v3.25.2
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option and RSU Activity
The following table summarizes stock option and RSU activity, prices, and values for the six months ended June 30, 2025:
Number of
Shares
Available
for
Issuance
Under the
Plan
Stock OptionsRestricted Stock Units
(in thousands except share price and fair value amounts)
Number of
Shares
Weighted-
Average
Exercise
Price
Number of
Shares
Weighted-
Average
Grant
Date
Fair Value
Balance at December 31, 202497427$5.00 2,061$1.67 
Granted(265)— — 2652.71 
RSUs vested222— — (1,072)1.11 
Forfeited or expired— — — — — 
Balance at June 30, 202593127$5.00 1,254$2.63 
Schedule of Stock-Based Compensation Expense
For the three and six months ended June 30, 2025, and 2024, stock-based compensation expense was as follows:
(in thousands)
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Stock-based compensation — Options$— $$— $
Stock-based compensation — RSUs2,213 1,324 3,077 2,008 
Total stock-based compensation
$2,213 $1,325 $3,077 $2,014