v3.25.4

Stockholders’ (Deficit) Equity (Tables) | 12 Months Ended
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Dec. 31, 2024
Stockholders’ (Deficit) Equity [Abstract] |
Schedule of Activities for the Company’s RSUs | A summary of the activities for the Company’s RSUs as of December 31, 2024 and 2023 is as follow:
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
|  | Number of RSUs |  |  | Weighted Average Grant Price |  |  | Number of RSUs |  |  | Weighted Average Grant Price |
Outstanding, beginning of year |  |  | 634,072 |  |  | $ | 5.09 |  |  |  | 2,420,625 |  |  | $ | 5.09 |
Granted |  |  | — |  |  | $ | — |  |  |  | (167,770 | ) |  | $ | — |
Vested |  |  | (95,525 | ) |  | $ | 5.09 |  |  |  | (1,618,783 | ) |  | $ | 5.09
Forfeited |  |  | (149,864 | ) |  | $ | 5.09 |  |  |  | — |  |  | $ | — |
Outstanding, end of year |  |  | 388,683 |  |  | $ | 5.09 |  |  |  | 634,072 |  |  | $ | 5.09 |
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
|  | Number of RSUs |  |  | Weighted Average Grant Price |  |  | Number of RSUs |  |  | Weighted Average Grant Price |
Outstanding, beginning of year |  |  | — |  |  | $ | — |  |  |  | — |  |  | $ | — |
Granted |  |  | 17,004,025 |  |  | $ | 5.60 |  |  |  | — |  |  | $ | — |
Outstanding, end of year |  |  | 17,004,025 |  |  | $ | 5.60 |  |  |  | — |  |  | $ | — |
Schedule of Incentive Plan | A summary of the activities for the Incentive Plan as of December 31, 2024 and 2023 is as follow:
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
|  | Number of Shares |  |  | Weighted Average Grant Price |  |  | Number of Shares |  |  | Weighted Average Grant Price |
Outstanding, beginning of year |  |  | — |  |  | $ | — |  |  |  | — |  |  | $ | — |
Granted |  |  | 16,266,600 |  |  | $ | 3.68 |  |  |  | — |  |  | $ | — |
Vested |  |  | (11,828,788 | ) |  | $ | 3.68 |  |  |  | — |  |  | $ | — |
Outstanding, end of year |  |  | 4,437,812 |  |  | $ | 3.68 |  |  |  | — |  |  | $ | — |

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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