SHARE-BASED COMPENSATION |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Share-Based Payment Arrangement [Abstract] | |
| SHARE-BASED COMPENSATION |
In 2018, the Company’s Board of Directors and stockholders adopted the 2018 Stock Option and Award Incentive Plan (the “2018 Plan”). The 2018 Plan provides for the issuance of equity-based awards to employees and non-employee service providers. As of December 31, 2025, shares of common stock remained available for future issuance under the 2018 Plan.
During the years ended December 31, 2025 and 2024, the Company granted equity-based awards, primarily in the form of warrants, in exchange for services rendered. Refer to Class A and Class B Warrants in Note 12 Warrants for additional details.
For the years ended December 31, 2025 and 2024, the Company recognized share-based compensation expense of $ and $, respectively.
Warrants
As of December 31, 2025, the Company had outstanding warrants issued to officers, directors, and employees to purchase shares of common stock. Refer to Note 11 Warrant – Class A and Class B Warrants.
Share-Based Compensation Expense
For the years ended December 31, 2025 and 2024, the Company recognized share-based compensation expense of $ and $, respectively.
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