v3.25.2
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Stock-based Compensation  
Schedule of variables used as inputs in calculation of fair value of stock options

    

2025

    

2024

Share price of the Company’s Common Stock on the grant date:

$

0.97 - 1.52

1.50

Exercise price:

$

0.97 - 1.52

1.50

Expected volatility:

 

121.04

121.04

%

Expected dividend yield:

 

0

0

%

Annual average risk-free rate:

 

4.13 - 4.47

4.14

%

Expected term:

 

6.32

6.32

years

Schedule of stock options and restricted stock units activity

The following tables summarize information about stock options and RSU activity for the six months ended June 30, 2025:

RSUs

Stock options

    

    

Weighted

    

    

Weighted

    

Weighted

average

average

average

No. of

grant date

No. of

exercise

remaining

RSUs

fair value

options

price

term

Outstanding as of December 31, 2024

30,000

$

1.80

539,799

$

12.85

7.63 years

Granted

495,679

0.97

581,038

1.00

Exercised/Vested

(495,679)

0.97

Forfeited

(357)

29.18

Expired

 

(175,926)

18.95

Outstanding as of June 30, 2025

30,000

$

1.80

944,554

$

4.37

9.24 years

Exercisable as of June 30, 2025

249,324

$

13.09

9.24 years