v3.25.2
Equity Based Compensation - Fair Value of Stock Options Granted Estimated on the Date of Grant Using the Black-Scholes Option (Details)
 6 Months Ended
Jun. 30, 2025
$ / shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Stock price $ 1.36
Exercise Price $ 1.36
Expected term (years) 6 years 3 months [1]
Expected volatility 80.30% [2]
Risk-Free interest rate 4.10% [3]
Dividend yield 0.00% [4]
[1] Expected term represents the estimated period of time until an award is exercised and was determined using the simplified method.
[2] Expected volatility is based on historical volatility of the Company’s stock.
[3] The risk-free interest rate is an interpolation of yields on U.S. Treasury securities with maturities equivalent to the expected term.
[4] We have assumed a dividend yield of zero as the Company has no plans to declare dividends in the foreseeable future.