v3.26.1
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation
The table below shows the total pre-tax share-based compensation expenses recorded for the periods presented:
Three Months Ended
March 31,
(in thousands)20262025
General and administrative$720 $39 
Sales and marketing 10 
Research and development 
Total$720 $54 
Schedule of Information Related to Stock Options
The table below shows activity related to stock options:
OptionsWeighted Average Exercise Price
Outstanding as of December 31, 20252,397,872$4.61 
Granted2,054,1814.92 
Exercised(39,650)0.76 
Forfeited(54,834)4.43 
Outstanding as of March 31, 20264,357,569$4.80 
Exercisable March 31, 2026516,321$8.07 
Schedule of Information Related to Restricted Stock Units
The table below shows the activity for our restricted stock:
UnitsWeighted Average Fair Value
Nonvested as of December 31, 2025276,875$10.16 
Granted417,8753.89 
Vested(10,984)5.50 
Forfeited 
Nonvested as of March 31, 2026683,766$6.40