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Equity (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Stockholders' Equity Note, Warrants Activity

The following table summarizes the Company’s warrant activity for the nine months ended September 30, 2025:

 

   Number of Warrants   Weighted Average Exercise Price   Weighted Average Remaining Life (Years) 
Outstanding warrants, January 1, 2025   1,971,216   $11.54    4.30 
PIPE 2025 warrants   547,737    4      
PIPE 2025 broker warrants   25,958    3.8      
$3.50 Warrants   400,000    3.5      
$4.00 Warrants   400,000    4      
Exercised   (1,623,530)   5.43      
Warrants Expired   (20,643)   28.85      
Outstanding warrants, September 30, 2025   1,700,738   $10.95    3.45 
The following table summarizes the Company’s penny warrant activity for the nine months ended September 30, 2025:
   Number of Warrants   Weighted Average Remaining Life (Years) 
Outstanding warrants, January 1, 2025   699,546    3.22 
Pre-Funded Warrants (Note 13.a)   60,000      
Exercised   (757,903)     
Expired   (1,643)     
Outstanding warrants, September 30, 2025   
-
    
-
 
Schedule of Share-Based Payment Arrangement, Option, Activity

A summary of option activity under the Company’s equity incentive plan as of September 30, 2025, and changes during the period then ended is presented below. 

 

   Number of Stock Options   Weighted Average Exercise Price   Weighted Average Remaining Contractual Term (Years)   Aggregate Intrinsic Value 
Outstanding Options, December 31, 2024   470,061   $9.64    3.97   $- 
Options granted   15,000    3.12    -                     - 
Options forfeited   (127,720)   13.27    -    - 
Outstanding Options, September 30, 2025   357,341   $8.07    3.03   $- 

A summary of the Company’s nonvested options as of September 30, 2025, and changes during the nine-month period ended, is presented below.

 

   Number of Stock Options   Weighted Average Grant-Date Fair Value 
Non-Vested Options, December 31, 2024   206,427   $4.56 
Options granted   15,000    2.28 
Options vested   (82,477)   4.07 
Options forfeited   (48,430)   6.68 
Non-Vested Options, September 30, 2025   90,520   $3.48 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions

The fair value of each option award is estimated on the date of grant using a Black Scholes pricing option valuation model that uses the assumptions noted in the following table. 

 

   2025 
Risk free rate   3.98%
Dividend yield   0%
Expected volatility   93.18%
Expected term (in years)   3.12 
Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Activity

A summary of RSU activity under the Company’s equity incentive plan as of September 30, 2025, and changes during the period ended is presented below.

 

   Number of Stock RSUs   Aggregate Intrinsic Value 
Outstanding, December 31, 2024   
-
   $
-
 
RSUs granted   464,939    - 
RSUs exercised   (67,907)   - 
Outstanding, September 30, 2025   397,032   $1,186 

A summary of the Company’s nonvested RSUs as of September 30, 2025, and changes during the nine-month period ended, is presented below.

 

   Number of
Stock
RSUs
   Weighted
Average
Grant-Date
Fair
Value
 
Non-vested RSUs, December 31, 2024   
-
   $
-
 
RSUs granted   464,939    3.18 
RSUs vested   (67,907)   3.14 
Non-vested RSUs, September 30, 2025   397,032   $3.19 
Schedule of Share-Based Payment Arrangement, Deferred Stock Unit, Activity

A summary of DSU activity under the Company’s equity incentive plan as of September 30, 2025, and changes during the period ended, is presented below.

 

   Number of Deferred Stock Units   Aggregate Intrinsic Value 
Outstanding DSUs, December 31, 2024   
-
   $
-
 
DSUs granted   66,668    - 
Outstanding DSUs, September 30, 2025   66,668   $194 

A summary of the Company’s nonvested DSUs as of September 30, 2025, and changes during the nine-month period ended, is presented below.

 

   Number of Stock RSUs   Weighted Average Grant-Date Fair Value 
Non-vested DSUs, December 31, 2024   
-
   $
-
 
DSUs granted   66,668    3.12 
DSUs vested   (66,668)   3.12 
Non-vested DSUs, September 30, 2025   -   $-