v3.26.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Stockholders Equity Warrants

As of March 31, 2026 approximately 932,991 warrants remained outstanding

 

 

 

Warrants

 

Weighted
Average
Exercise Price

 

Outstanding at December 31, 2024

 

 

3,116

 

$

6,162

 

Expired

 

 

(109)

 

 

 

 

Canceled

 

 

(2,526)

 

 

 

 

Outstanding at March 31, 2025

 

 

481

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2025

 

 

932,991

 

$

26.06

 

Granted

 

 

 

 

 

 

Canceled

 

 

 

 

 

 

Expired

 

 

 

 

 

 

Outstanding at March 31, 2026

 

 

932,991

 

$

26.06

 

 

The terms of the outstanding warrants require the Company, upon the consummation of any fundamental transaction to, among other obligations, cause any successor entity resulting from the fundamental transaction to assume the Company's obligations under the warrants and the associated transaction documents. In addition, holders of warrants are entitled to participate in any fundamental transaction on an as-converted or as-exercised basis, which could result in the holders of the Company's common stock receiving a lesser portion of the consideration from a fundamental transaction. The terms of the warrants could also impede the Company's ability to enter into certain transactions or obtain additional financing in the future.