v3.25.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
A summary of the stock option activity and related information for the Plans for the six months ended June 30, 2025, is as follows:

A summary of the stock option activity and related information for the Plans for the six months ended June 30, 2025, is as follows:

 

    Shares     Weighted- Average
 Exercise Price		     Weighted-Average
Remaining
 Contractual Term		     Aggregate
 Intrinsic Value		  
Outstanding at December 31, 2024     3,865     $ 27,540,609       8.74     $ —  
Grants     1,150,041       13.76               25,602,203   
Exercised     —       —                  
Forfeitures or expirations     (35 )     1,102,887,011                  
                                 
Outstanding at June 30, 2025     1,153,871     $ 57,751       9.74     $ 25,611,938  
Exercisable at June 30, 2025     2,294     $ 24,152,300       8.11     $    
The assumptions used in the valuation of stock options granted during the six months ended June 30, 2025, and 2024 were as follows:

The assumptions used in the valuation of stock options granted during the six months ended June 30, 2025, and 2024 were as follows:

    Six Months Ended
June 30, 2025		     Six Months Ended
June 30, 2024		  
Risk-free interest rate     3.81% to 4.30 %     4.23% to 5.33 %
Expected term of option     5.50 to 6.08 years       5.25 to 10.00 years  
Expected stock price volatility     149.34% to 153.44 %     111.89% - 137.79 %
Expected dividend yield     0.0       0.0