v3.26.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Accounting Policies [Abstract]    
Summary of Changes in Allowance for Credit Losses

The following table presents changes in the allowance for credit losses for the year ended December 31, 2025:

 

      
Balance at December 31, 2025  $41 
Change in provision for credit losses   (15)
Balance at March 31, 2026  $26 

The following table presents changes in the allowance for credit losses for the year ended December 31, 2025:

 

       
Balance - December 31, 2024   $24,210 
Change in provision for credit losses    17,131 
Balance - December 31, 2025   $41,341 
Schedule of Basic and Diluted Net Loss Per Share

The calculation of basic and diluted net loss per share attributable to common stock was as follows:

 

   For the Three Months Ended March 31, 
   2026   2025 
Numerator:        
Net loss attributable to common shareholders—basic and diluted  $(8,417)  $(3,644)
           
Denominator:          
Weighted average shares—basic and diluted (in thousands)   720    120 
Net loss per share attributable to common shareholders—basic and diluted  $(11.69)  $(30.37)

The calculation of basic and diluted net loss per share attributable to common stock was as follows:

 

   For the Year Ended December 31, 
   2025   2024 
Numerator:          
Net loss attributable to common shareholders—basic and diluted  $(22,492,075)  $(31,095,029)
           
Denominator:          
Weighted average shares—basic and diluted   189,150    22,291 
Net loss per share attributable to common shareholders—basic and diluted  $(118.91)  $(1,394.94)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Securities that were excluded from loss per share as their effect would be anti-dilutive due to the net loss that could potentially be dilutive in future periods are as follows:

 

  As of March 31, 
   2026   2025 
Options   628    128 
RSUs   26,708    13,039 
Public warrant shares   1,150    1,150 
GEM warrant shares   83    83 
Common warrant shares   100,716    22,638 
Placement agent warrant shares   14,912    525 
Pre-funded warrants        
Total   144,197    37,563 

Securities that were excluded from loss per share as their effect would be anti-dilutive due to the net loss that could potentially be dilutive in future periods are as follows:

 

         
  As of December 31, 
   2025   2024 
Options   627    129 
RSUs   20,695    1,704 
Public warrant shares   1,150    1,150 
GEM warrant shares   83    83 
Common warrant shares   36,800    22,639 
Placement agent warrant shares   3,591    525 
Pre-funded warrants        
Total   62,952    26,230