v3.26.1
Stock-Based Compensation
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation

8. Stock-Based Compensation

 

Stock Options

 

The following table summarizes stock option activity during the three months ended March 31, 2026:

 

   Shares  

Weighted-

Average

Exercise Price

  

Weighted-

Average

Remaining

Contractual

Terms

(Years)

  

Aggregate

Intrinsic

Value

 
Outstanding at December 31, 2025   29,028   $137.22    6.08   $- 
Granted   -    -           
Exercised   -    -           
Unvested forfeited   (84)   7.80           
Vested forfeited   (3,753)   346.52           
Outstanding at March 31, 2026   25,191   $106.46    6.68   $- 
Exercisable at March 31, 2026   24,148   $112.51    6.63   $- 

 

During the three months ended March 31, 2026 and 2025, the Company recognized $5 and $47 of compensation expense relating to vested stock options. As of March 31, 2026, the aggregate amount of unvested compensation related to stock options was approximately $5, which will be recognized as an expense as the options vest in future periods through April 30, 2028.

 

As of March 31, 2026, the outstanding and exercisable options have no aggregate intrinsic value. The aggregate intrinsic value was calculated as the difference between the closing market price as of March 31, 2026, which was $3.63, and the exercise price of the outstanding stock options.