Stockholders’ Deficit

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Stockholders’ Deficit

Stockholders’ Deficit

Preferred stock and common stock

On November 18, 2022, upon the consummation of the Business Combination, the Company's shareholders adopted the new certificate of incorporation. The new certificate of incorporation set forth the rights, privileges, and preference of

the Company's preferred stock and common stock. The Company's Board of Directors is authorized to provide for the issuance of all or any number of the shares of preferred stock, and to fix the number of shares and to determine or alter for each such series, such voting powers, full or limited, or no voting powers, and such designation, preferences, and relative, participating, optional, or other rights and such qualifications, limitations, or restrictions.

The holders of the Company's common stock are entitled to one vote on each matter submitted to the stockholders of the Company for their vote.

Treasury stock

Treasury stock includes repurchases of Company stock related to employees’ tax withholding upon vesting of restricted stock units. For the years ended December 31, 2024 and 2023, the Company repurchased 1,016,496 and 357,240 shares respectively.