v3.26.1
Stockholders’ Equity and Convertible Preferred Stock (Tables)
3 Months Ended
Mar. 31, 2026
Stockholders’ Equity and Convertible Preferred Stock [Abstract]  
Schedule of Warrant Activity

A summary of warrant activity for the three months ended March 31, 2026, is presented below:

 

               Weighted 
       Weighted       Average 
       Average       Remaining 
       Exercise   Total Intrinsic   Contractual 
   Warrants   Price   Value ($000s)   Life (in years) 
Outstanding as of December 31, 2025   6,690,768   $5.38   $6,186    3.9 
Granted   
-
    
-
    
-
    
-
 
Expired   (253,670)  $34.00    
-
    
-
 
Exercised   (75,000)  $4.22    
-
    - 
Outstanding as of March 31, 2026   6,362,098   $4.25   $
              -
    3.8 
Schedule of Restricted Stock Awards Activity

A summary of restricted stock awards activity for the three months ended March 31, 2026, is presented below:

 

       Weighted 
   Number of   Average 
   Restricted   Grant Day 
   Stock Awards   Fair Value 
Nonvested at December 31, 2025   396,346   $4.29 
Granted   6,075,000   $3.08 
Vested   (6,075,000)  $3.08 
Forfeited   
-
   $
-
 
Nonvested at March 31, 2026   396,346   $4.29 
Schedule of Option Activity Under the Company’s Stock Option Plan

A summary of option activity under the Company’s stock option plan for the three months ended March 31, 2026, is presented below:

 

                Weighted 
       Weighted        Average 
       Average   Total   Remaining  
   Number of
Shares
   Exercise
Price
   Intrinsic
Value
   Contractual Life (in years) 
Outstanding as of December 31, 2025   10,072,646   $6.16   $26    9.1 
Employee options granted   
-
   $
-
   $-    - 
Employee options exercised   
-
   $
-
   $-    - 
Employee options forfeited   
-
   $
-
   $-    - 
Outstanding as of March 31, 2026   10,072,646   $6.16   $-    8.8 
Options vested and exercisable   10,064,313   $6.17   $-    8.8