SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF STOCK VALUATION ASSUMPTIONS

	Three Months Ended March 31, 2025			Three Months Ended March 31, 2024
Risk-free interest rate		3.98 to 4.11	%		1.80
Expected dividend yield		—			—
Expected term		5 years			5 years
Expected volatility		50.92 to 52.84	%		53.43

SCHEDULE OF WARRANTS OUTSTANDING

For the three months ended March 31, 2025, warrant activity of the Company are as follows:

	Number of shares		Weighted Average Exercise Price		Weighted average remaining contractual life (in years)		Aggregate Intrinsic Value
Outstanding at January 1, 2025		350,000	$	1.06		7.07	$	—
Issued		—		—		—		—
Exercised		—		—		—		—
Expired/Forfeited		—		—		—		—
Outstanding at March 31, 2025		350,000	$	1.06		6.82	$	—

For the three months ended March 31, 2024, warrant activity of the Company are as follows:

	Number of shares		Weighted Average Exercise Price		Weighted average remaining contractual life (in years)		Aggregate Intrinsic Value
Outstanding at January 1, 2024		350,000	$	1.06		8.07	$	—
Issued		—		—		—		—
Exercised		—		—		—		—
Expired/Forfeited		—		—		—		—
Outstanding at March 31, 2024		350,000	$	1.06		7.82	$	—
Vested and exercisable March 31, 2024		—		—		—		—

Time Based Options [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF STOCK OPTION ACTIVITY

For the three months ended March 31, 2025, stock option activity for time-based options of the Company is as follows:

	Number of Time-Based Share Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value
Outstanding at January 1, 2025		550,711	$	1.36		7.87	$	7,390
Issued		608,500		1.56		9.87		—
Exercised		—		—		—		—
Expired/Forfeited		—		0.28		7.33		—
Outstanding at March 31, 2025		1,159,211	$	1.47		8.80	$	16,643
Vested and exercisable March 31, 2025		349,753	$	1.52		7.29	$	12,643

For the three months ended March 31, 2024, stock option activity for time-based options of the Company is as follows:

	Number of Time-Based Share Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value
Outstanding at January 1, 2024		366,615		$	1.82		8.14	$	15,686
Issued		201,000			0.49		9.95		—
Exercised		—			—		—		—
Expired/Forfeited		(879	)		0.28		7.33		—
Outstanding at March 31, 2024		566,736		$	1.35		5.10	$	—
Vested and exercisable March 31, 2024		284,611		$	1.78		7.86	$	—

 

Performance Based Options [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF STOCK OPTION ACTIVITY

For the three months ended March 31, 2025, stock option activity for performance-based options of the Company is as follows:

	Number of Performance- Based Share Options			Weighted Average Exercise Price			Weighted Average Remaining Contractual Life (in years)			Aggregate Intrinsic Value
Outstanding at January 1, 2025		894,500		$	1.41			8.11		$	—
Issued		—			—			—			—
Exercised		—			—			—			—
Expired/Forfeited		(294,500	)		(2.13	)		(6.95	)		—
Outstanding at March 31, 2025		600,000		$	1.06			6.82		$	—
Vested and exercisable March 31, 2025		—			—			—			—

For the three months ended March 31, 2024, stock option activity for performance-based options of the Company are as follows:

	Number of Performance- Based Share Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value
Outstanding at January 1, 2024		894,500	$	1.41		8.11	$	—
Issued		—		—		—		—
Exercised		—		—		—		—
Expired/Forfeited		—		—		—		—
Outstanding at March 31, 2024		894,500	$	1.41		7.86	$	—
Vested and exercisable March 31, 2024		—		—		—		—