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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events

10. Subsequent Events

 

On April 15, 2026, the Compensation Committee of the Board of Directors approved the cancellation of certain outstanding stock options previously granted to the Company’s current officers and directors and, in replacement thereof, granted restricted share units (“RSUs”) under the Company’s 2020 Stock Incentive Plan. The Company will recognize an incremental cost if the fair value is increased as a result of the modification.

 

On May 5, 2026, 250,000 common warrants that were included in the prefunded units of the July 2, 2025 offering, were exercised at $1.00 for 250,000 shares of common stock.