v3.26.1
Stock Options and Warrants (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary Of Information Related To Stock Options
In September 2016, the Company adopted the 2016 Stock Plan, as amended, which authorized 1,726,130 shares as of June 30, 2026. Stock options granted under the 2016 Plan typically vest over a four-year period with a one-year cliff.
 
 
 
Options
 
 
Weighted Average
Exercise Price
 
 
Intrinsic Value
 
Outstanding as of December 31, 2025
 
 
1,213,313
 
 
$
0.21
 
 
$
8,856,243
 
Granted
 
 
—
 
 
 
—
 
 
 
 
 
Exercised
 
 
(17,582
)
 
$
0.24
 
 
 
 
 
Forfeited
 
 
(22,221
)
 
$
0.18
 
 
 
 
 
Outstanding as of June 30, 2026
 
 
1,173,510
 
 
$
0.21
 
 
$
2,160,068
 
Exercisable as of June 30, 2026
 
 
774,791
 
 
$
0.21
 
 
$
1,428,393
 
Summary Of Information Related To Common Stock Warrants
 
Common Stock warrants – A summary of information related to Common Stock warrants for the six months ended June 30, 2026 is as follows:
 
 
 
Shares
 
 
Weighted Average
Exercise Price
 
Outstanding as of December 31, 2025
 
 
716,816
 
 
$
2.19
 
Granted
 
 
3,629,063
 
 
 
15.59
 
Exercised
 
 
(382,744
)
 
 
0.94
 
Cancelled or expired
 
 
(106,447
)
 
 
1.96
 
Outstanding as of June 30, 2026
 
 
3,856,688
 
 
$
14.93
 
Exercisable as of June 30, 2026
 
 
3,856,688
 
 
$
14.93