XML 36 R25.htm IDEA: XBRL DOCUMENT v3.25.1
STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)
 3 Months Ended
Mar. 31, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF WARRANT OUTSTANDING AND EXERCISABLE

The following is a summary of outstanding and exercisable warrants activity during the three months ended March 31, 2025:

 

   Warrants Outstanding Number of Shares  

Exercise Price

per Share

   Weighted Average Remaining Contractual Life  

Weighted Average Exercise Price

per Share

 
Balance at December 31, 2024   1,743,730   $1.24 – 12.00    2.66 years   $4.65 
Exercised   -    -    -    - 
Cancelled/Forfeited/Expired   -    -    -    - 
Balance at March 31, 2025   1,743,730   $1.24 – 12.00    2.41 years   $4.65 
                     
Exercisable December 31, 2024   1,743,730   $1.24 – 12.00    2.66 years   $4.63 
Exercisable March 31, 2025   1,743,730   $1.24 – 12.00    2.41 years   $4.63 
Service-Based Stock Options [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF OPTION ACTIVITY

The following is a summary of outstanding service-based options activity (prior to the establishment of our Amended 2020 Plan above) for the three months ended March 31, 2025:

 

   Options Outstanding Number of Shares   Exercise Price per Share   Weighted Average Remaining Contractual Life   Weighted Average Exercise Price per Share 
Balance, December 31, 2024   682,333   $ 1.00 – 11.98    4.24 years   $4.06 
Granted   30,000    7.50    1.87 years    7.50 
Exercised   (95,000)   1.15 – 5.00    4.85 years    2.82 
Cancelled/Forfeited/Expired   (30,000)   7.50    5.12 years    7.50 
Balance at March 31, 2025   587,333   $1.00 – 11.98    3.68 years   $4.26 
                     
Exercisable December 31, 2024   682,333   $1.00 – 11.98    4.24 years    $4.06 
Exercisable at March 31, 2025   587,333   $1.00 – 11.98    3.68 years   $4.26 
Performance Shares [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF OPTION ACTIVITY

The following is a summary of outstanding performance-based options activity for the three months ended March 31, 2025:

 

   Options Outstanding Number of Shares   Exercise Price per Share   Weighted Average Remaining Contractual Life   Weighted Average Exercise Price per Share 
Balance at December 31, 2024   90,000   $1.25 – 2.50    2.30 years   $1.69 
Granted   -    -    -    - 
Cancelled/Forfeited/Expired   (10,000)   2.50         2.50 
Balance at March 31, 2025   80,000   $ 1.25 – 1.75    2.38 years   $1.59 
                     
Exercisable December 31, 2024   25,000   $1.75 – 2.50     1.40 years   $2.05 
Exercisable at March 31, 2025   15,000   $1.75    2.25 years   $1.75 
Restricted Stock Units (RSUs) [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY

The following is a summary of outstanding RSUs and RSAs activity (outside of our Amended 2020 Plan) for the three months ended March 31, 2025:

 

   RSU Outstanding
Number of Shares		 
Balance at December 31, 2024   300,000 
Granted   - 
Vested   (100,000)
Balance at March 31, 2025   200,000 
Restricted Stock Units (RSUs) [Member] | 2020 Plan [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY

The following is a summary of outstanding RSUs and RSAs activity under our Amended 2020 Plan for the three months ended March 31, 2025:

 

   RSU Outstanding
Number of Shares		 
Balance at December 31, 2024   3,049,944 
Granted   725,000 
Vested   (1,213,166)
Cancelled/Forfeited   - 
Balance at March 31, 2025   2,561,778 
2020 Plan [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF OPTION ACTIVITY

Previously, the Company had granted service-based stock options and performance-based stock options separate from the Amended 2020 Plan. The following is a summary of outstanding options activity under our Amended 2020 Plan for the three months ended March 31, 2025:

 

   Options Outstanding Number of Shares   Exercise Price per Share   Weighted Average Remaining Contractual Life   Weighted Average Exercise Price per Share 
Balance, December 31, 2024   515,667   $1.84 – 13.74     4.81 years   $8.28 
Granted   -    -    -    - 
Exercised   -    -    -    - 
Cancelled/Forfeited/Expired   (220,000)   7.07 – 10.93    6.34 years    9.18 
Balance at March 31, 2025   295,667   $1.84 – 13.74    3.24 years   $7.61 
                     
Exercisable at December 31, 2024   504,787   $1.84 – 13.74    4.84 years   $8.39 
Exercisable at March 31, 2025   291,235   $1.84 – 13.74    3.24 years   $7.67