v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Estimated Values of Stock Option Grants Valuation Assumptions

  

Grant Date

June 26, 2026

 
Risk-free interest rate   4.15%
Expected term   5 years 
Expected volatility   78.11%
Expected dividend yield   0.00%

 

  

Grant Date

June 21, 2025

 
Risk-free interest rate   3.96%
Expected term   5 years 
Expected volatility   88.39%
Expected dividend yield   0.00%
 
Schedule of Stock Options Activity

A summary of stock option activity during the six months ended June 30, 2026 and 2025 is as follows: 

 

           Weighted- 
       Weighted-   Average 
   Shares   Average   Remaining 
   Under   Exercise   Contractual 
   Option   Price   Life 
Outstanding at January 1, 2026   362,233   $6.81    6 years 
Exercised   (37,488)   5.13      
Granted   30,000    6.11      
Outstanding at June 30, 2026   392,233   $6.76    6 years 
                
Exercisable at June 30, 2026   383,647   $6.68    6 years 

 

           Weighted- 
       Weighted-   Average 
   Shares   Average   Remaining 
   Under   Exercise   Contractual 
   Option   Price   Life 
Outstanding at January 1, 2025   374,411   $6.22    8 years 
Exercised   (37,488)   5.13      
Granted   27,000    12.88      
Outstanding at June 30, 2025   363,923   $6.83    7 years 
                
Exercisable at June 30, 2025   349,423   $6.69    7 years