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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2025
Employee Stock Option  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following table summarizes our stock option activity for the six months ended June 30, 2025:

 

 

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Life (in Years)

 

 

Aggregate Intrinsic Value

 

OUTSTANDING, December 31, 2024

 

 

4,963,626

 

 

$

3.50

 

 

 

6.46

 

 

$

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

OUTSTANDING, June 30, 2025

 

 

4,963,626

 

 

$

3.50

 

 

 

5.48

 

 

$

 

UNVESTED, June 30, 2025

 

 

1,656,666

 

 

$

3.02

 

 

 

8.63

 

 

$

 

EXERCISABLE, June 30, 2025

 

 

3,306,960

 

 

$

2.93

 

 

 

3.90

 

 

$

 

Restricted Stock Units  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following table summarizes our stock option activity for the six months ended June 30, 2025:

 

 

Shares

 

 

Weighted Average Exercise Price

 

UNVESTED, December 31, 2024

 

 

68,560

 

 

$

3.23

 

Granted

 

 

1,052,451

 

 

 

3.16

 

Vested

 

 

(68,560

)

 

 

3.23

 

Forfeited

 

 

 

 

 

 

UNVESTED, June 30, 2025

 

 

1,052,451

 

 

$

3.16