Quarterly report [Sections 13 or 15(d)]

Stock-based Compensation (Tables)

v3.26.1
Stock-based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Stock-Based Compensation Expense

We recorded stock-based compensation expense for the three months ended March 31, 2026 and 2025 as follows:

 

    2026     2025  
Research and development   $ 17,144     $ 46,720  
General and administrative     78,819       180,991  
Total   $ 95,963     $ 227,711  
Share-Based Payment Arrangement, Option [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Stock Option Activity

The following table summarizes our stock option activity during the three months ended March 31, 2026:

 

    Total options
Outstanding		     Weighted
average
exercise price		     Weighted
average
remaining
contractual life
(in years)		  
Outstanding as of January 1, 2026     136,372     $ 13.43          
Options granted     -       -          
Forfeited or expired     -       -          
Outstanding as of March 31, 2026     136,372       13.43       9.5  
Exercisable as of March 31, 2026     712       1,615.67       1.2  
Restricted Stock Units (RSUs) [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Restricted Stock Units (“RSUs”) Activity

Activity with respect to our Restricted Stock Units (“RSUs”) during the three months ended March 31, 2026 was as follows:

 

    Number of
shares		     Weighted-
average
grant-date fair
value per share		  
Outstanding at January 1, 2026     56,641     $ 31.02  
Granted     -       -  
Forfeited     (312 )     201.72  
Distributed     (1,169 )     550.00  
Outstanding at March 31, 2026     55,160       19.06  
Vested and unissued     (9,427 )     83.17  
                 
Unvested at March 31, 2026     45,733     $ 5.85