STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2025

Board of Directors and Employees

STOCK-BASED COMPENSATION

Schedule of Nonvested Restricted Stock Units Activity

	Unvested Restricted Stock Units
	Number of Shares	Weighted-Average Grant-Date Fair Value
Unvested as of December 31, 2024	2,614,031	$	2.57
Unvested awards of employees acquired in business acquisition	1,498,079	$	2.89
Granted	7,548,141	$	5.31
Vested	(7,391,180)	$	4.54
Forfeited/canceled	(46,189)	$	4.30
Unvested as of June 30, 2025	4,222,882	$	4.10

Non Employees

STOCK-BASED COMPENSATION

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes the activities for unvested RSUs granted to non-employees, excluding members of the board of directors, during the six months ended June 30, 2025:

	Unvested Restricted Stock Units
	Number of Shares	Weighted-Average Grant-Date Fair Value
Unvested as of December 31, 2024	1,698,733	$	1.22
Unvested awards of employees acquired in business acquisition	(1,498,079)	$	2.89
Granted	765,000	$	4.57
Vested	(723,110)	$	0.95
Forfeited/canceled	(33,333)	$	0.65
Unvested as of June 30, 2025	209,211	$	2.53