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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Equity Awards Granted

The following table summarizes the equity awards granted during the three months ended March 31, 2026 and 2025:

 

 

Three Months Ended
March 31,

 

 

2026

 

 

2025

 

Equity Awards Granted

 

 

 

 

 

 

Restricted stock (shares)

 

 

132,735

 

 

 

22,140

 

Stock options (shares)

 

 

20,000

 

 

 

702,358

 

Average exercise price (options)

 

$

6.33

 

 

$

15.41

 

Restricted stock units (RSUs)

 

 

37,953

 

 

 

 

Schedule of Stock-Based Compensation Expense

The following table summarizes Stock-based compensation expense during the three months ended March 31, 2026 and 2025:

 

 

Three Months Ended
March 31,

 

 

2026

 

 

2025

 

 

 

 

Stock Based Compensation Expense

 

$

750,000

 

 

$

895,000

 

 

Schedule of Share Issued

The following table summarizes shares issued during the three months ended March 31, 2026 and 2025:

 

 

Three Months Ended
March 31,

 

 

2026

 

 

2025

 

Shares Issued

 

 

 

 

 

 

Restricted stock vesting

 

 

116,919

 

 

 

17,921

 

Stock option exercises

 

 

188,112

 

 

 

 

Total shares issued

 

 

305,031

 

 

 

17,921