v3.25.4
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option and RSU Activity
The following table summarizes stock option and RSU activity, prices, and values from December 31, 2024, to December 31, 2025:
Stock OptionsRestricted Stock Units

Number of
Shares
Available
for
Issuance
Under the
Plan
Number of
Shares
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term (in
 Years)
Number
of Shares
Weighted-
Average
Grant
Date Fair
Value
Balance as of December 31, 2024974,47326,986$5.00 4.672,060,920$1.67 
Additional shares approved for issuance3,000,000—————
Granted(4,052,500)— — —4,052,500$4.04 
Options exercised and RSUs vested789,508—— —(2,662,232)$2.46 
Forfeited or expired23,333—$— —(23,333)$1.87 
Balance as of December 31, 2025734,81426,986$5.00 3.673,427,855$3.99 
Share-Based Payment Arrangement, Expensed and Capitalized, Amount
For the years ended December 31, 2025, and 2024, the stock-based compensation expense were as follows:
Year Ended December 31,
(in thousands)
20252024
Stock-based compensation—Options$— $6 
Stock-based compensation—RSUs14,366 6,562 
Total stock-based compensation
$14,366 $6,568 
Schedule of Remaining Unrecognized Compensation Cost
The following table summarizes the total remaining unrecognized compensation cost as of December 31, 2025, related to unvested RSUs, and the weighted average remaining years over which the cost will be recognized:
(in thousands)
Total Unrecognized
Compensation
Cost
Weighted Average
Remaining Years
Restricted Stock Units$4,329 0.42