STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2026

Share-Based Payment Arrangement [Abstract]

Stock option activity during the six months ended June 30, 2026 was as follows:


	Shares	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding as of December 31, 2025	127,835	$	117.38	9.47	$	—
Granted	168,372	4.89
Expired	(1,005)	12.96
Forfeited	(26)	510.15
Outstanding as of June 30, 2026	295,176	53.54		6.09	—
Nonvested as of June 30, 2026	61,881	2.46		9.89	—
Exercisable as of June 30, 2026	233,295	$	67.08	5.09	$	—

Schedule of Weighted-Average Assumptions Used in Black-Scholes Option Pricing Model

The grant date fair values of the stock options were estimated using the Black-Scholes option pricing model using the following weighted average assumptions:


	Six Months Ended June 30,
	2026			2025
Risk-free interest rate	4.07		%	4.44		%
Expected volatility	108.41		%	125.37		%
Expected term (years)	5.12			5.38
Expected dividend yield	0.00		%	0.00		%
Fair value, per share	$	1.45		$	476.10

Schedule of Nonvested Restricted Stock Unit Activity

The following table summarizes restricted stock unit ("RSU') activity during the six months ended June 30, 2026:


	Shares	Weighted Average Grant Date Fair Value
Vested outstanding as of December 31, 2025	1,109,118	$	5.98
Nonvested outstanding as of December 31, 2025	—	—
Granted	34,160	2.20
Vested	(12,960)	1.94
Settled	(1,109,118)	5.98
Nonvested and outstanding as of June 30, 2026	21,200	$	2.36