XML 43 R32.htm IDEA: XBRL DOCUMENT v3.25.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Stock Option Activity
Stock option activity for the three months ended March 31, 2025 was as follows:
Shares Underlying
Options
Weighted Average Per Share
Exercise Price
Weighted Average Remaining
Contractual Life
Aggregate Intrinsic
Value
(In Thousands)
Options outstanding at December 31, 20241,732,768 $3.43 9.25 years$— 
Cancelled or terminated(42,945)12.38 
Options outstanding at March 31, 20251,689,823 3.20 9.03 years— 
Options outstanding and vested at March 31, 2025189,823 3.20 9.03 years— 
Schedule of Restricted Stock Unit Activity
Restricted stock unit (“RSU”) activity for the three months ended March 31, 2025 was as follows:
Number of Restricted Stock UnitsWeighted-Average Grant Date Fair Value
Outstanding at December 31, 2024224,762 $3.78 
Granted195,486 0.77 
Vested(269,062)1.91 
Forfeited(8,432)4.07 
Outstanding at March 31, 2025142,754 3.17 
Schedule of Changes in Level 3 Warrant Liability
Changes in the Level 3 warrant liability were as follows:
(In thousands)
Balance at December 31, 2024$5,709 
Measurement adjustment(4,282)
Balance at March 31, 2025$1,427