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Stock-based Compensation (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]    
Schedule of Equity Incentive Plan The following table provides additional information about the shares outstanding under the 2023 Equity Incentive Plan:

 

June 30, 2025

 

 

Number of Shares

 

 

Average Exercise Price

 

 

Average Remaining Contractual Period in Years

 

 

Aggregate Intrinsic Value

 

Balance at December 31, 2024

 

 

4,800,000

 

 

$

2.78

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited and expired

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2025

 

 

4,800,000

 

 

$

2.78

 

 

 

9.25

 

 

$

(3,984

)

The following table provides additional information about the shares granted during 2024:

 

 

 

 

Number of

shares

 

 

 

Average exercise

price

 

 

 

Average remaining

contractual period

in years

 

 

 

Aggregate

intrinsic value

 

Balance at December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

4,800,000

 

 

$

2.78

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited and expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2024

 

 

4,800,000

 

 

$

2.78

 

 

 

9.75

 

 

$

1,776