Quarterly report [Sections 13 or 15(d)]

Stockholders??? Equity (Tables)

v3.25.3
Stockholders’ Equity (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of options activity and related information
                       
    Number of   Weighted   Weighted
    Shares   Average   Average
    Under   Exercise   Contractual
    Options   Price   Life
Options Outstanding at January 1, 2025     678,302     $ 2.79       6.42  
Options Granted     51,240       4.36          
Exercised     (195,651 )     2.24          
Expired/Cancelled     (30,958 )     2.79          
Options Outstanding at September 30, 2025     503,113     $ 2.56       4.48  
                         
Options Exercisable at September 30, 2025     503,113     $ 2.56       4.48  
Schedule of weighted average fair value of options granted
               
    2025   2024
Weighted average fair value of options granted   $ 4.36     $ 5.72  
Risk-free interest rate     4.32 %     3.94%-4.21 %
Volatility     108.39 %     126%-159 %
Expected life (years)     5.21       6 years  
Dividend yield   $ %   $ %
Schedule of activity related to Common Stock Warrants
               
    Number of Warrants   Weighted Average Exercise Price
Outstanding at January 1, 2025     1,031,250     $ 6.15  
Granted            
Exercised            
Settled for cash (Fundamental Transaction)     (517,500 )     6.15  
Forfeited/Expired            
Outstanding at September 30, 2025     513,750       6.15  
Exercisable at September 30, 2025     513,750     $ 6.15  
Schedule of activity related to RSUs
               
Restricted Stock Units (RSUs)   Shares   Weighted Average Fair Value $
RSUs non-vested at January 1, 2025     214,375     2.79  
RSUs granted     125,083       3.95  
RSUs vested     (224,547 )     3.41  
RSUs forfeited     (949 )     4.88  
RSUs non-vested at September 30, 2025     113,962     2.81