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WARRANT LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2025

Warrant Liabilities

SCHEDULE OF WARRANTS ACTIVITY

The following table summarizes the activity in liability classified warrants for the nine months ended September 30, 2025:

 SCHEDULE OF WARRANTS ACTIVITY

		Common Stock Warrants
		Shares				Weighted– Average Exercise Price				Range of Exercise Price				Weighted– Average Remaining Life (Years)
Total outstanding –December 31, 2024			68,712			$	2.00				$0.05 - $7.80				4.32	*
Granted			—				-				—				-
Exercised			—				—				—				—
Reclassified from equity			—				—				—				—
Reclassified to equity			—				—				—				—
Expired			(1,494	)		$	6.50				$6.50 - $6.50				—
Total outstanding – September 30, 2025			67,218			$	1.90				$0.05 - $7.80				3.94	*
			67,218			$	1.90				$0.05 - $7.80				3.94	*

* excludes 51,199 pre-funded warrants which have no expiration date.

The following table summarizes the activity in liability classified warrants for the nine months ended September 30, 2024:

		Common Stock Warrants
		Shares				Weighted- Average Exercise Price				Range of Exercise Price				Weighted– Average Remaining Life (Years)
Total outstanding –December 31, 2023			9,113			$	36.50				$36.50 - $36.50				0.49
Granted			52,474			$	10.96				$6.50 - $13.00				4.41
Exercised			—				—				—				—
Reclassified from equity			2,314			$	6.50				$6.50 - $6.50				4.41
Reclassified to equity			—				—				—				—
Expired			(25,586	)		$	13.00				$13.00 - $13.00				—
Total outstanding – September 30, 2024			38,315			$	6.50				$6.50 - $6.50				4.41
Exercisable			38,315			$	6.50				$6.50 - $6.50				4.41

SCHEDULE OF FAIR VALUE OF HIERARCHY FOR WARRANT LIABILITIES

The following table presents the Company’s fair value hierarchy for its warrant liabilities measured at fair value on a recurring basis as of September 30, 2025:

 SCHEDULE OF FAIR VALUE OF HIERARCHY FOR WARRANT LIABILITIES

		Quoted
		Market				Significant
		Prices for				Other				Significant
		Identical				Observable				Unobservable
		Assets				Inputs				Inputs
Common Stock Warrant Liabilities		(Level 1)				(Level 2)				(Level 3)				Total
Balance as of December 31, 2024		$	—			$	—			$	269,175			$	269,175
Granted			—				—				—				—
Exercised			—				—				—				—
Loss on change in fair value of warrant liabilities			—				—				93,148				93,148
Balance as of September 30, 2025		$	—			$	—			$	362,323			$	362,323

The following table presents the Company’s fair value hierarchy for its warrant liabilities measured at fair value on a recurring basis as of December 31, 2024:

		Quoted
		Market				Significant
		Prices for				Other				Significant
		Identical				Observable				Unobservable
		Assets				Inputs				Inputs
Common Stock Warrant liabilities		(Level 1)				(Level 2)				(Level 3)				Total
Balance as of December 31, 2023		$	—			$	—			$	54,600			$	54,600
Granted			—				—				565,582				565,582
Exercised			—				—				—				—
Fair value of warrants reclassified from equity			—				—				262,259				262,259
Fair value of warrants reclassified to equity			—				—				(197,456	)			(197,456	)
Gain on change in fair value of warrant liabilities			—				—				(415,810	)			(415,810	)
Balance as of December 31, 2024		$	—			$	—			$	269,175			$	269,175

SCHEDULE OF ASSUMPTIONS OF WARRANT LIABILITIES

The following are the weighted average and the range of assumptions used in estimating the fair value of warrant liabilities (weighted average calculated based on the number of outstanding warrants on each issuance) as of September 30, 2025 and December 31, 2024:

 SCHEDULE OF ASSUMPTIONS OF WARRANT LIABILITIES

		September 30, 2025								December 31, 2024
		Range				Weighted Average				Range				Weighted Average
Risk-free interest rate			3.66% — 3.71	%			3.71	%			3.79	%			4.24% - 4.38	%
Expected volatility (peer group)			130.0% — 130.0	%			130.00	%			133.50	%			117.5% - 125.0	%
Term of warrants (years)			3.94 — 5.00				4.32				4.2				0.4 - 4.70
Expected dividend yield			0.00	%			0.00	%			0.00	%			0.00	%

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Schedule Of Assumptions Of Warrant Liabilities [Table Text Block]

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- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-3

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