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v3.26.1

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total
--- | --- | --- | --- | ---
Balance (in shares) at Dec. 31, 2024 | 65,925,503 |  |  |
Balance at Dec. 31, 2024 | $ 66 | $ 505,296 | $ (390,500) | $ 114,862
Issuance of common stock pursuant to warrant exercise (in shares) | 1,271,453 |  |  |
Issuance of common stock pursuant to warrant exercise | $ 1 | 13,971 | 0 | 13,972
Issuance of common stock upon exercise of stock options (in shares) | 51,000 |  |  |
Issuance of common stock upon exercise of stock options | $ 0 | 380 | 0 | 380
Issuance of common stock under employee stock purchase plan (in shares) | 25,844 |  |  |
Issuance of common stock under employee stock purchase plan | $ 0 | 352 | 0 | 352
Stock-based compensation expense | 0 | 5,681 | 0 | 5,681
Net loss | $ 0 | 0 | (16,795) | (16,795)
Balance (in shares) at Mar. 31, 2025 | 67,273,800 |  |  |
Balance at Mar. 31, 2025 | $ 67 | 525,680 | (407,295) | 118,452
Balance (in shares) at Dec. 31, 2025 | 67,839,689 |  |  |
Balance at Dec. 31, 2025 | $ 68 | 543,869 | (463,281) | 80,656
Issuance of common stock pursuant to warrant exercise (in shares) | 9,321 |  |  |
Issuance of common stock pursuant to warrant exercise | $ 0 | 100 | 0 | 100
Issuance of common stock upon exercise of stock options (in shares) | 339,840 |  |  |
Issuance of common stock upon exercise of stock options | $ 0 | 1,746 | 0 | 1,746
Issuance of common stock under employee stock purchase plan (in shares) | 36,217 |  |  |
Issuance of common stock under employee stock purchase plan | $ 0 | 465 | 0 | 465
Stock-based compensation expense | 0 | 1,912 | 0 | 1,912
Net loss | $ 0 |  | (18,581) | (18,581)
Balance (in shares) at Mar. 31, 2026 | 68,225,067 |  |  |
Balance at Mar. 31, 2026 | $ 68 | $ 548,092 | $ (481,862) | $ 66,298

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