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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Stock Option Activity
The following table summarizes stock option activities for the six months ended June 30, 2026:
OptionsWeighted Average
Exercise Price
Outstanding - beginning of period545,142$2.41 
Exercised(22,057)$2.40 
Outstanding - end of period523,085$2.41 
Schedule of RSU Activity
The following table summarizes RSU activities for the six months ended June 30, 2026:
RSUsWeighted Average
Grant Date Fair Value
Outstanding - beginning of period2,543,468$12.13 
Granted644,292$8.87 
Vested(765,917)$7.88 
Forfeited(129,700)$10.23 
Outstanding - end of period2,292,143$12.74 
Schedule of Stock Based Compensation
Stock-based compensation is recorded on the Company’s condensed consolidated statements of operations and comprehensive (loss) income as follows:
Three Months Ended June, 30Six Months Ended June, 30
(in thousands)2026202520262025
Web3 platform expenses$2,207 $1,608 $4,744 $2,333 
General and administrative1,733 1,567 3,806 3,601 
Stock-based compensation$3,940 $3,175 $8,550 $5,934