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STOCKHOLDERS EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
STOCKHOLDERS EQUITY  
Schedule of assumptions used in calculation of fair value of warrants

 

 

Range of

Inputs 

Used

 

Annual dividend yield

 

$-

 

Expected life (years)

 

 

5.0

 

Risk-free interest rate

 

 

4.24%

Expected volatility

 

 

176.00%

Common stock price

 

$4.56

 

 

 

Range of

Inputs 

Used

 

Annual dividend yield

 

$-

 

Expected life (years)

 

 

5.0

 

Risk-free interest rate

 

 

4.04%

Expected volatility

 

 

166.00%

Common stock price

 

$3.76

 

 

 

Range of

Inputs 

Used

 

Annual dividend yield

 

$-

 

Expected life (years)

 

 

5.0

 

Risk-free interest rate

 

 

3.70%

Expected volatility

 

 

147.00%

Common stock price

 

$5.59

 

Schedule of warrant activity

 

 

Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Life

Remaining

 

Outstanding, December 31, 2023

 

 

2,284,932

 

 

$26.59

 

 

 

3.22

 

Issued

 

 

899,886

 

 

 

4.42

 

 

 

4.81

 

Exercises

 

 

-

 

 

 

 

 

 

 

 

 

Anti-Dilution Modifications

 

 

-

 

 

 

 

 

 

 

 

 

Forfeiture/Cancellations

 

 

(10 )

 

 

 

 

 

 

 

 

Outstanding, December 31, 2024

 

 

3,184,808

 

 

$20.30

 

 

 

2.95

 

Issued

 

 

4,869,150

 

 

 

3.75

 

 

 

4.65

 

Exercises

 

 

(1,953,240)

 

 

4.12

 

 

 

4.04

 

Anti-Dilution Modifications

 

 

-

 

 

 

 

 

 

 

 

 

Forfeiture/Cancellations

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2025

 

 

6,100,718

 

 

$5.06

 

 

 

3.41