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SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2025
SHARE-BASED COMPENSATION  
Summary of company's stock option activity and outstanding options

The following table summarizes the Company’s stock option activity as of and for the three months ended June 30, 2025:

     

Number 

of Shares

Outstanding - April 1, 2025

 

Granted

 

872,500

Exercised

 

Forfeited and Expired

 

Outstanding - June 30, 2025

 

872,500

Exercisable

 

377,778

Exercisable and expected to vest June 30, 2025

 

377,778

The following table summarizes information about the outstanding options as of June 30, 2025:

    

    

Outstanding

    

    

    

Exercisable

Weighted-

Weighted-

Weighted-

Average

Average

Average

Number of

Exercise

Remaining

Number of

Exercise

Exercise Price

    

Shares

    

Price

    

Life (Years)

    

Shares

    

Price

$2.04

 

872,500

$

2.04

 

10

 

377,778

$

2.04

Summary of restricted stock and stock units

    

Restricted Stock Awards

    

Restricted Stock Units

Weighted-

Weighted-

Average

Average

Number of

Grant Date

Number of

Grant Date

    

Shares

    

Fair Value

    

Units

    

Fair Value

Outstanding - April 1, 2025

 

 

 

 

Granted

 

107,893

$

2.04

 

500,000

$

2.04

Vested

 

107,893

$

2.04

 

$

Forfeited

 

 

$

Outstanding - June 30, 2025

 

107,893

$

2.04

 

500,000

$

2.04

Expected to vest - June 30, 2025

 

107,893

$

2.04

 

$