v3.25.4
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Employee Stock Option  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following table summarizes options outstanding, as well as activity for the year ended December 31, 2025 and December 31, 2024:

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Life (in Years)

 

 

Aggregate Intrinsic Value

 

OUTSTANDING, December 31, 2023

 

 

2,361,722

 

 

 

4.02

 

 

 

3.37

 

 

 

 

Granted

 

 

2,670,374

 

 

 

3.04

 

 

 

 

 

 

 

Exercised

 

 

(68,470

)

 

 

3.72

 

 

 

 

 

 

 

OUTSTANDING, December 31, 2024

 

 

4,963,626

 

 

 

3.50

 

 

 

3.12

 

 

 

 

Forfeited

 

 

(30,000

)

 

 

3.02

 

 

 

 

 

 

 

OUTSTANDING, December 31, 2025

 

 

4,933,626

 

 

 

3.50

 

 

 

4.97

 

 

 

 

UNVESTED, December 31, 2025

 

 

1,656,666

 

 

 

3.02

 

 

 

8.13

 

 

 

 

EXERCISABLE, December 31, 2025

 

 

3,276,960

 

 

 

3.75

 

 

 

3.37

 

 

 

 

Restricted Stock Units  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following table summarizes RSUs outstanding, as well as activity for the year ended December 31, 2025:

 

 

Shares

 

 

Weighted Average Exercise Price

 

UNVESTED, December 31, 2024

 

 

68,560

 

 

 

3.23

 

Granted

 

 

1,052,451

 

 

 

3.16

 

Vested

 

 

(68,560

)

 

 

5.32

 

Forfeited

 

 

(30,000

)

 

 

3.23

 

UNVESTED, December 31, 2025

 

 

1,022,451

 

 

 

3.16