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Warrants (Tables)
9 Months Ended
Sep. 30, 2025
Warrants [Abstract]  
Schedule of Warrant Activity

Warrant activity for the nine months ended September 30, 2025 are summarized as follows:

 

Warrants  Number of
Warrants
   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Contractual
Term
(Years)
   Aggregate
Intrinsic
Value
 
Outstanding and exercisable - January 1, 2025   90,721   $76.16    4.82    
 
Granted   286,783              
 
Expired   
                
Exercised   (279,752)               
Outstanding and exercisable – September 30, 2025   97,752   $72.10    4.00   $
 
Schedule of Fair Value of Warrants Granted Using Black-Scholes Value Model

The fair value of warrants granted during the nine months ended September 30, 2025 were valued using a Black-Scholes Value model, with the following assumptions

 

Risk-free interest rate     4.48 %
Contractual term     5 years  
Dividend yield     0 %
Expected volatility     143 %