Stock Based Compensation

9 Months Ended

Sep. 30, 2025

Stock Based Compensation [Abstract]

STOCK BASED COMPENSATION

8. STOCK BASED COMPENSATION

Restricted Stock Grants

For the three and nine months ended September 30, 2025, $112,100 and $125,224 of stock-based compensation was expensed and included in general and administrative expenses on the accompanying condensed unaudited consolidated statements of operations. At September 30, 2025, there was no remaining unrecognized stock-based compensation expense.

The following table summarizes our restricted stock activity for the nine months ended September 30, 2025 and the year ended December 31, 2024:

	September 30,
	2025
Balance at beginning of period	$	1,050,000
Granted		1,000,000
Expired / Cancelled		—
Released		—
Balance at end of period	$	2,050,000

	December 31,
	2024
Balance at beginning of period		—
Granted	$	1,050,000
Expired / Cancelled		—
Released		—
Balance at end of period	$	1,050,000