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Common Stock
3 Months Ended
Mar. 31, 2025
Stockholders' Equity Note [Abstract]  
Common Stock
Note 12. Common Stock
Common Stock
As of March 31, 2025 and December 31, 2024, there were 600,000,000 and 136,562,809 shares of common stock authorized, respectively, and 98,818,874 and 48,376,052 shares issued and outstanding, respectively.
Holders of common stock are entitled to receive dividends whenever funds are legally available and when declared by the Board of Directors, subject to the priority rights of holders of all series of Preferred Stock outstanding. Holders of common stock are entitled to one vote for each share of common stock held at all meetings of stockholders.
 
 
Common stock reserved for issuance is as follow:
 
    
As of March 31,
    
As of December 31,
 
    
2025
    
2024
 
Public warrants
     28,750,000        —   
Private warrants
     898,250        —   
Common stock warrants
     50,000     
Earnout shares
     2,854,242        —   
Incentive stock options and restricted stock units
     29,192,959        31,991,752  
Equity awards available for future issuance
     23,942        1,736,686  
  
 
 
    
 
 
 
Total common stock reserved for issuance
     61,769,393        33,728,438  
  
 
 
    
 
 
 
For periods prior to the Merger, the reported share and per share amounts have been retroactively converted by applying the exchange ratio.