v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Stock-Based Compensation [Abstract]    
Schedule of RSU Activity

The following table summarizes RSU activity for the three months ended March 31, 2026:

 

Number of
Shares

 

Weighted
Average
Grant-Date
Fair Value

Outstanding at January 1, 2026

 

25,333

 

 

$

13.88

Granted

 

 

 

 

Vested

 

(12,666

)

 

 

13.88

Cancelled

 

(6,667

)

 

 

8.17

Outstanding at March 31, 2026

 

6,000

 

 

$

13.88

The following table summarizes RSU activity for the year ended December 31, 2025:

 

Number of
Shares

 

Weighted
Average
Grant-Date
Fair Value

Outstanding at January 1, 2025

 

 

 

Granted

 

278,000

 

$

6.55

Vested

 

252,667

 

 

6.78

Cancelled

 

 

 

Outstanding at December 31, 2025

 

530,667

 

$

6.66

Schedule of Awards with Market-Based Conditions

The following table summarizes our awards with market-based conditions:

 

Number of
Shares

 

Weighted
Average
Grant-Date
Fair Value

Beginning of period

 

 

 

Granted

 

120,000

 

$

40.00

Vested

 

 

 

Cancelled

 

 

 

End of period

 

120,000

 

$

40.00

The following table summarizes our awards with market-based conditions:

 

Number of
Shares

 

Weighted
Average
Grant-Date
Fair Value

Beginning of period

 

 

 

Granted

 

120,000

 

$

40.00

Vested

 

 

 

Cancelled

 

 

 

End of period

 

120,000

 

$

40.00