Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS??? EQUITY (Tables)

v3.25.2
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of black scholes option pricing model using assumptions
       
   

At

June 30, 2025

 
Grant date share price   $ 7.11  
Grant date exercise price   $ 6.04  
Expected term     0.5 years  
Expected volatility     105.3 %
Risk-free rate     4.29 %
Expected dividend rate     0 %
Schedule of stock-based compensation
       
    At
June 30, 2025
 
Cash from employee withholdings used to purchase ESPP shares   $ 114,724  
Stock based compensation expense     65,114  
Total charges related to the Employee Stock Purchase Plan   $ 179,838  

 

       
    At
June 30, 2024
 
Cash from employee withholdings used to purchase ESPP shares   $ 87,348  
Stock based compensation expense     40,589  
Total charges related to the Employee Stock Purchase Plan   $ 127,937  
Schedule of options
                         
    Number of
Options
    Weighted
Average
Exercise
Price
    Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic
Value
 
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  
                                 
Outstanding at December 31, 2024     606,452     $ 5.29       2.0     $ 514,394  
Granted     20,000     $ 5.64       4.75     $ 30,200  
Exercised/Forfeited/Expired     (141,327 )   $ 5.31           $  
Outstanding at June 30, 2025     485,125     $ 5.30       2.2     $ 895,277  
Exercisable at June 30, 2025     344,915     $ 5.66       1.7     $ 512,862  
Schedule of warrants
                         
    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term (Years)
    Aggregate
Intrinsic
Value
 
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           $  
Outstanding at December 31, 2024         $           $  
Exercisable at December 31, 2024         $           $  
                                 
Outstanding at December 31, 2024         $           $  
Warrants issued         $           $  
Warrants expired, forfeited, cancelled or exercised         $           $  
Outstanding at June 30, 2025         $           $  
Exercisable at June 30, 2025         $           $  
Schedule of restricted stock unit
Schedule of restricted stock unit               
    Number of
Shares
    Weighted
Average
Grant
Date Fair Value Per Share
   
Unvested at December 31, 2023         $    
Restricted stock forfeited         $    
Restricted stock granted         $    
Unvested at December 31, 2024         $    
Vested at December 31, 2024         $    
                   
Unvested at December 31, 2024         $    
Restricted stock granted     1,971,898     $ 5.98    
Restricted stock forfeited         $    
Restricted stock vested     (10,000 )   $ 5.98    
Unvested at June 30, 2025     1,961,898     $ 5.98    
Vested at June 30, 2025     10,000     $ 5.98