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Stock-based Compensation (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Stock-Based Compensation Expense
The Company recognized total stock-based compensation expense during the three and six months ended June 30, 2025 and 2024 as follows (table in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Service-based Awards:
Restricted Stock Units$187 $159 $481 $277 
Stock Option Awards195 179 346 312 
Total$382 $338 $827 $589 
Schedule of Restricted Stock Awards
A summary of the Company’s performance-based restricted stock awards during the six months ended June 30, 2025 is as follows:
Performance-based Restricted Stock AwardsNumber of SharesWeighted Average
Grant-Date
Fair Value
Unvested at January 1, 2025891 $62.70 
Unvested at June 30, 2025891 $62.70 
Schedule of Restricted Stock Units
A summary of the Company’s service-based restricted stock units during the six months ended June 30, 2025 is as follows:
Service-based Restricted Stock UnitsNumber of SharesWeighted Average
Grant-Date
Fair Value
Unvested at January 1, 2025584,309 $1.72 
Granted1,000,000 1.07 
Vested(417,649)1.85 
Unvested at June 30, 20251,166,660 $1.12 
Schedule of Stock Option Assumptions
The fair value of the service-based stock option awards granted during the six months ended June 30, 2025 were based on the following assumptions:
Six Months Ended
June 30, 2025
Six Months Ended
June 30, 2024
Exercise price$1.07
$1.39 - $1.80
Expected stock price volatility90.4%81.8%
Risk-free interest rate4.1%
4.31% - 4.45%
Term (years)5.86
5.61 - 5.62
Schedule of Stock Options Activity
A summary of the Company’s service-based stock option activity for the six months ended June 30, 2025 is as follows:
Service-based Stock Option AwardsShares
Underlying
Options		Weighted
Average Exercise
Price		Weighted
Average
Remaining
Contractual
Term
Aggregate
Intrinsic Value
(in thousands)
Outstanding at January 1, 20251,886,247 $3.98 
Granted1,501,500 1.07 
Forfeited(9,354)1.59 
Expired(36,501)1.73 
Outstanding at June 30, 2025
3,341,892 $2.71 8.6$— 
Exercisable at June 30, 2025
913,461 $6.41 7.0$—