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Stock Incentive Plan (Tables) | 9 Months Ended
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Sep. 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 | ​ | 695,767 | ​ | $ | 50.86 | ​ | 6.38 | ​ | ​ | —
Options forfeited/cancelled | ​ | (29,423) | ​ | ​ | — | ​ | — | ​ | ​ | —
Options exercised |  | (138,387) | ​ | $ | 5.32 | ​ | — | ​ | ​ | —
Balance, September 30, 2025 |  | 1,219,407 | ​ | $ | 32.34 | ​ | 4.90 | ​ | $ | 11,160
Exercisable as of September 30, 2025 |  | 554,270 | ​ | $ | 15.19 | ​ | 2.49 | ​ | $ | 10,521
Schedule of assumptions used to determine the fair value of stock options | ​
​ | ​ | ​ | ​ | ​ | ​
| ​ | September 30, | ​ | September 30, | ​
​ |  | 2025 |  | 2024 | ​
Expected term (in years) | ​ | 1.1-6.1 | ​ | 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 | ​ | $13.55-$38.85 | ​ | $10.35-$14.97 | ​
Schedule of stock based compensation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, | ​ | Nine months ended September 30, | ​
​ |  | 2025 |  | 2024 |  | 2025 |  | 2024 | ​
Cost of Revenues | ​ | $ | 82 | ​ | $ | 14 | ​ | $ | 220 | ​ | $ | 28 | ​
Engineering and Product Development | ​ | ​ | (16) | ​ | ​ | 15 | ​ | ​ | 144 | ​ | ​ | 27 | ​
Sales and Marketing | ​ |  | 437 | ​ | ​ | 47 | ​ | ​ | 1,184 | ​ | ​ | 81 | ​
General and Administrative | ​ |  | 1,513 | ​ | ​ | 128 | ​ | ​ | 3,845 | ​ | ​ | 362 | ​
Total | ​ | $ | 2,016 | ​ | $ | 204 | ​ | $ | 5,393 | ​ | $ | 498 | ​
​

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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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