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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Compensation [Abstract]  
Schedule of Non-Vested Restricted Share

 As of December 31, 2024, non-vested restricted share units granted on August 22, 2023 are as follows:

  

Non-vested share units as of August 22, 2023 
        
 
Granted   40,000 
Vested   (20,000)
Forfeited   - 
Non-vested share units as of December 31, 2023   20,000 
Vested   (20,000)
Non-vested share units as of December 31, 2024   - 
Schedule of Stock-Based Compensation Plans

Stock option activity under the Company’s stock-based compensation plans is shown below:

 

   Number of
Shares
   Average
Exercise Price
per Share
   Aggregate
Intrinsic
Value*
   Weighted
Average
Remaining
Contractual
Term in
Years
 
Outstanding at January 1, 2024   3,314,128    1.30          -    4.3 
Exercisable at January 1, 2024   546,338    1.96   $-    4.7 
                     
Granted   -    -    -    - 
Exercised   -    -    -    - 
Forfeited   (973,958)   1.72    -    - 
Outstanding at December 31, 2024   1,455,170   $1.31   $-    3.4 
Exercisable at December 31, 2024   1,434,958   $1.35   $-    3.4 

 

  * The intrinsic value of the stock options at December 31, 2024 is the amount by which the market value of the Company’s common stock of $0.94 as of December 31, 2024 exceeds the average exercise price of the option. As of December 31, 2024, the intrinsic value of the outstanding and exercisable stock options was $nil.