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Stockholders’ Equity (Tables)

6 Months Ended

Jun. 30, 2025

Stockholders’ Equity [Abstract]

Schedule of Placement Agent Warrants Valuation Model with Assumptions

The March 2024 Placement Agent Warrants were valued on the date of issuance using Binomial Lattice valuation model with the following assumptions:

		March 15, 2024
Dividend rate			—	%
Term (in years)			5.5 years
Volatility			186.5	%
Risk—free interest rate			4.33	%

Schedule of Warrant Activity

Warrant activity for the six months ended June 30, 2025 is summarized as follows:  

		Number of Warrants				Weighted Average Exercise Price				Weighted Average Remaining Contractual Term (Years)				Aggregate Intrinsic Value
Balance Outstanding, December 31, 2024			4,509,259			$	3.14				3.57			$	301,616
Granted			-				-				-				-
Balance Outstanding, June 30, 2025			4,509,259			$	3.14				3.07			$	-
Exercisable, June 30, 2025			4,509,259			$	3.14				3.07			$	-

Schedule of Grant Date Using a Black-Scholes Option Pricing Model

The stock options were valued at the grant date using a Black-Scholes option pricing model with the following assumptions:

		Six Months Ended June 30, 2025				Six Months Ended June 30, 2024
Dividend rate			—				—	%
Term (in years)			3.0 years				3.0 to 5.5 years
Volatility			167.3	%			176.32 to 184.6	%
Risk—free interest rate			3.87	%			4.32% to 4.56	%

Schedule of Stock Option Activity

Stock option activity during the six months ended June 30, 2025 is summarized as follows:

		Number of Options				Weighted Average Exercise Price				Weighted Average Remaining Contractual Term (Years)				Aggregate Intrinsic Value
Balance Outstanding, December 31, 2024			64,084			$	31.35				7.76			$	3,080
Granted			75,000				1.11				-				-
Balance Outstanding, June 30, 2025			139,084			$	15.05				5.93			$	-
Exercisable, June 30, 2025			58,459			$	33.15				7.13			$	-

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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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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