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Share-based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Compensation Expense

For the years ended December 31, 2025 and 2024, the following table presents total share-based compensation expense in each functional line item on the consolidated statements of operations (in thousands):

			Year Ended December 31,
			2025						2024
Cost of revenues			$	375					$	126
Research and development			1,023						691
Sales and marketing			824						430
General and administrative			5,219						2,577
Income from discontinued operations, net of tax			—						115
Total			$	7,441					$	3,939

Schedule of Share-based Compensation Stock Option Fair Value Assumptions

The following table presents the weighted-average assumptions used in the Black-Scholes valuation model by the Company in calculating the fair value of each stock option granted:

			Year Ended December 31,
			2025						2024
Expected dividend yield			—		%				—		%
Risk-free interest rate			3.9		%				4.2		%
Volatility			94.8		%				95.1		%
Expected term (in years)			4.8						4.0

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 Stock Option Activity

The following table summarizes the Company’s stock option activity for the years ended December 31, 2025 and 2024 (dollars in thousands, except per share data):

			Stock Options Outstanding						Weighted-Average Exercise Price Per Option						Weighted-Average Remaining Contractual Term (in years)						Aggregate Intrinsic Value
Outstanding — December 31, 2023			545,872						$	44.16
Granted			44,250						8.40
Exercised			(1,475)						15.53
Canceled			(318,796)						54.28
Outstanding — December 31, 2024			269,851						$	26.49
Granted			1,350,300						15.19
Exercised			(10,440)						6.48
Canceled			(92,672)						24.32
Outstanding — December 31, 2025			1,517,039						$	16.70					8.70						$	1,420
Vested and Expected to Vest — December 31, 2025			1,303,162						$	17.07					8.61						$	1,220
Exercisable — December 31, 2025			147,729						$	32.81					4.46						$	273

Schedule of Restricted Stock Unit Activity

A summary of restricted stock unit activity under all plans for the years ended December 31, 2025 and 2024 is presented below:

			Number of Shares						Weighted-Average Grant-Date Fair Value
Non-vested — December 31, 2023			203,008						19.84
Granted			1,106,862						9.34
Vested			(164,288)						13.42
Forfeited			(33,741)						31.68
Non-vested — December 31, 2024			1,111,841						10.00
Granted			1,251,978						12.69
Vested			(390,926)						10.90
Forfeited			(126,737)						8.50
Non-vested — December 31, 2025			1,846,156						11.65

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Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.

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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.

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