2026, all of which are equity-classified:

 

   Offering Date  Warrants Issued   Warrant Strike Price  

Warrant

Term

(in years)

 
Registered direct offering 1  February 1, 2023   10,981   $26.75    5.0(a)
Registered direct offering 2  February 2, 2023   8,662   $29.38    5.0(a)
Registered direct offering 3  February 3, 2023   13,931   $21.74    5.0(a)
Series A  July 26, 2024   460,830   $2.17    5.5(b)
Series B  July 26, 2024   460,830   $2.17    1.5(b)
Placement Agent  July 26, 2024   27,650   $2.71    5.0(b)

 

  (a) Together, the “February 2023 Warrants”.
  (b) The warrants became exercisable on April 23, 2026, which represents the effective date of the stockholder approval for the issuance of the shares of Class A common stock issuable upon exercise of the warrants. As a result of the action taken by the Company’s stockholders at the Annual Meeting, the Series A Warrants will expire on October 23, 2031, the Series B Warrants will expire on October 25, 2027 and the Placement Agent Warrants will expire on July 26, 2029.