v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Common Class A [Member]
Common Stock [Member]
Common Class B [Member]
Additional Paid-in Capital [Member]
Subscription Receivable [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2024 $ 2 $ 1 $ 301,953 $ (281) $ (274,781) $ 26,894
Balance, shares at Dec. 31, 2024 3,721,394 18,486,999 4,877,990        
Sale of common stock, net of issuance costs 956 193 1,149
Sale of common stock, net of issuance costs, shares     30,990        
Stock-based compensation 6,076 6,076
Net loss (10,867) (10,867)
Balance at Mar. 31, 2025 $ 2 $ 1 308,985 (88) (285,648) 23,252
Balance, shares at Mar. 31, 2025 3,721,394 18,486,999 4,908,980        
Balance at Dec. 31, 2024 $ 2 $ 1 301,953 (281) (274,781) 26,894
Balance, shares at Dec. 31, 2024 3,721,394 18,486,999 4,877,990        
Net loss             (22,938)
Balance at Jun. 30, 2025 $ 2 $ 1 324,541 (12) (297,719) 26,813
Balance, shares at Jun. 30, 2025 3,721,394 18,486,999 5,064,588        
Balance at Mar. 31, 2025 $ 2 $ 1 308,985 (88) (285,648) 23,252
Balance, shares at Mar. 31, 2025 3,721,394 18,486,999 4,908,980        
Sale of common stock, net of issuance costs 5,846 76 5,922
Sale of common stock, net of issuance costs, shares     155,261        
Stock-based compensation 9,710 9,710
Net loss (12,071) (12,071)
Balance at Jun. 30, 2025 $ 2 $ 1 324,541 (12) (297,719) 26,813
Balance, shares at Jun. 30, 2025 3,721,394 18,486,999 5,064,588        
Balance at Dec. 31, 2025 $ 1 $ 2 339,256 (131) (318,688) 20,440
Balance, shares at Dec. 31, 2025 12,266,105 15,718,440        
Stock-based compensation 3,356 3,356
Net loss (10,194) (10,194)
Issuance of common stock and warrants from sale and exercise, net of issuance costs $ 1 15,910 131 16,042
Issuance of common stock and warrants from sale and exercise, net of issuance costs, shares     8,564,580        
Share conversions
Share conversions, shares   (239,235) 239,235        
Issuance of stock for vested RSUs
Issuance of stock for vested RSUs, shares     51,486        
Balance at Mar. 31, 2026 $ 1 $ 3 358,522 (328,882) 29,644
Balance, shares at Mar. 31, 2026 12,026,870 24,573,741        
Balance at Dec. 31, 2025 $ 1 $ 2 339,256 (131) (318,688) 20,440
Balance, shares at Dec. 31, 2025 12,266,105 15,718,440        
Net loss             (21,079)
Balance at Jun. 30, 2026 $ 1 $ 3 364,333 (190) (339,766) 24,381
Balance, shares at Jun. 30, 2026 11,983,010 25,439,653        
Balance at Mar. 31, 2026 $ 1 $ 3 358,522 (328,882) 29,644
Balance, shares at Mar. 31, 2026 12,026,870 24,573,741        
Stock-based compensation 3,700 3,700
Net loss (10,884) (10,884)
Issuance of common stock and warrants from sale and exercise, net of issuance costs 1,315 (190) 1,125
Issuance of common stock and warrants from sale and exercise, net of issuance costs, shares     617,000        
Share conversions
Share conversions, shares   (43,860) 43,860        
Issuance of stock for vested RSUs
Issuance of stock for vested RSUs, shares     148,872        
Stock-based settlement of litigation (see Note 3) 646 646
Issuance of common stock to settle liabilities 150 150
Issuance of common stock to settle liabilities, shares     56,180        
Balance at Jun. 30, 2026 $ 1 $ 3 $ 364,333 $ (190) $ (339,766) $ 24,381
Balance, shares at Jun. 30, 2026 11,983,010 25,439,653