v3.26.1
Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Stock Options Activity
The following table summarizes stock options activity during Fiscal 2025 and 2024 (in thousands, except per share data).
Number of Shares Weighted Average Exercise PriceWeighted Average Remaining Contractual Life (in years)Total Intrinsic Value
Outstanding as of January 1, 2024295$72.95 4.8$693 
Granted18460.05 7.0— 
Forfeited(91)74.81 — — 
Outstanding as of December 31, 202438866.40 4.8693 
Granted1856.00 7.0— 
Forfeited(93)38.52 — — 
Expired(2)31.80 — — 
Outstanding as of December 31, 2025478$48.60 4.6$— 
Options vested and exercisable296$55.54 3.9$— 
Schedule of Weighted Average Assumptions Used in Determining Fair Value of Options
The following table summarizes weighted average assumptions used in determining the fair value of the stock options at the date of grant during Fiscal 2025 and 2024:
For the years ended
December 31,
20252024
Exercise price$6.00 $6.01 
Expected term (years)4.54.5
Expected stock price volatility93 %80 %
Risk-free rate of interest4.0 %4.2 %
Expected dividend yield (per share)%%
The following table summarizes weighted average assumptions used in determining the fair value of the warrants at the date of grant during the year ended December 31, 2025 and 2024:
For the years ended
December 31,
20252024
Exercise price$3.95 $9.00 
Expected term (years)3.95.0
Expected stock price volatility76.4 %85.6 %
Risk-free rate of interest3.1 %4.3 %
Expected dividend yield (per share)%%
Schedule of Warrant Activity
The following table summarizes warrant activities during Fiscal 2025 and 2024 (in thousands, except per share data):
Number of Shares Weighted Average
Exercise
Price
Weighted Average
Remaining Contractual
Life
(in years)
Outstanding as of January 1, 202483$11.16 1.9
Warrants granted249.00 5.0
Warrants forfeited(45)128.30 
Outstanding as of December 31, 20246259.27 3.8
Warrants granted695 5.17 3.0
Outstanding as of December 31, 2025757$9.58 4.4
Warrants vested and exercisable757$9.58 4.4