Convertible Preferred Stock and Stockholders’ Equity (Tables)

6 Months Ended

Jun. 30, 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

A summary of the option and stock appreciation rights activity for the six-month period ended June 30, 2024, is as follows:

	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		716,500			$2.45 - $3.01	$	3.00
Exercised		(11,763	)		$0.74 - $2.57	$	1.02
Forfeited		(251,005	)		$0.74 - $9.20	$	3.99
Outstanding, June 30, 2024		4,103,847			$0.74 - $9.87	$	3.77

Schedule of Restricted Stock Unit Activity

A summary of the restricted stock unit activity for the six-month period ended June 30, 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		(492,584	)	$	3.03
Outstanding, June 30, 2024		1,399,157		$	3.60