Number of
Options

Weighted
Average
Exercise
Price Per
Share

Weighted
Average
Remaining
Contractual
Term
(in years)

Aggregate
Intrinsic
Value (in
thousands)

Outstanding as of December 31, 2025

2,173,642

$

1.20

Granted

890,790

1.28

Exercised

(216,139

)

1.19

Cancelled

—

—

Outstanding as of September 30, 2026

2,848,293

1.23

8.27

36,386

Exercisable as of September 30, 2026

1,091,013

1.18

7.18

13,991

Vested and expected to vest as of September 30, 2026

2,848,293

$

1.23

8.27

$

36,386