v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Class A Common
Common Stock
Class A Common
Common Stock
Class C Common
Additional Paid In Capital
Additional Paid In Capital
Class A Common
Accumulated Deficit
Non controlling Interest
Beginning balance (in shares) at Dec. 31, 2023     9,387,836 22,500,000        
Beginning balance at Dec. 31, 2023 $ 28,824   $ 1 $ 2 $ 35,014   $ (23,923) $ 17,730
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Related party promissory note settlement (in shares)     40,961          
Related party promissory note settlement 410       410      
Conversion of restricted stock units (in shares)     120,824          
Share-based compensation 1,354       1,354      
Rebalancing of ownership percentage for issuance of Class A shares 0       115     (115)
Adjustment of excise tax accrual 610       610      
Net loss (10,515)           (3,334) (7,181)
Ending balance (in shares) at Dec. 31, 2024     9,549,621 22,500,000        
Ending balance at Dec. 31, 2024 20,683   $ 1 $ 2 37,503   (27,257) 10,434
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Shares issued (in shares)     12,500,000          
Issuance of equity stock and adjustment 56 $ 49,346 $ 1   56 $ 49,345    
Share-based compensation 2,185       2,185      
Rebalancing of ownership percentage for issuance of Class A shares 0       (25,019)     25,019
Net loss (14,135)           (6,958) (7,177)
Ending balance (in shares) at Dec. 31, 2025     22,049,621 22,500,000        
Ending balance at Dec. 31, 2025 $ 58,135   $ 2 $ 2 $ 64,070   $ (34,215) $ 28,276