v3.26.1
Stock Awards and Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options Activity
The following table summarizes stock option activity as of June 30, 2026:
Options
Outstanding		Weighted
Average
Exercise Price
Per Share		Weighted
Average
Remaining
Contractual
Life (years)		Aggregate
Intrinsic Value
Balance as of January 1, 202522,665$84.28 1.27$— 
Options granted4,9245.32
Options exercised——
Options canceled and forfeited(19,198)89.07
Balance as of December 31, 20258,39134.832.57—
Options granted2,1052.85
Options exercised— —
Options canceled and forfeited(135)44.46
Balance as of March 31, 202610,36126.142.48—
Options granted2,236 2.68 
Options exercised— — 
Options canceled and forfeited(180)33.74 
Balance as of June 30, 202612,41721.932.39—
Schedule of Stock Options Valuation Assumptions
The following assumptions were used to calculate the fair value of options granted during the six months ended June 30, 2026 and 2025:
For the six months ended June 30,
20262025
Fair value of Class A Common Stock
$1.43 — $3.41
$1.27 — $4.48
Exercise price
$2.66 — $2.86
$6.01 — $6.85
Risk free interest rate
3.52% — 4.15%
3.78% — 4.33%
Expected dividend yield— %— %
Expected volatility
141.47% — 149.44%
155.39% — 166.59%
Expected term3 year3 years
Schedule of Outstanding RSU Activity
A summary of outstanding RSU activity as of June 30, 2026 is as follows:
RSU Outstanding Number of Shares
Balance as of January 1, 202572,074
Granted478,027
Vested (issued)(51,771)
Forfeited(20,433)
Balance as of December 31, 2025477,897
Granted215,398
Vested (issued)—
Forfeited—
Balance as of March 31, 2026693,295
Granted97,378
Vested (issued)(308,242)
Forfeited (70,555)
Balance as of June 30, 2026411,876
Schedule of Stock-Based Compensation Expense
Our consolidated statements of operations include stock-based compensation expense as follows:
For the three months ended June 30,For the six months ended June 30,
2026202520262025
Cost of services$5,224 $870 $8,988 $951 
Research and development22,814 5,549 43,012 11,756 
Selling, general, and administrative278,160 258,741 514,309 386,780 
Total stock-based compensation expense$306,198 $265,160 $566,309 $399,487