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

The following is a summary of the common stock warrant activity during the year ended December 31, 2025.

 

 

Shares
Issuable
Upon Exercise
of
Outstanding
Warrants

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Life

 

 

Aggregate
Intrinsic
Value
(In thousands)

 

Outstanding as of December 31, 2024

 

 

25,558,845

 

 

$

2.32

 

 

 

3.42

 

 

$

59,298

 

Issued in February 2025 to:

 

 

 

 

 

 

 

 

 

 

 

 

Underwriter

 

 

576,191

 

 

$

1.21

 

 

 

4.12

 

 

$

697

 

Exercised

 

 

(976,752

)

 

$

0.03

 

 

 

-

 

 

$

(25

)

Expired

 

 

(166,500

)

 

$

1.01

 

 

 

-

 

 

$

(168

)

Outstanding as of December 31, 2025

 

 

24,991,784

 

 

$

2.39

 

 

 

2.47

 

 

$

59,802