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Stock Option Plan (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of stock-based compensation expense for stock options
Stock-based compensation expense recognized in selling, general, and administrative, and research and development are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Options$8,124 $598,588 $576,805 $1,638,820 
Restricted stock237,500 2,487 237,500 290,443 
Stock options - modified options— — — 169 
Profit interest units(1)— — — 62,452 
    Total$245,624 $601,075 $814,305 $1,991,884 
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(1) Profit interest is related to Levo which has been dissolved as an entity. See Note 18.
Schedule of stock option activity
The following is a summary of the stock option activity under the 2010 Plan for the nine months ended September 30, 2025:
SharesWeighted-
Average
Exercise
Price per
Share($)
Weighted-
Average
Remaining
Contractual
Term
(Years)
Aggregate Intrinsic Value($)
Outstanding - December 31, 20241,916 1,033.97 2.54— 
Granted— — — — 
Exercised— — — — 
Forfeited— — — — 
Expired/Cancelled(747)508.47 — — 
Outstanding - September 30, 20251,169 1,369.78 2.94— 
Options Exercisable at September 30, 20251,169 1,369.78 2.94— 
Options Vested at September 30, 2025
1,169 1,369.78 2.94— 
The following is a summary of the stock option activity under the 2020 Plan for the nine months ended September 30, 2025:
SharesWeighted-
Average
Exercise
Price per
Share ($)
Weighted-
Average
Remaining
Contractual
Term
(Years)
Aggregate Intrinsic Value($)
Outstanding - December 31, 20244,743 3,874.89 6.68— 
Granted— — — — 
Exercised— — — — 
Forfeited— — — — 
Expired/Cancelled(10)2,708.00 — — 
Outstanding - September 30, 20254,733 3,877.35 5.95— 
Options Exercisable at September 30, 20253,746 4,879.38 5.72— 
Options Vested at September 30, 2025
3,746 4,879.38 5.72— 
Schedule of disclosure of share-based compensation arrangements by share-based payment award
Other Information:
Nine Months Ended
September 30,
 
20252024
Amount received from option exercised$— $— 
September 30, 2025Weighted average remaining recognition period
Total unrecognized options compensation costs$16,358  1.58
Schedule of nonvested restricted stock units
The Company did not have any nonvested restricted stock units as of the nine months ended September 30, 2025.
SharesWeighted-
Average Grant
Date Fair Value($)
Nonvested at December 31, 2024— — 
Granted 500,000 0.48 
Vested/Release(500,000)— 
Cancelled/Forfeited— — 
Nonvested and Outstanding at September 30, 2025
— —