v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Schedule of Stock Based Compensation Expense

Stock-based compensation expense is as follows (in thousands of dollars):

 

         
   For the Three Months Ended 
   March 31, 
   2026   2025 
Cost of revenues  $13   $2 
Research and development   20    

2

 
Sales and marketing   60    65 
General and administrative   211    

221

 
Stock-based compensation expenses  $304   $290 
Schedule of Stock Option Activity

Stock option activity, as adjusted for the Reverse Stock Split, for the three months ended March 31, 2026, is in the table below (price per share is in dollars):

   Options   Weighted
average
exercise
price per
share
   Weighted
average
remaining
contractual
life (in
years)
   Aggregate
Intrinsic
Value*
 
Outstanding at January 1, 2026   34,883   $110.67           
Granted                  
Forfeited   (7,361)   99.84           
Expired   (749)   225.30           
Outstanding at March 31, 2026   26,773   $110.44    6.94   $ 
Vested and Expected to Vest at March 31, 2026   26,773   $110.44    6.94   $ 
Exercisable at March 31, 2026   26,077   $110.44    6.91   $ 

 

* The intrinsic value is calculated as the difference between the exercise price and the fair value of the common stock on the balance sheet date.
Schedule of Outstanding Restricted Stock Units

Restricted Stock Unit (“RSU”) activity, as adjusted for the Reverse Stock Splits, for the three months ended March 31, 2026, is as follows:

 

   RSUs 
Outstanding at January 1, 2026    
Granted   85,000 
Released    
Forfeited    
Outstanding at March 31, 2026   85,000 
Warrant [Member]  
Schedule of Warrant Activity

Warrants activity, as adjusted for the Reverse Stock Split, for the three months ended March 31, 2026, is as follows:

 

   Number of warrants   Weighted
average
exercise
price per
share
 
Outstanding at January 1, 2026   62,979   $13.75 
Granted        
Forfeited        
Expired        
Outstanding at March 31, 2026   62,979   $13.75 
Exercisable at March 31, 2026   62,979   $13.75