Common Stock Warrants and Options (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Class of Warrant or Right [Line Items] |
|
| Schedule of Warrant Activity |
Stock
warrant transactions for the years ended December 31, 2025 and 2024, were as follows:
Schedule of Warrant Activity
| |
|
Number of |
|
|
Weighted Average |
|
| |
|
Warrants |
|
|
Exercise Price |
|
| Warrants outstanding at December 31, 2023 |
|
|
304,962 |
|
|
$ |
63.30 |
|
| Granted |
|
|
828,800 |
|
|
|
4.47 |
|
| Forfeited/cancelled |
|
|
(13,333 |
) |
|
|
165.00 |
|
| Exercised |
|
|
— |
|
|
|
— |
|
| Warrants outstanding at December 31, 2024 |
|
|
1,120,429 |
|
|
$ |
18.85 |
|
| Granted |
|
|
16,468,308 |
|
|
|
0.5319 |
|
| Anti-dilution adjustment (1)
|
|
|
42,535,592 |
|
|
|
0.5319 |
|
| Forfeited/cancelled |
|
|
(1,866 |
) |
|
|
165.00 |
|
| Exercised |
|
|
(9,589,536 |
) |
|
|
— |
|
| Warrants outstanding at December 31, 2025 |
|
|
50,532,927 |
|
|
$ |
0.92 |
|
| Warrants exercisable at December 31, 2025 |
|
|
16,344,159 |
|
|
$ |
1.74 |
|
| |
(1) |
In
connection with subsequent equity issuances, the exercise price of the warrants was reduced and the number of shares issuable upon
exercise was increased in accordance with the antidilution provisions of the warrant agreements. |
|
| Schedule of Options Activity |
The
following table summarizes stock option transactions for the years ended December 31, 2025 and 2024:
Schedule of Options Activity
| |
|
Number of |
|
|
Weighted Average |
|
| |
|
Options |
|
|
Exercise Price |
|
| Options outstanding at December 31, 2023 |
|
|
126,265 |
|
|
$ |
40.15 |
|
| Granted |
|
|
23,335 |
|
|
|
2.11 |
|
| Forfeited/cancelled |
|
|
(25,000 |
) |
|
|
41.80 |
|
| Exercised |
|
|
— |
|
|
|
— |
|
| Options outstanding at December 31, 2024 |
|
|
124,600 |
|
|
$ |
32.69 |
|
| Granted |
|
|
525,000 |
|
|
|
1.33 |
|
| Forfeited/cancelled |
|
|
(52,050 |
) |
|
|
43.08 |
|
| Exercised |
|
|
— |
|
|
|
— |
|
| Options outstanding at December 31, 2025 |
|
|
597,550 |
|
|
$ |
4.23 |
|
| Options exercisable at December 31, 2025 |
|
|
435,883 |
|
|
$ |
5.29 |
|
|
| Schedule of Options Outstanding and Options Exercisable |
The
following table summarizes stock options exercisable as of December 31, 2025:
Schedule of Options Outstanding and Options Exercisable
|
Range of Exercise Price
|
|
|
Number Outstanding
|
|
|
Weighted Average Remaining Contractual Life (Years)
|
|
|
Weighted Average Exercise Price
|
|
| $ |
1.33 |
|
|
|
375,000 |
|
|
|
9.6 |
|
|
$ |
1.33 |
|
| |
2.11 |
|
|
|
11,668 |
|
|
|
7.5 |
|
|
|
2.11 |
|
| |
10.50 |
|
|
|
16,666 |
|
|
|
7.3 |
|
|
|
10.50 |
|
| |
25.50 |
|
|
|
16,666 |
|
|
|
7.0 |
|
|
|
25.50 |
|
| |
74.40 |
|
|
|
15,883 |
|
|
|
6.5 |
|
|
|
74.40 |
|
| |
|
|
|
|
435,883 |
|
|
|
|
|
|
|
|
|
|
| Warrants [Member] |
|
| Class of Warrant or Right [Line Items] |
|
| Schedule of Warrants Exercisable |
The
following table summarizes warrants exercisable as of December 31, 2025:
Schedule of Warrants Exercisable
|
Range of Exercise Price
|
|
|
Number Outstanding
|
|
|
Weighted Average Remaining Contractual Life (Years)
|
|
|
Weighted Average Exercise Price
|
|
| $ |
0.0001 |
|
|
|
326,251 |
|
|
|
N/A |
|
|
$ |
0.0001 |
|
| |
0.5319 |
|
|
|
4,915,400 |
|
|
|
4.6 |
|
|
|
0.5319 |
|
| |
0.5319 |
|
|
|
9,821,341 |
|
|
|
N/A |
|
|
|
0.5319 |
|
| |
2.02 |
|
|
|
369,138 |
|
|
|
2.7 |
|
|
|
2.02 |
|
| |
2.46 |
|
|
|
24,390 |
|
|
|
4.6 |
|
|
|
2.46 |
|
| |
2.50 |
|
|
|
50,000 |
|
|
|
2.6 |
|
|
|
2.50 |
|
| |
2.8375 |
|
|
|
21,145 |
|
|
|
4.6 |
|
|
|
2.8375 |
|
| |
4.35 |
|
|
|
437,931 |
|
|
|
3.6 |
|
|
|
4.35 |
|
| |
5.4375 |
|
|
|
88,800 |
|
|
|
3.6 |
|
|
|
5.4375 |
|
| |
30.00 |
|
|
|
216,667 |
|
|
|
2.8 |
|
|
|
30.00 |
|
| |
37.50 |
|
|
|
13,000 |
|
|
|
2.3 |
|
|
|
37.50 |
|
| |
165.00 |
|
|
|
52,316 |
|
|
|
0.4 |
|
|
|
165.00 |
|
| |
206.25 |
|
|
|
7,780 |
|
|
|
0.4 |
|
|
|
206.25 |
|
| |
|
|
|
|
16,344,159 |
|
|
|
4.5 |
|
|
|
1.04 |
|
|