v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity and related information:

 

  

Number of

Shares

  

Weighted

Average

Exercise Price

  

Aggregate

Intrinsic Value

(in thousands)

  

Weighted

Average

Remaining Life

 
Outstanding as of December 31, 2025   7,336,803   $0.76   $1,138,783    8.71 
Granted   8,039,908   $1.27   $-    - 
Exercised during period   -   $-    -    - 
Forfeited   10,631   $1.29   $-    - 
Expired   12,870   $1.15    -    - 
Outstanding as of June 30, 2026   15,353,210   $1.02   $1,186,016    9.01 
Schedule of Stock Based Compensation Expenses

Total stock-based compensation expense for the three and six months ended June 30, 2026 and 2025 was as follows (in thousands):

 

   June 30, 2026   June 30, 2025   June 30, 2026   June 30, 2025 
   Three Months Ended   Six Months Ended 
   June 30, 2026   June 30, 2025   June 30, 2026   June 30, 2025 
Cost of sales  $4   $5   $19   $9 
Research and development   35    23    68    59 
Sales and marketing   11    -    18    16 
General and administrative   314    252    462    278 
Total stock-based compensation expense  $364   $280   $567   $362