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Share-based Compensation (Tables)

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Information about Incentive Plan

The following table contains information about the 2019 Plan as of September 30, 2025:

 Schedule of Information about Incentive Plan

		Awards Reserved				Awards				Awards				Awards Available
		for Issuance				Issued				Exercised				for Grant
2019 Plan(1)			1,651,429				1,134,407				173,548				547,022
Awards issued outside of 2019 Plan(2)			-				100,821				92,113				-

(1)	Includes incentive stock options and restricted stock units discussed below.
(2)	Includes shares of restricted common stock granted outside of the 2019 Plan to our Chief Executive Officer.

Schedule of Incentive Stock Option Activity

The following table summarizes the Company’s incentive stock option activity and related information for the period ended September 30, 2025:

 Schedule of Incentive Stock Option Activity

										Weighted
						Weighted				Average
						Average				Contractual
		Number of				Exercise				Term in
		Options				Price				Years
Outstanding at January 1, 2025			588,397			$	2.67				7.81
Granted			400,000				3.26				8.13
Exercised			(6,458	)			2.05				—
Forfeited			—				—				—
Cancelled			(58,542	)			2.01				—
Expired			(14,286	)			5.25				—
Outstanding at September 30, 2025			909,111			$	2.94				7.29
Exercisable at September 30, 2025			436,611			$	2.24				7.18

Schedule of Assumptions used in Share-based Compensation

The following assumptions were used to calculate share-based compensation expense for the nine months ended September 30, 2025:

 Schedule of Assumptions used in Share-based Compensation

		2025
Volatility			76.26-108.75	%
Risk-free interest rate			3.83-4.38	%
Dividend yield			0.0	%
Expected term			5.00-5.5 years

Schedule of Restricted Stock Units Granted

 Schedule of Restricted Stock Units Granted

						Weighted
						Average
		Number of				Grant Date
		Units				Fair Value
Outstanding at January 1, 2025			55,874			$	2.16
Granted			45,198				3.57
Exercised and converted to common shares			(39,116	)			3.39
Forfeited			(1,500	)			2.72
Outstanding at September 30, 2025			60,456			$	2.41
Exercisable at September 30, 2025			15,928			$	2.17

Schedule of Common Stock Warrants

The following table shows a summary of common stock warrants through September 30, 2025:

 Schedule of Common Stock Warrants

						Weighted				Weighted
						Average				Average
		Number of				Exercise				Contractual
		Warrants				Price				Term in Years
Outstanding at January 1, 2025			4,765,205			$	5.18				2.42
Granted			262,392				4.25				5.00
Exercised			—				—				—
Forfeited			—				—				—
Cancelled			—				—				—
Expired			—				—				—
Outstanding at September 30, 2025			5,027,597			$	5.13				1.84
Exercisable at September 30, 2025			5,027,597			$	5.13				1.84

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Tabular disclosure of share-based payment arrangement.

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Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

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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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