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

EQUITY (Tables)

v3.25.4
EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
EQUITY  
Schedule of warrants activity

 

 

 

 

 

 

 

 

 

 

 

Number of

 

 

Weighted

Average

 

 

Weighted

Average

 

 

 

shares

 

 

Exercise Price

 

 

Life (years)

 

Outstanding, December 31, 2023

 

 

40,438

 

 

$ 264.42

 

 

 

1.10

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(17,123 )

 

 

602.88

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, December 31, 2024

 

 

23,315

 

 

$ 67.50

 

 

 

0.79

 

Granted

 

 

1,522,158

 

 

 

5.26

 

 

 

5.00

 

Expired

 

 

(23,315 )

 

 

67.50

 

 

 

-

 

Exercised

 

 

(123,417 )

 

 

1.07

 

 

 

-

 

Outstanding, December 31, 2025

 

 

1,398,741

 

 

$ 5.63

 

 

 

4.84

 

Schedule of stock options activity

 

 

Options Outstanding

 

 

Weighted Average

 

 

 

Number of

 

 

Weighted

Average

 

 

Remaining

life

 

 

 

Options

 

 

Exercise Price

 

 

(years)

 

Outstanding, December 31, 2023

 

 

86,559

 

 

$ 95.82

 

 

 

8.07

 

Granted

 

 

42,417

 

 

 

8.88

 

 

 

10.00

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited/canceled

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, December 31, 2024

 

 

128,976

 

 

$ 11.03

 

 

 

7.76

 

Granted

 

 

98,866

 

 

 

11.03

 

 

 

10.00

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited/canceled

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, December 31, 2025

 

 

227,842

 

 

$ 11.03

 

 

 

7.95

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable options, December 31, 2025

 

 

87,204

 

 

$ 12.20

 

 

 

7.06

 

Schedule of fair value assumptions to value stock options

 

 

Year ended

 

 

Year ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Expected term

 

5.50 - 5.78 years

 

 

3.08 - 6.08 years

 

Expected average volatility

 

97 - 98%

 

 

87 - 110%

 

Expected dividend yield

 

 

-

 

 

 

-

 

Risk-free interest rate

 

 

3.87%

 

4.02 - 4.44%