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STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Class of Stock [Line Items]  
SCHEDULE OF WARRANT ACTIVITY

There were no new warrants issued during the six months ended June 30, 2026. A summary of all Warrant share activity as of and for the six months ended June 30, 2026 is presented below:

 

   Warrant Shares  

Weighted-Average

Remaining Life (Years)

  

Weighted-Average

Exercise Price

  

Aggregate Intrinsic

Value (in millions)

 
Outstanding as of December 31, 2024   315,056    4.6   $28.00   $1.0 
Additions due to price protection adjustment   5,430,468    4.3    0.66    5.8 
Issued with Series G Preferred Stock units sold   389,490    4.0    0.66    0.4 
Granted   302,200    4.7    2.36    - 
Exercised   (25,000)   -    (1.00)   - 
Expired   (1,083)   -    (767.54)               - 
Outstanding as of December 31, 2025   6,411,131    4.1   $1.76   $6.4 
Exercised   (579,360)   -    (0.66)   (0.8)
Expired   (4,500)   -    -    - 
Outstanding as of June 30, 2026   5,827,271    3.3   $1.41   $3.1 
SCHEDULE OF FAIR VALUE OF WARRANTS

The following assumptions were used in the Black-Scholes valuation model for options granted during the six months ended June 30, 2026:

 

Volatility   132-142%
Risk-free interest rate   3.63-4.21%
Expected term (in years)   5.2-5.4 
Expected dividend yield   - 
Exercise price of common stock  $1.21-2.85 
Warrant [Member]  
Class of Stock [Line Items]  
SCHEDULE OF FAIR VALUE OF WARRANTS

The estimated fair value of the deemed dividend relating to the price protection adjustment is computed as the fair value of the warrants with the reduced exercise price of $1.67 less the fair value of the warrants at the original exercise price of $6.50 as computed on the trigger date. The Black-Scholes option-pricing model used the assumptions below for the six months ended June 30, 2025:

 

Volatility   100-131% 
Risk-free interest rate   3.94% - 4.46% 
Expected term (in years)   5.0 
Expected dividend yield   - 
Fair value of common stock   $0.66 - $8.60