Annual report [Section 13 and 15(d), not S-K Item 405]

COMMON STOCK OPTIONS AND WARRANTS (Tables)

v3.25.1
COMMON STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of options activity
 Schedule of options activity                          
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares
 
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Exercise
Price
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate
Intrinsic
Value
 
 
 
 
 
  Outstanding at December 31, 2022       926,266     $ 5.74       3.3     $ —  
  Granted       463,117     $ 4.22       4.35       —  
  Forfeited       (1,608 )   $ 14.00       —       —  
  Outstanding at December 31, 2023       1,387,775     $ 5.23       3.0       —  
  Exercisable at December 31, 2023       581,324     $ 5.38       1.8     $ —  
                                     
  Outstanding at December 31, 2023       1,387,775     $ 5.23       3.0     $ —  
  Granted       —     $ —       —       —  
  Forfeited       (781,323 )   $ 5.17       —       —  
  Outstanding at December 31, 2024       606,452     $ 5.29       2.0     $ 514,394  
  Exercisable at December 31, 2024       442,445     $ 5.50       1.6     $ 296,145  
Schedule of weighted- average assumptions
 Schedule of weighted- average assumptions            
    For the Years Ended
December 31,
 
    2024     2023  
Risk free interest rate     —       3.73 %
Expected term in years     —       3.50  
Dividend yield     —       —  
Volatility of common stock     —       54% – 118%  
Weighted average grant date fair value per option   $ —     $ 1.57  
Schedule of warrants outstanding
 Schedule of warrants outstanding                        
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of
Warrants
 
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Exercise
Price
 
 
 
 
 
 
 
 
 
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate
Intrinsic
Value
 
 
 
 
 
Outstanding at December 31, 2022     80,091     $ 8.63       0.8       —  
Warrants expired, forfeited, cancelled or exercised     (102,947 )   $ —       —       —  
Warrants issued     —     $ —       —       —  
Outstanding at December 31, 2023     44,644     $ 7.70       0.7       —  
Exercisable at December 31, 2023     44,644     $ 7.70       0.7       —  
                                 
Outstanding at December 31, 2023     44,644     $ 7.70       0.7       —  
Warrants expired, forfeited, cancelled or exercised     (344,644 )   $ —       —       —  
Warrants issued     300,000     $ 3.00       4.47       —  
Outstanding at December 31, 2024     —     $ —       —       —  
Exercisable at December 31, 2024     —     $ —       —       —