v3.25.2
EQUITY-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Fair Value Assumptions The fair value of the option grants of $0.1 million has been estimated with the following assumptions for the year ended December 31, 2024:
2024
Risk-free interest rate
4.25%-4.61%
Volatility
106.07% - 123.31%
Expected life (years)
5 -6 years
Expected dividend yield0.00 %
Summary of Stock Option Activity
The following table summarizes stock option activity for employees and non-employees for the twelve months ended December 31, 2024 and 2023:
 Shares
Weighted-Average Exercise Price
Weighted-Average Remaining Contractual Term (in years)
Outstanding at December 31, 202213,391 $189.00 8.29
Granted— — 
Exercised— — 
Forfeited(2,227)— 
Expired— — 
Outstanding at December 31, 202311,164 $190.00 7.26
Exercisable at December 31, 20238,448 $212.00 7.13
Granted21,125 $3.02 
Exercised— 
Forfeited(735)
Expired— 
Outstanding at December 31, 202431,554 $66.75 8.20
Exercisable at December 31, 20249,435 $203.06 6.17