v3.25.2
Stock Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2025
Stock Based Compensation [Abstract]  
Schedule of Option Activity

Schedule of stock option activity

 

   Options   Shares of Stock 
   No. of
Options		   Weighted
Average
Price		   No. of
Shares		   Weighted
Average
Price		   Total 
Balance available under the plan as at January 1, 2025   2,379    
—
    
—
    
—
    2,379 
Cancelled/expired/exercised   227    100    
—
    
—
    227 
Additions to the plan   12,604                   12,604 
Balance available under the plan as of June 30, 2025   27,822    
—
    
—
    
—
    27,822 

 

A summary of option activity under the employee share option plan as of June 30, 2024, and changes during the year then ended is presented below.

 

   Options   Shares of Stock 
   No. of
Options		   Weighted
Average Price		   No. of
Shares		   Weighted
Average Price		   Total 
Balance available under the plan on January 1, 2024   2,153    
   —
    
—
    
    —
    2,153 
Granted   (80)   445              (80)
Cancelled/expired   68                   68 
Issued   (30)   
—
    
—
    
—
    (30)
Balance available under the plan on June 30, 2024   2,111    
 
    
 
    
 
    2,111 
Schedule of Unvested Options

The following table summarizes the activities for our unvested options for the year ended June 30, 2025

 

   Number of   Weighted
average
Grant Date
Fair Value		 
   Shares   Per Share 
Unvested on January 1, 2025   143   $470 
Vested   (143)   470 
Unvested on June 30, 2025   
-
   $
-
 

 

The following table summarizes the activities for our unvested options for the year ended June 30, 2024

 

   Number of   Weighted
average
Grant Date
Fair Value		 
   Shares   Per Share 
Unvested on January 1, 2024   541   $1,000 
Vested   (87)   895 
Forfeited   (70)   1,055 
Unvested on March 31, 2024   384   $1,000 
Vested   (51)   960 
Unvested on June 30, 2024   332   $1,000 
Schedule of Fair Value Assumptions

Schedule of assumptions

 

Fair value assumptions  2024   2023 
Expected volatility   45%-52 %   45%-52 %
Expected terms (in years)   4    4 
Risk-free interest rate   4.70%-5.70 %   4.60%-5.46 %
Dividend yield   0%   0%