Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2025

Retirement Benefits [Abstract]

Schedule of Restricted Stock

The following table summarizes restricted stock activity during the nine months ended September 30, 2025:

	Unvested Shares			Issuable Shares			Fair Value at Date of Issuance			Weighted Average Grant Date Fair Value
Balance, December 31, 2024		1,320,834			-		$	4,531,224		$	3.43
Granted		450,000			-			405,000			0.90
Vested		(412,497	)		412,497			-			-
Forfeited		-									-
Issued		-			(412,497	)		(1,559,626	)		-
Balance, September 30, 2025		1,358,337			-		$	3,376,598		$	2.49

Schedule of Stock Options

A summary of stock option activity is presented below:

	Number of			Weighted Average
	Options			Exercise Price
Stock options outstanding at December 31, 2024		4,122,830		$	4.28
Granted		1,170,000			0.92
Exercised		-			-
Expired or forfeited		(1,245,608	)		(4.52	)
Stock options outstanding at September 30, 2025		4,047,222		$	3.11
Stock options exercisable at September 30, 2025		2,438,611		$	3.39

Schedule of Options Summarized by Exercise Price

The exercise prices of common stock options outstanding and exercisable at September 30, 2025 are as follows:

Exercise Prices		Options Outstanding (Shares)		Options Exercisable (Shares)
$	0.92		992,222		237,778
$	1.05		7,500		7,500
$	1.25		24,000		24,000
$	1.50		400,000		400,000
$	3.35		61,000		61,000
$	4.22		2,562,500		1,708,333
			4,047,222		2,438,611