v3.25.4
Stock Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options Activity
The following tables summarize the Company’s outstanding stock options:
OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 20231,205,113$2.10 8.03
Granted210,585$2.11 — 
Exercised(26,528)2.48 — 
Forfeited(54,367)0.76 — 
Options Outstanding December 31, 20241,334,803$2.29 7.47
Granted466,986$2.86 — 
Exercised(329,670)2.11 — 
Forfeited(12,362)2.49 — 
Options Outstanding December 31, 20251,459,757$2.45 7.49
Options Exercisable, December 31, 2025684,423$2.17 6.10
Schedule of Stock Option Valuation Assumptions
The fair value of the stock options granted were estimated as of the grant date using an option pricing model with the following weighted average assumptions:
20252024
Weighted average volatility101.50%101.50%
Weighted average risk-free rate4.10%3.90%
Expected dividend yield0.000.00
Expected term (in years)6.06.0