XML 44 R31.htm IDEA: XBRL DOCUMENT v3.25.3
STOCKHOLDERS’ EQUITY (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of assumptions
    
Company stock price on valuation date  $10.00 
Volatility  143.85% 
Risk free interest rate - 5 years  3.94% 
Risk free interest rate - 10 years  4.43% 
Dividend yield  0.00% 
Schedule of fair values and derived service periods
               
   Daily VWAP $10  Daily VWAP $15  Daily VWAP $20  Daily VWAP $25  Daily VWAP $30
Fair value - 5 year service period  $9.03  $9.02  $9.02  $9.02  $9.01
Derived service period - years  N/A  0.20  0.38  0.56  0.69
Fair value - 10 year service period  $9.82  $9.80  $9.80  $9.80  $9.80
Derived service period - years  N/A  0.20  0.40  0.58  0.73
Schedule of pre-funded common stock warrants
                
   Pre- Funded Common Stock Warrants 
   Shares   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Life in years(1)
   Intrinsic Value 
Outstanding at January 1, 2025   10,263   $0.00064           
Purchased   6,424,914   $0.00002           
Exercised   (2,525,962)  $0.00002           
Outstanding at September 30, 2025   3,909,215   $0.00002       $29,397,234 
Exercisable at September 30, 2025   3,909,215   $0.00002       $29,397,234 

 

(1)Pre-funded warrants expire only upon exercise
Schedule of warrants activity
                
   Other Common Stock Warrants 
   Shares   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Life in years
   Intrinsic Value 
Outstanding at January 1, 2025   14,804   $4,158.33           
Granted/purchased   1,848,471   $12.39           
Exercised   (123,603)  $14.43           
Outstanding at September 30, 2025   1,739,672   $47.54    7.23   $32,509 
Exercisable at September 30, 2025   1,739,672   $47.54    7.23   $32,509