Quarterly report [Sections 13 or 15(d)]

Stock-based Compensation (Tables)

v3.26.1
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2026 and 2025 as follows:

 

    2026     2025     2026     2025  
    Three Months Ended June 30,     Six Months Ended June 30,  
    2026     2025     2026     2025  
Research and development   $ 17,145     $ 8,613     $ 34,289     $ 55,333  
General and administrative     74,960       194,638       153,779       375,629  
Total   $ 92,105     $ 203,251     $ 188,068     $ 430,962  
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 six months ended June 30, 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 June 30, 2026     136,372       13.43       9.2  
Exercisable as of June 30, 2026     712     $ 1,615.67       1.0  
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 six months ended June 30, 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     (1,981 )     429.70  
Outstanding at June 30, 2026     54,348       15.52  
Vested and unissued     (8,738 )     67.73  
                 
Unvested at June 30, 2026     45,610     $ 5.51