v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock

A summary of the Company’s outstanding restricted stock unit activity for the six months ended June 30, 2026, and 2025 is as follows:

 

   Units  

Weighted-

Average Grant

Date Fair Value

 
As of December 31, 2025   422,334   $4.39 
Granted   567,287    2.83 
Vested   (109,136)   3.63 
Forfeited   (109,452)   3.68 
As of June 30, 2026   771,033   $3.50 

 

   Units  

Weighted-

Average Grant

Date Fair Value

 
As of December 31, 2024   34   $2,672.35 
Granted   250,500    2.84 
Vested   (58,341)   2.82 
Forfeited   (14,759)   4.46 
As of June 30, 2025   177,434   $3.44 
Schedule of Stock Option Activity

A summary of the Company’s outstanding stock option activity for the six months ended June 30, 2026, and 2025 is as follows: 

 

      

Weighted-

Average

  

Weighted-

Average

Remaining

Contractual

     
   Options  

Exercise

Price

  

Life

(Years)

  

Intrinsic

Value

 
As of December 31, 2025   170,026   $6.65    9.4   $77,600 
Granted   -    -    -    - 
Exercised   -    -    -    - 
Forfeited   -    -    -    - 
Expired   (3)  $19,267    -    - 
As of June 30, 2026   170,023   $6.31    8.9   $- 
Exercisable at June 30, 2026   170,023   $6.31    8.9   $- 
Vested and expected to vest at June 30, 2026   170,023   $6.31    8.9   $- 

 

         

Weighted-

Average

    

Weighted-

Average

Remaining

Contractual

        
    Options    

Exercise

Price

    

Life

(Years)

    

Intrinsic

Value

  
As of December 31, 2024     35     $ 18,872       5.5     $ -  
Granted     90,000       3.00       9.7       -  
Exercised     -       -       -       -  
Forfeited     -       -       -       -  
Expired     (3 )     19,267       -       -  
As of June 30, 2025     90,032     $ 20.85       9.7     $ 20,000  
Exercisable at June 30, 2025     90,032     $ 20.85       9.7     $ 20,000  
Vested and expected to vest at June 30, 2025     90,032     $ 20.85       9.7     $ 20,000  
Schedule of Unrecognized Stock-based Compensation

Unrecognized stock-based compensation as of June 30, 2026, is as follows:

 

   Unrecognized  

Weighted

Average

 
  

Stock-Based

Compensation

  

Remaining of

Recognition

 
   (in thousands)   (in years) 
Stock options  $-    - 
Restricted stock units  $1,820    0.8