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STOCK BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2025

STOCK BASED COMPENSATION

Schedule of the company's stock option activity

​

​	​	​	​	​	​	​	​	​	​	​
​	​ ​ ​	​	​ ​ ​	​	​	​	​	​	​ ​ ​	Weighted Average
​	​	​	​	​	​	​	​	​	​	Remaining
​	​	​	​	Weighted Average		​	​	​	​	Contractual
​	​ ​ ​	Number of Shares	​ ​ ​	Exercise Price		​ ​ ​	Total Intrinsic Value		​ ​ ​	Life (in years)
Outstanding as of January 1, 2024		737,895	​	$	25.42	​	$	1,317,234	​	7.6
Granted		—	​	​	—	​	​	—	​	—
Exercised	​	(25,602)	​		2.43	​		—	​	—
Canceled/Expired	​	(124,589)	​		42.24	​		—	​	—
Outstanding as of December 31, 2024		587,704	​	​	22.85	​	$	377,767	​	6.8
Granted		1,202,834	​	​	1.04	​	​	—	​	—
Exercised		—	​		—	​		—	​	—
Canceled/Expired		(27,660)	​		35.66	​		—	​	—
Outstanding as of December 31, 2025		1,762,878	​	$	7.77	​	$	563,368	​	8.5
Options vested and exercisable		461,202	​	$	26.57	​	$	7,619	​	5.6

Schedule of weighted average assumptions used in calculating the fair values of stock options that were granted

​

​	​	​	​	​	​	​	​
​	​	For the Years Ended					​
​	​	December 31,					​
​	​ ​ ​	2025		​ ​ ​	2024		​
Exercise price	​	$	1.04	​	$	—	​
Expected term (years)	​		5.7	​		—	​
Expected stock price volatility	​		104.82	%		—	%
Risk-free rate of interest	​		3.88	%		—	%
Expected dividend rate	​		0.00	%		—	%

Schedule of stock-based compensation expenses

​

​	​	​	​	​	​	​
​	​ ​ ​	For the Years Ended
​	​	December 31,
​	​ ​ ​	2025		​ ​ ​	2024
Stock Compensation expenses:		​	​		​	​
Research and development	​	$	308,068	​	$	15,247
General and administrative	​	​	229,472	​	​	230,617
Total stock compensation expenses	​	$	537,540	​	$	245,864

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Tabular disclosure of stock based compensation expenses recorded.

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Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, 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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