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Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Nonvested Restricted Stock Shares Activity

The following table contains summarized information about restricted stock issued during the years ended December 31, 2024 and March 31, 2025:

Restricted Stock			Common Shares			Weighted Average Grant Date Fair Value			Weighted Average Remaining Years to Vest
Nonvested at December 31, 2023			—			$	—		0.0
Granted			125,863			2.54
Vested			(125,863)			2.54
Nonvested at December 31, 2024			—			$	—		0.0
Granted			42,858			2.10
Vested			(42,858)			2.10
Nonvested at March 31, 2025			—			$	—		0.0

Schedule of Nonvested Restricted Stock Units Activity

The following table contains summarized information about restricted stock units during the years ended December 31, 2024, and the three months ended March 31, 2025:

Restricted Stock Units			Common Shares			Weighted Average Grant Date Fair Value			Weighted Average Remaining Years to Vest
Nonvested at December 31, 2023			962,849			$	2.60		2.5
Granted			1,858,023			2.31
Vested			(956,679)			2.54
Forfeited			(305,821)			2.41
Nonvested at December 31, 2024			1,558,372			$	2.33		2.6
Granted			47,280			2.50
Vested			(167,516)			2.21
Forfeited			(188,958)			2.56
Nonvested at March 31, 2025			1,249,178			$	2.32		1.3

Share-based Payment Arrangement, Option, Activity

A summary of option activity under the 2011 Equity Incentive Plan during the year ended December 31, 2024, and the three months ended March 31, 2025, is presented below:

Options Outstanding			Common Shares						Weighted Average Exercise Price						Weighted Average Remaining Life (Years)
Outstanding at December 31, 2023			343,601						$	9.53					5.2
Exercised			(65,154)						1.21
Expired			(244,588)						10.51
Forfeited			(520)						9.24
Outstanding at December 31, 2024			33,339						$	18.60					3.7
Exercised			—						—
Expired			(2,187)						27.00
Forfeited			(5)						15.44
Outstanding at March 31, 2025			31,147						$	18.01					3.8
Exercisable at March 31, 2025			30,736						$	18.10					3.7

Schedule of Nonvested Share Activity

A summary of the nonvested stock option activity under the 2011 Equity Incentive Plan during the years ended December 31, 2024, and March 31, 2025, is presented below:

Nonvested Options			Common Shares						Weighted Average Grant Date Fair Value						Weighted Average Remaining Years to Vest
Nonvested at December 31, 2023			26,373						$	8.83					1.1
Vested			(24,728)						18.60
Forfeited			(520)						9.24
Nonvested at December 31, 2024			1,125						18.60						3.7
Vested			(709)						—
Forfeited			(5)						9.24
Nonvested at March 31, 2025			411						$	18.01					3.8

Share-Based Payment Arrangement, Performance Shares, Outstanding Activity

The following table contains summarized information about inducement grant-related RSUs during the year ended December 31, 2024, and the three months ended March 31, 2025.

Inducement Shares			Time-Based			Performance Based			Total
Grant Outstanding at December 31, 2023			10,000			328,354			338,354
Granted			219,355			—			219,355
Forfeited (1)			(179,355)			(328,354)			(507,709)
Grant Outstanding at December 31, 2024			50,000			—			50,000
Granted			—			—			—
Forfeited			—			—			—
Grant Outstanding at March 31, 2025			50,000			—			50,000

Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award

Total stock-based compensation expense recognized on restricted stock, restricted stock units, stock options, and employee stock purchase plan issuances during the three months ended March 31, 2025 and 2024 was recorded in the Company’s consolidated statements of operations as follows:

												Three Months Ended March 31,
																								2025						2024
Cost of revenue																								62,449						$	51,571
Sales and marketing (1)																								(10,270)						56,488
General and administrative																								232,953						246,130
Total stock-based compensation																								$	285,132					$	354,189

(1) Stock-based compensation expense for the Sales and Marketing department due to the targeted workforce reduction that occurred in January 2025. This is due to the reversal of previously recognized expense for unvested awards that are forfeited upon termination. Because we recognize stock compensation on a straight-line basis over the vesting period—rather than when the shares actually vest—expenses related to unvested awards are recorded in advance of full service being rendered. When employees depart before completing their vesting schedules, any unrecognized expense is reversed.

Schedule of Accumulated Other Comprehensive Income (Loss)

The activity in accumulated other comprehensive income (loss) for the three months ended 2025, and 2024, respectively, was as follows:

			Three Months Ended
			March 31, 2025															March 31, 2024
			Unrealized Gain (Loss) on Securities			Currency Translation Adjustment			Reclassification of foreign currency translation adjustment to income			Total Accumulated Other Comprehensive Income (Loss)						Unrealized Gain (Loss) on Securities			Currency Translation Adjustment			Total Accumulated Other Comprehensive Income
Balance at December 31			$	12,209		$	127,296		$	(34,218)		$	105,287					$	(250,591)		$	—		$	(250,591)
Other comprehensive income (loss)			(13,903)			(109,459)			—			(123,362)						58,177			4,170			62,347
Balance at March 31			$	(1,694)		$	17,837		$	(34,218)		$	(18,075)					$	(192,414)		$	4,170		$	(188,244)

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