v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Stock-Based Compensation  
Summary of Common Stock Option Activity

Common stock options outstanding under the 2024 Plan were as follows (in thousands, except per share amounts and years):

 

 

Number of
Options
Outstanding

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual Life
(in Years)

 

 

Aggregate
Intrinsic Value

 

Balance as of December 31, 2025

 

 

346

 

 

$

0.11

 

 

 

4.1

 

 

$

379

 

Exercised

 

 

(15

)

 

$

0.11

 

 

 

 

 

 

 

Balance as of June 30, 2026

 

 

331

 

 

$

0.11

 

 

 

3.6

 

 

$

947

 

Vested and expected to vest as of June 30, 2026

 

 

331

 

 

$

0.11

 

 

 

3.6

 

 

$

947

 

Exercisable as of June 30, 2026

 

 

331

 

 

$

0.11

 

 

 

3.6

 

 

$

947

 
Summary of RSUs Activity

The RSU activity under the 2024 Plan was as follows (in thousands, except per share amounts):

 

 

Number of RSUs
Outstanding

 

 

Weighted
Average Grant
Date Fair Value

 

Balance as of December 31, 2025

 

 

1,446

 

 

$

2.53

 

Granted

 

 

705

 

 

$

1.28

 

Vested and released

 

 

(264

)

 

$

1.81

 

Cancelled

 

 

(12

)

 

$

2.31

 

Balance as of June 30, 2026

 

 

1,875

 

 

$

2.16

 

Vested and unreleased as of June 30, 2026

 

 

445

 

 

$

1.55

 
Schedule of Stock-Based Compensation Allocation

The following table summarizes stock-based compensation included in the Company’s unaudited condensed consolidated statements of operations (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenues

 

$

4

 

 

$

18

 

 

$

14

 

 

$

29

 

Research and development

 

 

78

 

 

 

215

 

 

 

205

 

 

 

361

 

Sales and marketing

 

 

21

 

 

 

45

 

 

 

55

 

 

 

79

 

General and administrative

 

 

241

 

 

 

234

 

 

 

515

 

 

 

554

 

Total

 

$

344

 

 

$

512

 

 

$

789

 

 

$

1,023