v3.26.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Assumptions Used to Compute Fair Value

The following table summarizes assumptions used to compute the fair value of options granted:

 

    Year Ended December 31, 
    2025    2024 
Stock price   N/A   $146 - 305 
Exercise price   N/A   $146 - 2,500 
Expected volatility   N/A    61.00 - 62.12%
Expected term (in years)   N/A    5.61 - 6.08 
Risk-free interest rate   N/A    4.20 - 4.45%
Summary of Stock Option Activity

A summary of stock option activity under the Plan is as follows:

 

  

Shares

Underlying

Options

  

Weighted

Average

Exercise Price

  

Weighted

Average

Remaining

Contractual

Term (in years)

  

Intrinsic

Value

 
Outstanding at December 31, 2024   2,566   $1,618.30    8.52   $— 
Granted   10,058    210.45    —    — 
Expired   (28)   2,479.66    —    — 
Forfeited   (43)   1,700.47    —    — 
Outstanding at December 31, 2025   12,553   $343.74    8.64    — 
Exercisable at December 31, 2025   3,913   $610.35    8.15   $— 
Summary of Activity with Respect Status of, RSUs

A summary of the activity with respect to, and status of, RSUs during the year ended December 31, 2025 is presented below:

 Summary of Activity with Respect Status of, RSUs

   Units  

Weighted Average

Grant Date Fair

Value

 
Outstanding at December 31, 2024   34,078   $17.40 
Granted   595,529    7.03 
Vested   (200,954)   11.91 
Forfeited   (14,751)   8.49 
Outstanding at December 31, 2025   413,902   $7.45