Time-based RSAs

PSAs

Shares

Weighted Average Fair Value

Shares

Weighted Average Fair Value

Shares unvested and outstanding, December 31, 2023

292,018

$

10.31

152,880

$

11.64

Granted

569,330

2.61

—

—

Vested (1)

(171,982

)

10.53

—

—

Forfeited

(103,666

)

5.31

(36,050

)

12.31

Shares unvested and outstanding, December 31, 2024

585,700

$

3.63

116,830

$

11.43

Granted

145,643

3.74

3,400,000

3.54

Vested (1)

(209,922

)

3.92

—

—

Forfeited

(51,501

)

4.52

(63,571

)

13.59

Shares unvested and outstanding, December 31, 2025

469,920

$

3.44

3,453,259

$

3.63

(1) Shares totaling 32,324 and 13,384 were withheld as payment of taxes for the years ended December 31, 2025 and 2024, respectively.