v3.25.4

Employee Stock Compensation Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Employee Stock Compensation Plans |
Stock option grant assumptions |
Grant Date |  | 06/07/24 |  |  | 12/02/25 (1) |
Plan |  | 2023 Plan |  |  | 2023 Plan |
Option – grant date price |  | $ | 0.85 |  |  | $ | 0.63 |
Options granted |  |  | 2,125,000 |  |  |  | 1,600,000 |
Expected life years |  |  | 5.0 |  |  |  | 5.0 |
Expected volatility |  |  | 72 | % |  |  | 62 | %
Risk free interest rate |  |  | 4.3 | % |  |  | 3.7 | %
Weighted average fair value |  | $ | 0.53 |  |  | $ | 0.35 |
Grant date fair value |  | $ | 1,120,000 |  |  | $ | 557,000 |
Stock option activity |
|  | 2025 |  |  | 2024 |
|  |  |  |  | Weighted |  |  |  |  |  |  |  |  | Weighted |  |  |  |
|  |  |  |  | Average |  |  | Aggregate |  |  |  |  |  | Average |  |  | Aggregate |
|  |  |  |  | Exercise |  |  | Intrinsic |  |  |  |  |  | Exercise |  |  | Intrinsic |
|  | Options |  |  | Price |  |  | Value (1)(2) |  |  | Options |  |  | Price |  |  | Value (1)(2) |
Outstanding, beginning of year |  |  | 5,348,500 |  |  | $ | 0.62 |  |  |  |  |  |  | 3,828,500 |  |  | $ | 0.47 |  |  |  |
Granted |  |  | 1,600,000 |  |  | $ | 0.63 |  |  |  |  |  |  | 2,125,000 |  |  | $ | 0.85 |  |  |  |
Exercised |  |  | (1,028,500 | ) |  | $ | 0.20 |  |  | $ | 437,000 |  |  |  | (250,000 | ) |  | $ | 0.22 |  |  | $ | 144,000 |
Expired |  |  | - |  |  |  |  |  |  |  |  |  |  |  | - |  |  |  |  |  |  |  |  |
Forfeited |  |  | (355,000 | ) |  | $ | 0.72 |  |  |  |  |  |  |  | (355,000 | ) |  | $ | 0.60 |  |  |  |  |
Outstanding, end of year |  |  | 5,565,000 |  |  | $ | 0.70 |  |  | $ | 307,000 |  |  |  | 5,348,500 |  |  | $ | 0.62 |  |  | $ | 405,000 |
Exercisable, end of year |  |  | 3,365,500 |  |  | $ | 0.68 |  |  | $ | 221,000 |  |  |  | 3,228,500 |  |  | $ | 0.52 |  |  | $ | 403,000 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration