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Stockholders’ equity (deficit) (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of warrant activity

 Schedule of warrant activity

										Weighted
						Weighted				Average
		Number of				Average Exercise				Remaining Contractual				Aggregate Intrinsic
		Warrants				Price				Term (Years)				Value
Outstanding as December 31, 2023			2,774,057			$	4.85				4.5	(1)			-
Granted			50,000			$	7.0				4.1				-
Outstanding as June 30, 2024			2,824,057			$	4.89				4.49				-
Outstanding as December 31, 2024			2,814,057			$	4.97				3.49	(2)			-
Granted			-			$	-				-				-
Outstanding as June 30, 2025			2,814,057			$	4.97				3.0	(2)			-
Exercisable, June 30, 2025			2,814,057			$	4.97				3.0	(2)			-

1) The warrants herein consist of various contractual terms. The warrants herein consist of 2,429,025 warrants issued to Bay Shore Trust that have a remaining contractual term of 4.5 years as of December 31, 2023, and 335,032 warrants issued to investors associated with the 2023 Private Placement that currently have an indeterminable contractual term. See disclosures below for more information on these warrants.

(2) The warrants herein consist of various contractual terms. The warrants herein consist of 2,429,025 warrants issued to Bay Shore Trust that have a remaining contractual term of 2.95 years as of June 30, 2025, 335,032 warrants issued to investors associated with the 2023 Private Placement that currently have an indeterminable contractual term, and 50,000 warrants issued to underwriters as part of the IPO with a remaining contractual life of 2.65 years. See disclosures below for more information on these warrants.

Schedule of option activity

The following is option activity during the six months ended June 30, 2025.

 Schedule of option activity

		Number of Shares				Weighted Average Exercise Price Per Share				Weighted Average Remaining Contractual Life (Years)				Aggregate Intrinsic Value
Outstanding as December 31, 2024			2,352,670			$	5.02				9.6			$	-
Options granted			2,050,000			$	2.12				-			$	-
Expired			(12,500	)		$	5.02				-			$	-
Forfeitures			(150,000	)		$	5.02				-			$	-
Outstanding as June 30, 2025			4,240,170			$	3.62				9.4			$	-
Exercisable, June 30, 2025			4,073,920			$	3.61				9.4			$	-

Schedule of key assumptions used to value warrants

Key assumptions used to value warrants issued in the quarter are as follows:

Schedule of key assumptions used to value warrants

Expected price volatility range	92.45%-138.97%
Risk-free interest rate range	4.08%-4.15%
Fair Market Value of Underlying Common Stock range	$1.87-$2.06
Expected Term in Years range	5-5.37 years
Dividend yield	-

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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.

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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.

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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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