Stockholders’ Equity |
6 Months Ended |
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Jun. 30, 2026 | |
| Equity [Abstract] | |
| Stockholders’ Equity | Note 8 –Stockholders’ Equity
Omnibus Incentive Plan
Stock Options
Stock-based compensation expense is reflected in selling, general and administrative expenses in the accompanying condensed statements of operations and was $ million and $ million during the three months ended June 30, 2026 and 2025, respectively, and $ million and $ million during the six months ended June 30, 2026 and 2025, respectively. As of June 30, 2026, there was $ million of unrecognized stock-based compensation expense related to outstanding stock options that will be recognized over the weighted average remaining vesting period of years.
There were options granted during the three and six months ended June 30, 2026. There were options granted during the three and six months ended June 30, 2025 in connection with entering into certain employment and consulting agreements.
There were options exercised during the three and six months ended June 30, 2026 and 2025.
There were and option grants forfeited during the three and six months ended June 30, 2026, respectively. There were option grants forfeited during the three and six months ended June 30, 2025.
Warrants
There were warrants issued or exercised during the three and six months ended June 30, 2026. Pre-funded warrants issued in 2023 and 2021 were exercised for 48,890 shares of common stock during the three and six months ended June 30, 2025 at an exercise price of $0.0001 per pre-funded warrant.
There were warrants that expired during the three months ended June 30, 2026. There were warrants exercisable for shares of common stock that expired during the three months ended June 30, 2025. There were warrants exercisable for and shares of common stock that expired during the six months ended June 30, 2026 and 2025, respectively.
Equity Issuances
There were approximately shares of common stock issued during the three and six months ended June 30, 2026 under our at-the-market equity program resulting in proceeds of $0.1 million, net of transaction fees.
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