v3.25.2
Stock-Based Compensation and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2024
Stock-Based Compensation and Employee Benefit Plans [Abstract]  
Schedule of Option Activity Under the Company’s Stock Option Plans

The following table presents option activity under the Company’s stock option plans for the years ended December 31, 2024 and 2023:

 

 

(In thousands, except share and per share data)

  Number of
Options
   Weighted-
Average
Exercise
Price
   Aggregate
Intrinsic
Value
 
Options outstanding at January 1, 2023   896   $22,770.75   $
           —
 
Forfeited   (14)   114.14      
Expired   (194)   792.69      
Options outstanding at December 31, 2023   688   $23,938.80   $
 
Granted   
    
 
      
Forfeited   (449)   26,095.64      
Expired   (23)   10,710.00      
Options outstanding at December 31, 2024   216   $18,610.56   $
 
Options vested and exercisable as of December 31, 2024   210   $18,725.71      
Options vested and expected to vest as of December 31, 2024   216   $18,610.56      
Schedule of Options Vested and Exercisable

The following table summarizes information about options vested and exercisable at December 31, 2024:

 

    Options Vested and Exercisable 
Price ($)   Number of Options   Weighted-Average
Remaining Contractual
Life (Years)
  

Weighted-Average
Exercise Price

 
$14,580.00    84    3.08   $14,580.00 
$6,840.00    73    0.97   $6,840.00 
$41,520.00    49    4.39   $41,520.00 
$43,470.00    4    6.22   $43,470.00 

 

The following table summarizes information about options expected to vest after December 31, 2024:

 

    Options Vested and Expected to Vest 
Price ($)   Number of Options   Weighted-Average
Remaining Contractual
Life (Years)
  

Weighted-Average
Exercise Price

 
$14,580.00    90    2.61   $14,580.00 
$6,840.00    73    0.97   $6,840.00 
$41,520.00    49    4.39   $41,520.00 
$43,470.00    4    6.22   $43,470.00 
Schedule of Restricted Stock Unit Activity

The following table presents restricted stock unit activity under the 2022 Plan for the year ended December 31, 2024:

 

   Number of
Shares
   Weighted-
Average
Grant Date
Fair Value
 
Unvested at January 1, 2023   513   $3,461.25 
Granted   
    
 
Vested   (161)   3,462.00 
Forfeited   (209)   3,462.00 
Unvested at December 31, 2023   143   $3,462.00 
Granted   238,874    9.60 
Vested   (85,921)   9.15 
Forfeited   (50,229)   7.05 
Unvested at December 31, 2024   102,867   $17.42