v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Stockholders' Equity  
Schedule of Stock-Based Compensation Expense

Three Months Ended June 30, 

Six Months Ended June 30, 

($ in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Fortress:

Employee and non-employee awards

$

1,225

$

2,916

$

1,768

$

5,523

Executive awards

 

134

 

180

 

267

 

360

Partner Companies:

 

Avenue

 

61

 

175

 

122

 

360

Checkpoint

 

 

12,141

 

 

14,097

Mustang

 

21

 

45

 

43

 

83

Journey

1,437

1,336

2,426

2,659

Other

 

 

 

8

 

Total stock-based compensation expense

$

2,878

$

16,793

$

4,634

$

23,082

Three Months Ended June 30, 

Six Months Ended June 30, 

($ in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Research and development

$

35

$

4,751

$

60

$

6,093

Selling, general and administrative

 

2,843

 

12,042

 

4,574

 

16,989

Total stock-based compensation expense

$

2,878

$

16,793

$

4,634

$

23,082

Schedule of Restricted Stock Awards and Restricted Stock Units

  ​ ​ ​

  ​ ​ ​

Weighted

average grant

Number of shares

price

Unvested balance at December 31, 2025

3,841,748

$

3.62

Restricted stock granted

1,087,458

3.22

Restricted stock vested

(37,037)

17.33

Restricted stock units granted

425,000

3.16

Restricted stock units forfeited

(150,000)

1.72

Restricted stock units vested

(219,877)

18.27

Unvested balance at June 30, 2026

4,947,292

$

2.80

Schedule of Warrant activities

Total weighted

Weighted average

average

remaining

Number of

Weighted average

 intrinsic

contractual life

  ​ ​ ​

shares

  ​ ​ ​

exercise price

  ​ ​ ​

value

  ​ ​ ​

(years)

Outstanding as of December 31, 2025

 

13,431,502

$

2.21

$

 

3.55

Exercised

(694,296)

1.76

Outstanding as of June 30, 2026

 

12,737,206

$

2.24

$

11,737,518

 

3.05

Exercisable as of June 30, 2026

 

12,737,206

$

2.24

$

11,737,518

 

3.05