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COMMON STOCK (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Black-Scholes Option Pricing Model Weighted-Average Assumptions The Black-Scholes option-pricing model was used to estimate the fair value of the warrants with the following assumptions:
Initial Placement Underwriters' WarrantsOver-allotment exercise Underwriters' Warrants
Risk-free interest rate3.94 %3.96 %
Expected term5 years4.96 years
Volatility of common stock78.83 %78.94 %
Expected dividend rate— %— %
The following table summarizes Black-Scholes option pricing model weighted-average assumptions; for the three months ended March 31, 2025 ("none"), there were no grants.
Three Months Ended March 31
2026
2025
Risk-free interest rate3.73 %none
Expected term5.54 yearsnone
Volatility of common stock76.9 %none
Expected dividend rate— %none
Common Stock Reserved for Future Issuance
March 31, 2026
December 31, 2025
Exercises of stock options under 2005 Plan1,518,680 1,627,097 
Exercises of stock options under 2025 Plan610,051 348,551 
Restricted Stock Units under 2025 Plan24,270 — 
Exercises of warrants168,898 168,898 
Reserved for future grants under 2025 Plan5,427,163 3,838,331 
Total reserved shares of common stock7,749,062 5,982,877