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Stock Incentive Plan (Tables) | 6 Months Ended
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Jun. 30, 2025
Stock Incentive Plan |
Schedule of stock option activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Options Outstanding
​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Average | ​ | ​ | ​
​ | ​ | Number of | ​ | Weighted | ​ | Remaining | ​ | Aggregate
​ | ​ | Stock Options | ​ | Average | ​ | Contractual | ​ | Intrinsic Value
​ |  | Outstanding |  | Exercise Price |  | Term (In Years) |  | (In Thousands)
Balance, December 31, 2024 |  | 691,450 | ​ | $ | 8.86 |  | 3.21 | ​ | $ | 31,209
Options granted | ​ | 687,595 | ​ | $ | 51.00 | ​ | 6.89 | ​ | ​ | —
Options forfeited/cancelled | ​ | (993) | ​ | ​ | — | ​ | — | ​ | ​ | —
Options exercised |  | (75,184) | ​ | $ | 7.43 | ​ | — | ​ | ​ | —
Balance, June 30, 2025 |  | 1,302,868 | ​ | $ | 31.16 | ​ | 5.00 | ​ | $ | 18,950
Exercisable as of June 30, 2025 |  | 560,854 | ​ | $ | 11.02 | ​ | 2.28 | ​ | $ | 16,551
Schedule of assumptions used to determine the fair value of stock options | ​
​ | ​ | ​ | ​ | ​ | ​
| ​ | June 30, | ​ | June 30, | ​
​ |  | 2025 |  | 2024 | ​
Expected term (in years) | ​ | 1-6 | ​ | 2-7 | ​
Risk-free interest rate | ​ | 3.9%-4.5% | ​ | 4.5%-4.9% | ​
Expected volatility | ​ | 69.3%-100.4% | ​ | 62.3%-77.2% | ​
Expected dividend rate | ​ | 0 | ​ | 0 | ​
Fair value of options granted | ​ | $13.6-$38.8 | ​ | $10.35-$14.97 | ​
Schedule of stock based compensation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, | ​ | Six months ended June 30 | ​
​ |  | 2025 |  | 2024 |  | 2025 |  | 2024 | ​
Cost of Revenues | ​ | $ | 75 | ​ | $ | 10 | ​ | $ | 138 | ​ | $ | 14 | ​
Engineering and Product Development | ​ | ​ | 91 | ​ | ​ | 9 | ​ | ​ | 160 | ​ | ​ | 13 | ​
Sales and Marketing | ​ |  | 413 | ​ | ​ | 30 | ​ | ​ | 747 | ​ | ​ | 34 | ​
General and Administrative | ​ |  | 1,316 | ​ | ​ | 219 | ​ | ​ | 2,333 | ​ | ​ | 234 | ​
Total | ​ | $ | 1,895 | ​ | $ | 268 | ​ | $ | 3,378 | ​ | $ | 295 | ​
​

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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