Convertible Preferred Stock and Stockholders’ Equity (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Summary of Performance Award And Market Capitalization Milestones

Tranche #	No. of Shares Subject to PSU		Market Capitalization Milestones(1)
1		1,000,000	$	1,000,000,000
2		1,500,000	$	1,500,000,000
3		1,500,000	$	2,000,000,000
4		2,000,000	$	2,500,000,000
5		1,000,000	$	3,000,000,000
6		1,000,000	$	3,500,000,000
7		1,000,000	$	4,000,000,000
8		2,000,000	$	4,500,000,000
9		1,000,000	$	5,000,000,000
10		1,000,000	$	5,500,000,000
Total:		13,000,000

Summary of Option and Stock Appreciation Rights Activity

	Number of Options/SARs			Range of Exercise Price		Weighted Average Exercise Price per Share
Outstanding, December 31, 2023		3,650,115			$0.74 - $9.87	$	3.93
Granted		20,000			$2.80	$	2.80
Exercised		(9,550	)		$0.74 - $2.03	$	0.80
Forfeited		(189,832	)		$0.74 - $6.96	$	4.03
Outstanding, March 31, 2024		3,470,733			$0.74 - $9.87	$	3.92

Summary of Restricted Stock Unit Activity

A summary of the restricted stock unit activity for the three-month period ended March 31, 2024, is as follows:

	Number of Restricted Stock Units			Weighted Average Grant Date Fair Value per Unit
Outstanding, December 31, 2023		1,502,131		$	3.94
Granted		389,610		$	1.54
Vested		(150,000	)	$	1.19
Outstanding, March 31, 2024		1,741,741		$	3.64