Note 11 - Equity (Tables)

12 Months Ended

Dec. 31, 2024

Stockholders' Equity Note [Abstract]

Summary of Stock-Based Award Activity

The following table summarizes the stock-based award activity under the Plan for the years ended December 31, 2024 and 2023.

	Restricted Stock Awards			Weighted-Average Grant Date Fair Value Per Restricted Stock Award
Outstanding as of December 31, 2022		159,439		$	1.62
Granted		697,393			0.78
Vested		(59,607	)		2.25
Forfeited		(21,856	)		1.60
Outstanding as of December 31, 2023		775,369			0.99
Granted		1,519,154			0.40
Vested		(468,440	)		1.02
Forfeited		(4,250	)		0.40
Outstanding as of December 31, 2024		1,821,833		$	0.49

Summary of Option Awards

In connection with the completion of the Initial Mergers, the Company assumed option awards previously issued to directors and officers of the Company’s predecessor. Details of these options for the year ended December 31, 2023, are presented in the table below:

	Number of Shares Underlying Options			Weighted Average Exercise Price Per Share			Weighted Average Fair Value at Grant Date		Weighted Average Remaining Contractual Life		Intrinsic Value
Balance at December 31, 2022		10,000		$	6.00		$	—		0.45	$	—
Options granted		—			—			—		—		—
Options exercised		—			—			—		—		—
Options expired		(10,000	)		(6.00	)		—		—		—
Balance at December 31, 2023		—		$	—		$	—		—	$	—

Summary of Valuation Assumptions

The table below provides the input that was used in the Black-Scholes model at November 22, 2022:

	November 22, 2022
Expected dividend yield		—
Risk-free interest rate		3.8	%
Expected volatility		69.3	%
Expected Life		10.0

The table below provides the input that was used in the Black-Scholes model at November 23, 2022:

	November 23, 2022
Expected dividend yield		—
Risk-free interest rate		3.9	%
Expected volatility		87.7	%
Expected Life		5.0