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Stockholders' Equity (Deficit) (Tables)

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Schedule of Change to Fair Value of Warrant

The number and exercise price of the warrants issued during the year ended December 31, 2024 are as follows:

Issuance Date						Number of Shares to Purchase with Warrants						Exercise price
June 28, 2024						550,000						$	12.12
July 18, 2024						236,074						$	13.37
August 2, 2024						88,534						$	11.03
October 24, 2024						20,646						$	12.34
November 6, 2024						180,000						$	11.27
November 6, 2024						1,543,363						$	12.12
November 6, 2024						29,687						$	12.34
November 6, 2024						370,000						$	15.77
Total						3,018,304

The following table summarizes warrant activity for the years ended December 31, 2025 and 2024:

			Warrants						Weighted-Average Exercise Price
Outstanding — December 31, 2023			—
Issued during the period			3,018,304						$	12.59
Outstanding — December 31, 2024			3,018,304						$	12.59
Exercised during the period			(88,534)						$	11.03
Outstanding — December 31, 2025			2,929,770						$	12.63

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- References

No definition available.

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- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-3

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