v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Stock-Based Compensation [Abstract]  
Schedule of RSU Activities

A summary of RSU activities for the six months ended June 30, 2026 are presented below:

 

    Number of
Shares
    Weighted
Average
Grant Date
Fair Value
per Share
 
Nonvested as of January 1, 2026     9,700     $ 0.45  
Granted     600,000     $ 1.89  
Vested     (309,700 )   $ 1.84  
Forfeited     -     $ -  
Nonvested as of June 30, 2026     300,000     $ 1.89  
Schedule of Stock Options Activity

A summary of stock options activity for the six months ended June 30, 2026 is presented below:

 

    Stock
Options
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life
(in years)
    Aggregate
Intrinsic Value
(in thousands)
 
Outstanding at January 1, 2026     3,857,138     $ 1.84       6.1     $ 544  
Options granted     431,570     $ 1.99                  
Options forfeited     (64,810 )   $ 1.83                  
Options cancelled     (26,102 )   $ 2.36                  
Options exercised     (168,333 )   $ 1.07                  
Outstanding as of June 30, 2026     4,029,463     $ 1.88       6.1     $ 1,053  
Options vested and exercisable as of June 30, 2026     3,020,194     $ 1.98       5.0     $ 784  
Schedule of Stock-Based Compensation Expense

Stock-based compensation expense, by expense category, during the three and six months ended June 30, 2026 and 2025 consisted of the following (in thousands): 

 

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2026     2025     2026     2025  
Research and development   $ 16     $ 2     $ 32     $ 32  
General and administrative     789       394       974       544  
Selling and marketing     2       15       (16 )     35  
Total stock-based compensation expense   $ 807     $ 411     $ 990     $ 611