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Stockholders’ Equity (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Grant Date Fair Value of Stock Options Issued

The significant inputs utilized to determine the grant date fair value of stock options issued during the nine month periods ended September 30, 2025 and 2024 were as follows:

 

   September 30,   September 30, 
   2025   2024 
Dividend Yield   0%   0%
Weighted average expected term (years)   5.38-6.00    5.75-6 
Volatility   65.68-101.98%   97.3-105.8%
Risk-free rate   3.86-4.18%   4.10%
Weighted average exercise price  $0.97   $1.33 
Schedule of Stock Option Activity

A summary of stock option activity for the nine months ended September 30, 2025 is presented below:

 

   Number of Options   Weighted Average Exercise Price   Weighted Average Contractual Term (Years)   Aggregate Intrinsic Value 
Outstanding as of December 31, 2024   10,633,988    1.02    6.25   $102,921,147 
Granted   1,092,105    1.16           
Exercised   -    -           
Forfeited   -    -           
Outstanding as of September 30, 2025   11,726,093   $1.03    5.68   $8,533,901 
Exercisable as of September 30, 2025   10,814,635   $1.02    5.33   $7,994,141 
Schedule of Employee Stock Options Outstanding

The following table summarizes information related to stock options outstanding as of September 30, 2025:

 

      Outstanding Options    Vested Options 
 Exercise Price    

Number

Outstanding at September 30, 2025

    

Weighted

Average Remaining Life

    

Number

Exercisable

at September 30, 2025

    Weighted Average Remaining Life 
$0.01    675,000    0.25    675,000    0.25 
$0.74    1,657,564    3.32    1,657,564    3.32 
$0.80    2,783,239    3.54    2,783,239    3.54 
$0.97    250,000    9.67    86,968    9.67 
$1.19    357,448    9.76    -    - 
$1.23    484,657    9.94    93,689    9.94 
$1.33    5,461,935    7.33    5,461,925    7.33 
$2.16    56,250    5.71    56,250    5.71 
      11,726,093    5.68    10,814,635    5.33 
Schedule of Warrant Activity

The following is a summary of the Company’s warrant activity for the nine months ended September 30, 2025:

 

   Number of Shares  

Weighted

Average Exercise Price

per Share

  

Weighted

Average Remaining Life

(Years)

 
Outstanding as of December 31, 2024   1,359,375   $0.80    0.93 
Exercised   (1,359,375)   0.80    - 
Forfeited   -    -    - 
Outstanding as of September 30, 2025   -   $-    -