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Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Stock-Based Compensation Expense
The Company recognized total stock-based compensation expense during the three months ended March 31, 2026 and 2025 as follows (table in thousands):
Three Months Ended March 31,
20262025
Service-based Awards:
Restricted Stock Units$193 $294 
Stock Option Awards286 151 
Total$479 $445 
Schedule of Restricted Stock Awards
A summary of the Company’s performance-based restricted stock awards during the three months ended March 31, 2026 is as follows:
Performance-based Restricted Stock AwardsNumber of SharesWeighted Average
Grant-Date
Fair Value
Unvested at January 1, 2026891 $62.70 
Forfeited(891)$62.70 
Unvested at March 31, 2026— $— 
Schedule of Restricted Stock Units
A summary of the Company’s service-based restricted stock units during the three months ended March 31, 2026 is as follows:
Service-based Restricted Stock UnitsNumber of SharesWeighted Average
Grant-Date Fair Value
Unvested at January 1, 20261,156,660 $1.11 
Vested(83,330)1.39 
Unvested at March 31, 20261,073,330 $1.09 
Schedule of Stock Options Activity
A summary of the Company’s service-based stock option activity for the three months ended March 31, 2026 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, 20263,276,564 $2.64 
Forfeited(43,832)1.19 
Expired(32,683)10.32 
Outstanding at March 31, 2026
3,200,049 $2.56 7.83$
Exercisable at March 31, 2026
1,182,664 $4.77 6.44$—