Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2025

Stock-Based Compensation [Abstract]

Share-based Compensation Expense

The Company recorded share‑based compensation expense (for all awards and modifications, if any) in the accompanying condensed consolidated statements of operations as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Selling and marketing*	$	12	$	13	$	27	$	(24	)
General and administrative		116		150		230		299
	$	128	$	163	$	257	$	275

*Selling and marketing expense was negative during the six months ended June 30, 2024 due to the forfeiture of awards during the period.

Stock Option Activity

The following table summarizes stock option activity for the six months ended June 30, 2025:

	Number of Shares Under Option Plan			Weighted-Average Exercise Price per Option		Weighted-Average Remaining Contractual Term (in years)
Outstanding at January 1, 2025		521,726		$	8.16
Granted		238,000			2.55
Forfeited and expired		(32,000	)		12.44
Outstanding at June 30, 2025		727,726		$	6.14		8.4
Exercisable at June 30, 2025		227,638		$	11.00		6.7
Vested and expected to vest at June 30, 2025		727,726		$	6.14		8.4

Weighted Average Assumption Used for Grant Date Fair Value of Option Grants

For the six months ended June 30, 2025, the grant date fair value of all option grants was estimated at the time of grant using the Black-Scholes option-pricing model using the following weighted average assumptions:

Expected volatility	77.58	%
Risk-free rate	4.26	%
Expected term (in years)	6.50
Dividend rate	0.0	%