v3.26.1
Equity Incentive Plan (Tables)
3 Months Ended
Mar. 31, 2026
Equity Securities, Restricted [Abstract]  
Schedule of RSU Activity

RSU activity for the three months ended March 31, 2026 was as follows:

 

 

Number of
RSUs

 

Outstanding (unvested) at December 31, 2025

 

 

1,209,738

 

RSU granted

 

 

400,000

 

RSUs vested

 

 

(332,514

)

RSU expired/forfeited

 

 

(142,190

)

Outstanding (unvested) at March 31, 2026

 

 

1,135,034

 

Schedule of Issued and Outstanding Options

For the three months ended March 31, 2026:

 

 

Number of
Stock Options

 

Stock options vested (based on ratable vesting)

 

 

396,194

 

Stock options unvested

 

 

441,693

 

Total stock options outstanding at March 31, 2026

 

 

837,887

 

 

For the year ended December 31, 2025:

 

 

Number of
Stock Options

 

Stock options vested (based on ratable vesting)

 

 

370,394

 

Stock options unvested

 

 

287,793

 

Total stock options outstanding at December 31, 2025

 

 

658,187

 

Schedule of Stock Option Activity

Stock option activity for the three months ended March 31, 2026, was as follows:

 

 

Number of
Stock Options

 

 

Weighted
Average
Exercise Price

 

Outstanding at December 31, 2025

 

 

658,187

 

 

$

3.18

 

Options granted

 

 

200,000

 

 

 

0.55

 

Options exercised

 

 

 

 

 

 

Options expired/forfeited

 

 

(20,300

)

 

 

0.92

 

Outstanding at March 31, 2026

 

 

837,887

 

 

$

2.61