v3.25.2
Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2025
Stockholders’ Equity [Abstract]  
Schedule of Warrants Outstanding

The Company issued warrants in connection with various financing transactions and agreements. The Company had the following warrants outstanding at June 30, 2025, and December 31, 2024 (in thousands):

 

   June 30,   December 31, 
   2025   2024 
2024 Warrants   20,000    20,000 
2025 Warrants   6,230    
 
2025 Additional Warrants   6,557    
 
SGI Warrants   8,000    
 
Total Warrants   40,787    20,000 
Schedule of Exercise Price

The following table provides the exercise price and expiration date for each warrant tranche as of June 30, 2025:

 

   Warrant Share Equivalents (000’s)   Exercise
Price (a)
   Expiration Date
2024 Warrants   20,000   $1.50   January 23, 2034
2025 Warrants   6,230   $1.50   March 12, 2035
2025 Additional Warrants   6,557   $1.50   March 12, 2035
SGI Warrants   8,000   $1.50   March 12, 2035

 

(a) Subject to adjustment.