v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On April 10, 2026, the Company filed a preliminary proxy statement on Schedule 14A with the Securities and Exchange Commission in connection with its 2026 Annual Meeting of Stockholders scheduled for June 10, 2026. Among the proposals to be considered by stockholders is a proposal to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to (i) effect a 1-for-4 reverse stock split of the Company’s Class A common stock, Class B common stock, and preferred stock and (ii) make a proportional reduction in the number of authorized shares of each class. If approved by stockholders, the Company’s Chief Executive Officer and Chief Financial Officer, in consultation with the Board of Directors, will have sole discretion to determine whether and when to implement the reverse stock split and authorized shares reduction, if at all, provided any such action occurs within one year of stockholder approval. The Company can provide no assurance that the reverse stock split will be implemented or that it will achieve any of the intended benefits.