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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Stock-Based Compensation  
Summary of stock-based compensation expense

The following table summarizes stock-based compensation expense, which is included in operating or general and administrative expense, as appropriate, in the Consolidated Statements of Operations and Comprehensive Loss for the years ended December 31, 2024 and 2023 (in thousands):

Year Ended December 31, 

2024

2023

Restricted stock unit awards

$

348

$

Common stock awards

125

Total compensation expense

$

473

$

Summary of the Company's nonvested restricted stock unit awards activity

Number of Restricted Stock Unit Awards

Weighted Average Grant Date Fair Value

Nonvested as of December 31, 2023

$

Granted

 

230,550

$

1.94

Vested

 

(133,850)

$

1.94

Cash Settlement

Forfeited

(4,200)

$

1.94

Nonvested as of December 31, 2024

92,500

$

1.94