Quarterly report [Sections 13 or 15(d)]

EQUITY (Tables)

v3.25.3
EQUITY (Tables)
9 Months Ended
Sep. 30, 2025
EQUITY  
Schedule of warrants activity

 

 

 

 

 

 

 

 

Weighted

 

 

 

Number of

 

 

Weighted Average

 

 

Average

 

 

 

Shares

 

 

Exercise Price

 

 

Life (years)

 

Outstanding, December 31, 2024

 

 

23,315

 

 

$ 67.50

 

 

 

0.79

 

Granted

 

 

824,143

 

 

 

6.04

 

 

 

5.00

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

(101,372 )

 

 

1.30

 

 

 

-

 

Outstanding, September 30, 2025

 

 

746,086

 

 

$ 8.60

 

 

 

4.59

 

Schedule of fair value assumptions to value stock options

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

2025

 

Expected term

 

 5.50 - 5.78 years

 

Expected average volatility

 

97 - 98

 %

Expected dividend yield

 

 

-

 

Risk-free interest rate

 

 

3.87 %
Schedule of stock options activity

 

 

Options Outstanding

 

 

Weighted Average

 

 

 

Number of

 

 

Weighted Average

 

 

Remaining Life

 

 

 

Options

 

 

Exercise Price

 

 

(years)

 

Outstanding, December 31, 2024

 

 

128,976

 

 

$ 11.03

 

 

 

7.76

 

Granted

 

 

98,866

 

 

 

11.03

 

 

 

10.00

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited/canceled

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, September 30, 2025

 

 

227,842

 

 

$ 11.03

 

 

 

8.20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable options, September 30, 2025

 

 

73,112

 

 

$ 12.78

 

 

 

7.21