v3.25.4
Stockholders’ (Deficit) Equity (Tables)
12 Months Ended
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    
   $