v3.26.1
Warrants (Tables)
12 Months Ended
Dec. 31, 2025
Warrants  
Summary of Warrant Activity

A summary of warrant activity for the year ended December 31, 2025 and 2024 is presented below (in thousands, except per share and contractual life data).

 

          Weighted     Weighted  
          Average     Average  
          Exercise     Remaining  
    Number of     Price     Contractual  
    Shares     Per Share     Life (in Years)  
Warrants outstanding as of December 31, 2023     9,733     $ 11.60       1.4   
Issued     3,947     $ 3.80          
Exercised       $          
Forfeited or expired     (4,340 )   $ 22.10          
Warrants outstanding as of December 31, 2024     9,340     $ 3.42       1.6  
    Issued         $      
 
    Exercised                  
    Forfeited or expired     (1,721 )   $ 3.15          
Warrants outstanding as of December 31, 2025     7,619     $ 3.49       0.9  
Warrants exercisable as of December 31, 2025     7,619     $ 3.49       0.9