XML 55 R43.htm IDEA: XBRL DOCUMENT v3.25.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF RESTRICTED STOCK AWARDS ACTIVITY

The activity for restricted stock awards under the Company’s incentive plans was as follows for the years ended December 31, 2024 and 2023:

  

           Weighted 
       Weighted   Average 
       Average   Remaining 
   Number   Grant Date   Contractual 
   Shares   Fair Value   Term (years) 
             
Nonvested at December 31, 2023   -   $-    - 
Granted   -   $-    - 
Shares vested   -   $-    - 
Forfeitures   -   $-    - 
Nonvested at December 31, 2024   -   $-    - 
                
Nonvested at December 31, 2022   -   $-    - 
Granted   -   $-    - 
Acquired concurrent with the Titan Merger (vested and unreleased)   1,405,000   $0.01    - 
Acquired concurrent with the Titan Merger (unvested)   3,600,000   $0.01    - 
Shares vested   (300,000)  $0.01    - 
Forfeitures and cancelations   (4,705,000)  $0.01    - 
Total outstanding at December 31, 2023   -   $-    - 
SCHEDULE OF STOCK OPTION ACTIVITY

The activity for stock options under the Company’s incentive plans was as follows for the years ended December 31, 2024 and 2023:

 

   Number of Shares   Weighted Average Exercise Price   Weighted Average Remaining Life (Years)   Aggregate Intrinsic
Value
 
Outstanding as of December 31, 2023   -   $-    -       - 
Granted   24,500,000    0.04    5.00    - 
Cancelled or forfeited   -    -    -    - 
Exercised   -    -    -    - 
Outstanding as of December 31, 2024   24,500,000    0.04    5.00    - 
Exercisable as of December 31, 2024   24,500,000   $0.04    5.00    - 
SCHEDULE OF KEY ASSUMPTIONS USED TO VALUE STOCK OPTIONS

   For the Years Ended 
   December 31,   December 31, 
   2024   2023 
         
Expected term (years)   2.50    N/A 
Expected volatility   39.36%   N/A 
Expected dividend yield   0.00%   N/A 
Risk-free interest rate   4.38%   N/A