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Share-based Compensation (Tables)

6 Months Ended

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation

The following table presents total share-based compensation expense within each functional line item on the condensed consolidated statements of operations for the three and six months ended June 30, 2025 and 2024 (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Cost of revenues			$	55					$	27					$	107					$	52
Research and development			266						81						534						241
Sales and marketing			143						46						289						211
General and administrative			1,190						680						2,325						1,017
Income from discontinued operations, net of tax			—						35						—						65
Total			$	1,654					$	869					$	3,255					$	1,586

Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity for the six months ended June 30, 2025:

Outstanding — December 31, 2024			269,851
Granted			1,066,300
Exercised			(4,636)
Canceled			(48,683)
Outstanding — June 30, 2025			1,282,832
Exercisable — June 30, 2025			140,174

Schedule of Stock Options, Valuation Assumptions

The following table details the key assumptions utilized in the Monte Carlo simulation model used to calculate the grant-date fair value of the awards:

			January 6, 2025
Valuation date stock price			$	11.23
Simulation term (years)			10
Risk-free interest rate			4.57		%
Volatility			84.00		%
Expected dividend yield			—		%

The following table details the key assumptions utilized in the Monte Carlo simulation model used to calculate the grant-date fair value of the Market-based CEO RSUs:

			January 6, 2025
Valuation date stock price			$	11.23
Simulation term (years)			3
Risk-free interest rate			4.25		%
Volatility			105.63		%
Expected dividend yield			—		%
Correlation coefficient			0.3741

Schedule of Restricted Stock Unit Activity

The following table summarizes the Company’s RSU activity for the six months ended June 30, 2025:

Non-vested — December 31, 2024			1,111,841
Granted			359,739
Vested			(51,939)
Forfeited			(98,402)
Non-vested — June 30, 2025			1,321,239

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the changes in outstanding nonvested restricted stock units.

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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.

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