v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Arrangement, Option, Activity The following is a summary of stock option activity during the six months ended June 30, 2026 and for the year ended December 31, 2025, effective for the conversion:
Number
of Options
Weighted
Average
Exercise
price ($)
Weighted
Average
Grant-
Date Fair
Value ($)
Weighted
Average
Remaining
Contractual
Life (in
Years)
Aggregate
Intrinsic
Value
Options outstanding as of January 1, 2025588,1711.92 2.04 8.8$1,976,425 
Granted693,6921.79 5.12 
Exercised(54,425)(1.93)(4.81)
Canceled(45,404)(0.69)(5.08)
Options outstanding as of December 31, 20251,182,0341.93 3.75 8.7$11,611,870 
Options outstanding as of June 30, 20261,182,0341.93 3.75 8.2$27,103,204 
Options exercisable as of June 30, 20261,129,5951.64 2.59 6.1
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions The Black-Scholes model utilized the following inputs to value the options granted during the six months ended June 30, 2025:
June 30, 2025
Option Valuation Assumptions:
Risk-free interest rate3.9%-4.4%
Expected term (years)0.04-5.0
Fair value of underlying common stock$5.04-$5.76
Exercise price$0.69-$9.00
Expected volatility98.2%-123.0%
Expected dividend yield—%