v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Stock-Based Compensation  
Summary of stock options outstanding, exercisable and vested or expected to vest

Weighted-

Average

Weighted-

Remaining

Aggregate

Average

Contractual

Intrinsic

  ​ ​ ​

  ​ ​ ​

Exercise

  ​ ​ ​

Term

  ​ ​ ​

Value

Number of Shares

Price

(years)

(in thousands)

Outstanding, December 31, 2025

3,297,941

$

4.75

7.1

 

$

-

Granted

3,039,000

$

0.75

Exercised

(1,875)

$

0.69

Forfeited

(109,897)

$

4.44

Outstanding, March 31, 2026

6,225,169

$

2.81

8.4

$

945

Vested and exercisable, March 31, 2026

2,299,401

$

5.18

6.7

$

37

Summary of weighted-average assumptions were used to determine the fair value of options

Expected term (years)

6.0

Risk-free interest rate

3.8

Volatility factor

105.5

Dividend yield

Schedule of RSU activity

  ​ ​ ​

  ​ ​ ​

Weighted-

Average

Number of Shares

Grant Date

Underlying RSUs

Fair Value

Unvested, December 31, 2025

 

726,805

$

3.38

Granted

 

30,000

$

1.22

Vested

 

(113,426)

$

3.40

Forfeited

 

(749)

$

3.61

Unvested, March 31, 2026

 

642,630

$

3.28

Schedule of stock-based compensation expense recognized

Stock-based compensation expense recognized during the three months ended March 31, 2026 and 2025 was comprised of the following (in thousands):

Three Months Ended

March 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Sales and marketing

  ​ ​ ​

$

43

$

66

General and administrative

 

715

 

859

Research and development

 

173

 

143

Cost of goods sold

-

20

Total stock-based compensation expense

$

931

$

1,088