Stockholders’ Deficit and Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2024

Stockholders' Equity and Stock-Based Compensation

Schedule of Stock Option Activity

	Stock Options
	Shares	Weighted Average Exercise Price		Weighted Average Contractual Life (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 2022	—	$	—	—	$	—
Granted	278,850	$	1.68	—	$	—
Exercised	—	$	—	—	$	—
Forfeited	(24,850)	$	1.62	—	$	—
Outstanding at December 31, 2022	254,000	$	1.69	9.40	$	193
Granted	153,665	$	3.78	9.24	$	24
Exercised	(7,883)	$	1.62	—	$	55
Forfeited	(28,666)	$	2.26	—	$	41
Outstanding at December 31, 2023	371,116	$	2.51	8.77	$	4,591
Vested and exercisable at December 31, 2023	70,147	$	1.70	8.40	$	924

The following table summarizes the stock option activity under the 2022 Omnibus Plan as of September 30, 2024:

	Stock Options
	Shares	Weighted Average Exercise Price		Weighted Average Contractual Life (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 2024	371,116	$	2.51	8.77	$	4,591
Granted	—	$	—	—	$	—
Exercised	(12,557)	$	2.39	—	$	179
Forfeited	(17,701)	$	2.98	—	$	36
Outstanding at September 30, 2024	340,858	$	2.49	7.92	$	97
Vested and exercisable at September 30, 2024	172,543	$	2.17	7.64	$	63

Schedule of RSU Activity and Related Information

	Restricted Stock Units
	Number of Shares	Weighted Average Grant Date Fair Value per Share
Unvested - January 1, 2022
Granted	377,614	$	1.67
Vested	—	—
Forfeited	(24,850)	$	1.62
Unvested - December 31, 2022	352,764	$	1.67
Granted	329,249	$	3.70
Vested	(111,084)	$	1.67
Forfeited	(28,533)	$	2.26
Unvested - December 31, 2023	542,396	$	2.87

A summary of RSU activity during the nine months ended September 30, 2024 and related information is as follows:

	Restricted Stock Units
	Number of Shares	Weighted Average Grant Date Fair Value per Share
Unvested- January 1, 2024	542,396	$	2.87
Granted	99,474	$	16.90
Vested	(362,799)	$	6.76
Forfeited	(14,111)	$	3.01
Unvested- September 30, 2024	264,960	$	2.79