Annual report [Section 13 and 15(d), not S-K Item 405]

Stockholders??? Equity (Tables)

v3.25.1
Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2024
Defined Benefit Plan Disclosure [Line Items]  
Schedule of restricted stock options
                                 
    Restricted Stock Units Outstanding        
    Number of   Weighted Average Grant – Date   Weighted Average Remaining life   Aggregate Intrinsic
    Units   Fair Value Price   (years)   Value
                 
Outstanding, December 31, 2022           $           $  
Granted       91,875       2.25       3.00       71,955  
Exercised                            
Forfeited/canceled       (24,625 )     (2.25 )             (34,968 )
Outstanding, December 31, 2023       67,250     $ 2.25       2.07     $ 36,987  
                                   
Granted       87,300       0.84       2.56       48,015  
Exercised                            
Forfeited/canceled       (70,010 )     (1.32 )             (38,505 )
Outstanding, December 31, 2024       84,540     $ 1.56       1.57     $ 46,497  
Twin Vee [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of assumptions
               
    Year Ended December 31   Year Ended December 31,
    2024   2023
Expected term     1.42-6.5 years        5 years  
Expected average volatility     39.149.6%       35.9 - 51%  
Expected dividend yield            
Risk-free interest rate     3.77 –4.55%       0.721.5-4.72%  
Schedule of options activity
                                 
    Options Outstanding      
    Number of   Weighted Average   Weighted Average Remaining life   Fair value
    Options   Exercise Price   (years)   of options
                 
Outstanding, December 31, 2022       1,283,571     $ 4.14       8.95     $ 2,324,581  
Granted       75,000       1.35       10.00       39,960  
Exercised                                  
Forfeited/canceled       (87,555 )     (3.65 )             (151,394 )
Outstanding, December 31, 2023       1,271,016     $ 3.99       8.04     $ 2,213,147  
Granted       1,352,458       2.19       5.16       266,500  
Exercised                                  
Forfeited/canceled       (484,303 )     (3.63 )             (770,996 )
Outstanding, December 31, 2024       2.139,171     $ 2.93       5.04     $ 1,708,651  
                                   
Exercisable options, December 31, 2024       1,177,766     $ 4.32       7.31        
Forza [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of assumptions
         
    Year Ended December 31  
    2023  
Expected term     5 years    
Expected average volatility     108 - 113 %  
Expected dividend yield        
Risk-free interest rate     2.98 –4.72 %  

Schedule of options activity
                                 
    Options Outstanding   Weighted Average    
    Number of   Weighted Average   Remaining life    
    Options   Exercise Price   (years)   Fair value of option
                 
 Outstanding, December 31, 2022       1,441,500     $ 3.41       0.05     $ 4,009,913  
 Granted       518,000       0.70       9.76       287,835  
 Exercised                              
 Forfeited/canceled       (69,583 )     1.24       9.62       (40,248 )
Outstanding, December 31, 2023       1,889,917     $ 2.75       9.36     $ 4,257,500  
                                   
Exercisable options, December 31, 2023       611,250     $ 2.79       2.79