v3.26.1
Common Stock (Tables)
12 Months Ended
Dec. 31, 2025
Warrants and Rights Note Disclosure [Abstract]  
Summary of Company's Warrants

The following table summarizes the Company's activities of outstanding warrants for the year ended December 31, 2024 and 2025:

 

 

 

Pre-funded Warrants

 

 

Tranche 1 Warrants

 

 

Tranche 2 Warrants

 

 

 

Number of
warrants

 

 

Weighted-
Average
Exercise Price
Per Share

 

 

Number of
warrants

 

 

Weighted-
Average
Exercise Price
Per Share

 

 

Number of
warrants

 

 

Weighted-
Average
Exercise Price
Per Share

 

Balance at December 31, 2023

 

 

14,423,077

 

 

$

0.00001

 

 

 

5,769,231

 

 

$

4.16

 

 

 

5,769,231

 

 

$

6.24

 

Exercises

 

 

(7,500,000

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2024

 

 

6,923,077

 

 

$

0.00001

 

 

 

5,769,231

 

 

$

4.16

 

 

 

5,769,231

 

 

$

6.24

 

Exercised

 

 

(6,923,077

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

(5,769,231

)

 

 

 

 

 

 

 

 

 

Balance at December 31, 2025

 

 

 

 

$

0.00001

 

 

 

 

 

$

2.73

 

 

 

5,769,231

 

 

$

3.77