Quarterly report [Sections 13 or 15(d)]

Stock-based Payments (Tables)

v3.26.1
Stock-based Payments (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity

The following table summarizes the activities for the Company’s stock options for the six months ended June 30, 2026:

 

                      Weighted        
                      Average        
          Weighted     Weighted     Remaining        
    Number     Average     Average     Contractual     Aggregate  
    of     Exercise     Grant Date     Term     Intrinsic  
    Shares     Price     Fair Value     (years)     Value  
Balance at December 31, 2025     100,360     $ 24.66     $ 23.42       9.89     $ -  
Granted     267,500       4.95       4.14       8.57       1,200  
Exercised     -       -       -       -       -  
Forfeited     (259 )     4,980.00       4,710.00       6.94       -  
Canceled/Expired     (50 )     4,980.00       4,710.00       6.94       -  
Balance June 30, 2026     367,551       6.15       5.45       8.80     $ 1,200  
Exercisable as of June 30, 2026     208,176       6.95       6.50       8.22     $ -  
Summary of Restricted Stock Units Activity

The following is the status of outstanding unvested RSUs outstanding as of June 30, 2026 and the changes for the six months ended June 30, 2026:

 

          Weighted  
          Average  
    Number of     Grant Date  
    RSUs     Fair Value  
Balance at December 31, 2025     212,500     $ 6.67  
Share Adjustment     27,634       3.26  
Granted     284,221       4.05  
Vested     (217,659 )     5.20  
Forfeited     -       -  
Canceled/Expired     -       -  
Balance at June 30, 2026     306,696     $ 4.98