v3.26.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Stock-Based Compensation [Abstract]  
Schedule of Black-Scholes Option Model to Estimate the Fair Value of Stock Options

The Company uses the Black-Scholes option model to estimate the fair value of stock options. In applying the Black-Scholes option model, the Company used the following assumptions in the valuation of options granted in 2025 and 2024:

 

   2025   2024 
Expected volatility   76.0% - 86.3%   66.0% - 75.3%
Expected dividend yield   
-
    
-
 
Expected life (years)   5.2 - 6.1    6.1-6.3  
Risk-free rate   3.7% - 4.4%   3.9% - 4.4 %
Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity for the year ended December 31, 2025:

 

   Options   Weighted-
average
Exercise
Price per
Option
   Weighted-
average
Remaining
Contractual
Term
(Years)
   Aggregate
Intrinsic
Value
 
Outstanding at December 31, 2024   2,214,769   $2.38         
 
 
Granted   348,280   $1.11           
Forfeited   (302,115)  $2.41           
Outstanding at December 31, 2025   2,260,934   $2.18         8.2   $
        -
 
Exercisable and vested at December 31, 2025   1,447,542   $2.38    7.9   $
-
 
Schedule of Stock-Based Compensation Expense

Total stock-based compensation expense associated with stock options and the employee stock purchase plan was classified as follows on the consolidated statements of operations and comprehensive loss for the years ended December 31, 2025 and 2024:

 

   2025   2024 
Research and development expense  $303   $165 
Sales and marketing expense   19    11 
General and administrative expense   335    386 
Total stock-based compensation expenses  $657   $562