v3.25.4
NOTE 12 - SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Share-Based Payment Arrangement, Option, Activity [Table Text Block]

 

 

Number of Options

 

Weighted-Average Exercise Price

 

Weighted-Average Remaining Contractual Term (In Years)

 

Outstanding - January 1, 2024

 

88,453

 

$

2.29

 

3.67

 

Granted

 

940,000

 

$

5.42

 

9.80

 

Exercised

 

—

 

$

—

 

—

 

Modified/Cancelled

 

—

 

$

—

 

—

 

Expired/Forfeited

 

(90,000)

 

$

6.33

 

—

 

Outstanding - December 31, 2024

 

938,453

 

$

5.08

 

9.20

 

Granted

 

727,901

 

$

1.21

 

9.41

 

Exercised

 

—

 

$

—

 

—

 

Modified/Cancelled

 

—

 

$

—

 

—

 

Expired/Forfeited

 

(698,754)

 

$

4.88

 

—

 

Outstanding - December 31, 2025

 

967,600

 

$

3.14

 

8.58

 

Exercisable - December 31, 2025

 

402,254

 

$

3.94

 

7.39

 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

 

For the Year Ended

 

 

 

December 31, 2025

 

Weighted average grant date fair value

 

$

3.31

 

Expected term (years)

 

 

5.14-5.52

 

Risk-free interest rate

 

 

3.50-4.23

%

Expected volatility

 

 

48.20

%

Exercise price

 

$

1.56-2.96

 

 

 

 

For the Year Ended

 

 

 

December 31, 2024

 

Weighted average grant date fair value

 

$

3.37

 

Expected term (years)

 

 

5.14 - 5.52

 

Risk-free interest rate

 

 

4.0 - 4.1

%

Expected volatility

 

 

68.0

%

Expected dividends yield

 

 

0

%

Exercise price

 

$

5.20 - 6.33

 
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

 

 

Year Ended December 31,

 

(in thousands)

 

2025

 

2024

 

General and administrative

 

$

887

 

$

425

 

Advertising and promotions

 

 

—

 

 

79

 

Product software and development

 

 

—

 

 

65

 

Total

 

$

887

 

$

569

 
Restricted Stock Units (RSUs) [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]

 

 

Year Ended December 31,

 

(in thousands)

 

2025

 

2024

 

General and administrative

 

$

487

 

$

449

 

Advertising and promotions

 

 

—

 

 

19

 

Product software and development

 

 

—

 

 

16

 

Total

 

$

487

 

$

484

 
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

 

 

Number of Units

 

Weighted Average Grant Date FV

 

RSUs outstanding at January 1, 2024

 

93,823

 

$

8.07

 

Granted

 

306,623

 

$

5.64

 

Vested

 

(48,989)

 

$

7.18

 

Forfeited

 

(95,741)

 

$

7.60

 

RSUs outstanding at December 31, 2024

 

255,716

 

$

4.13

 

Granted

 

247,091

 

$

2.60

 

Vested

 

(134,522)

 

$

3.61

 

Forfeited

 

(217,138)

 

$

5.51

 

RSUs outstanding at December 31, 2025

 

151,147

 

$

2.66

 
Warrant [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

 

 

 Number of Shares

 

 Weighted-Average Exercise Price

 

 Weighted-Average Remaining Contractual Term (In Years)

 

Warrants outstanding - January 1, 2024

 

39,172

 

$

2.37

 

3.50

 

Issued

 

62,500

 

$

10

 

4.81

 

Exercised

 

—

 

$

—

 

—

 

Expired

 

—

 

$

—

 

—

 

Warrants outstanding - December 31, 2024

 

101,672

 

$

7.06

 

4.40

 

Issued

 

—

 

$

—

 

—

 

Exercised

 

—

 

$

—

 

—

 

Expired

 

—

 

$

—

 

—

 

Warrants outstanding - December 31, 2025

 

101,672

 

$

7.06

 

2.92

 

Warrants exercisable - December 31, 2025

 

101,672

 

$

7.06

 

2.92