XML 33 R24.htm IDEA: XBRL DOCUMENT v3.25.4
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Warrants Activity

The following table summarizes the Company’s warrant activity for the years ended December 31, 2025 and 2024, not including pre-funded warrants:

 

 

 

Warrants

 

 

Weighted
Average
Exercise Price

 

Outstanding at December 31, 2023

 

 

19,694

 

 

$

1,095.27

 

Issued

 

 

19,866,666

 

 

 

4.69

 

Exercised

 

 

(12,000

)

 

 

5.65

 

Canceled

 

 

 

 

 

 

Outstanding at December 31, 2024

 

 

19,874,360

 

 

$

5.77

 

Issued

 

 

 

 

 

 

Exercised

 

 

(2,976,079

)

 

 

5.14

 

Canceled/Expired

 

 

(3,170

)

 

 

1,151.33

 

Outstanding at December 31, 2025

 

 

16,895,111

 

 

$

5.66

 

Schedule of Outstanding Stock Options

Transactions during the years ended December 31, 2025 and 2024 related to stock options granted to employees and directors under Company option plans were as follows:

 

 

 

Shares

 

 

Weighted
average
exercise
price per
Share

 

 

Weighted
average
remaining
contractual life
(years)

 

 

Aggregate
intrinsic
value
(in thousands)

 

Options outstanding as of December 31, 2023

 

 

646

 

 

$

4,509.71

 

 

 

7.42

 

 

$

-

 

Granted

 

 

3,125,794

 

 

 

5.94

 

 

 

 

 

 

 

Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Canceled or forfeited

 

 

(4

)

 

 

159,600.00

 

 

 

 

 

 

 

Options outstanding as of December 31, 2024

 

 

3,126,436

 

 

$

6.66

 

 

 

9.95

 

 

$

783

 

Granted

 

 

3,490,000

 

 

 

5.93

 

 

 

 

 

 

 

Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

Canceled or forfeited

 

 

(4

)

 

 

107,360.00

 

 

 

 

 

 

 

Options outstanding as of December 31, 2025

 

 

6,616,432

 

 

$

6.21

 

 

 

9.19

 

 

$

41,382

 

Options exercisable at December 31, 2025

 

 

3,125,754

 

 

$

6.50

 

 

 

8.95

 

 

$

19,533

 

Schedule of Options Outstanding

The following table summarizes all options issued under the Company's stock plans that are outstanding as of December 31, 2025:

 

 

 

 

 

 

 

Options Outstanding at
December 31, 2025

 

 

Options Exercisable and Vested
at December 31, 2025

 

Exercise Price

 

 

 

 

 

Number of
Options

 

 

Weighted
Average
Remaining
Contractual
Life (Years)

 

 

Number of
Options

 

 

Weighted
Average
Exercise Price

 

$

3.55

 

to

$

7.10

 

 

 

6,615,794

 

 

 

9.2

 

 

 

3,125,196

 

 

$

5.94

 

$

992.00

 

to

$

87,040.00

 

 

 

638

 

 

 

5.4

 

 

 

558

 

 

$

3,148.70

 

 

 

 

 

 

 

6,616,432

 

 

 

9.2

 

 

 

3,125,754

 

 

$

6.50

 

 

Schedule of Assumptions to Estimate Fair Value of Options Granted

 

 

 

For the year ended December 31,

 

 

 

2025

 

 

2024

 

Risk-free interest rate (weighted average)

 

 

4.18

%

 

 

4.09

%

Expected volatility (weighted average)

 

 

122.16

%

 

 

131.33

%

Expected term (in years)

 

 

5.9

 

 

 

5.0

 

Expected dividend yield

 

 

0.00

%

 

 

0.00

%

Pre-Funded Warrants [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Warrants Activity

Pre-Funded Warrants Activity

The following table summarizes the Company’s pre-funded warrant activity for the years ended December 31, 2025 and 2024:

 

 

Prefunded Warrants

 

 

Weighted
Average
Exercise Price

 

Outstanding at December 31, 2023

 

 

-

 

 

$

 

Issued

 

 

33,061,411

 

 

 

0.01

 

Exercised

 

 

(1,178,740

)

 

 

0.01

 

Canceled

 

 

-

 

 

 

 

Outstanding at December 31, 2024

 

 

31,882,671

 

 

$

0.01

 

Issued

 

 

3,760,726

 

 

 

0.01

 

Exercised

 

 

(2,538,799

)

 

 

0.01

 

Canceled

 

 

(1,820

)

 

 

0.01

 

Outstanding at December 31, 2025

 

 

33,102,778

 

 

$

0.01