| Schedule of Stock Option Activity |
Stock option activity during the three months ended March 31, 2026 was as follows: | | | Number of options | | | Weighted average exercise price | | | Weighted average remaining contractual life (years) | | | Aggregate intrinsic value | | | Balance as of December 31, 2025 | | | 14,162,648 | | | $ | 0.31 | | | | 6.41 | | | $ | 2,541 | | | Options granted | | | 135,000 | | | | 1.09 | | | | | | | | | | | Options exercised | | | (639,738 | ) | | | 0.16 | | | | | | | | 598 | | | Options cancelled | | | (154,320 | ) | | | 0.32 | | | | | | | | | | | Balance as of March 31, 2026 | | | 13,503,590 | | | $ | 0.33 | | | | 6.33 | | | $ | 10,322 | | | Vested and expected to vest at March 31, 2026 | | | 13,503,590 | | | $ | 0.33 | | | | 6.33 | | | $ | 10,322 | | | Exercisable at March 31, 2026 | | | 9,433,058 | | | $ | 0.27 | | | | 5.25 | | | $ | 7,765 | |
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Activity under the 2016 Plan and 2010 Plan consists of the following: | | | Number of options | | | Weighted average exercise price | | | Weighted average remaining contractual life (years) | | | Aggregate intrinsic value | | | Balance as of December 31, 2023 | | | 10,589,851 | | | $ | 0.22 | | | | 6.50 | | | $ | 954 | | | Options granted | | | 2,935,275 | | | | 0.31 | | | | | | | | | | | Options exercised | | | (266,799 | ) | | | 0.18 | | | | | | | | 36 | | | Options cancelled | | | (484,739 | ) | | | 0.25 | | | | | | | | | | | Balance as of December 31, 2024 | | | 12,773,588 | | | | 0.24 | | | | 6.31 | | | | 3,186 | | | Options granted | | | 4,039,029 | | | | 0.49 | | | | | | | | | | | Options exercised | | | (624,451 | ) | | | 0.21 | | | | | | | | 176 | | | Options cancelled | | | (2,025,518 | ) | | | 0.26 | | | | | | | | | | | Balance as of December 31, 2025 | | | 14,162,648 | | | | 0.31 | | | | 6.41 | | | | 2,541 | | | Vested and expected to vest at December 31, 2025 | | | 14,162,648 | | | | 0.31 | | | | 6.41 | | | | 2,541 | | | Exercisable at December 31, 2025 | | | 9,370,813 | | | $ | 0.25 | | | | 5.11 | | | $ | 2,290 | |
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| Schedule of Fair Value of Stock Options Granted |
The fair value of stock options granted was estimated using the following weighted-average assumptions: | | | Three months ended March 31, | | | | | 2026 | | | 2025 | | | Expected term (in years) | | | 6.1 | | | | 5.7 | | | Expected volatility | | | 64.9 | % | | | 65.4 | % | | Risk-free rate | | | 3.9 | % | | | 4.1 | % | | Dividend yield | | | — | | | | — | |
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The fair value of stock options granted was estimated using the following weighted-average assumptions: | | | 2025 | | | 2024 | | | Expected term (in years) | | | 5.9 | | | | 5.7 | | | Expected volatility | | | 65.0 | % | | | 64.7 | % | | Risk-free rate | | | 4.1 | % | | | 4.0 | % | | Dividend yield | | | — | | | | — | |
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| Schedule of Stock-Based Compensation |
The Company’s total stock-based compensation was as follows: | | | Three Months Ended March 31, | | | | | 2026 | | | 2025 | | | Cost of revenue | | $ | 18 | | | $ | 3 | | | Research and development | | | 11 | | | | 11 | | | Selling, general and administrative | | | 96 | | | | 169 | | | Total stock-based compensation | | $ | 125 | | | $ | 183 | |
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The Company’s total stock-based compensation was as follows: | | | 2025 | | | 2024 | | | Cost of revenue | | $ | 13 | | | $ | 14 | | | Research and development | | | 57 | | | | 59 | | | Selling, general and administrative | | | 483 | | | | 440 | | | Total stock-based compensation | | $ | 553 | | | $ | 513 | |
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