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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
Stock option activity during the year ended December 31, 2024 consisted of the following:

OptionsWeighted Average Fair ValueWeighted Average Exercise PriceWeighted Average Remaining YearsIntrinsic Value
December 31, 2023 — Options outstanding
22,512 $0.40 $0.51 0.55$168,194 
Granted— — — 
Exercised(20,843)0.39 0.50 141,766 
Forfeited— — — — 
December 31, 2024 — Options outstanding
1,669 $0.54 $0.60 4.80$4,404 
December 31, 2024 — Options vested and exercisable
1,669 $0.54 $0.60 4.80$4,404 
Schedule of Restricted Stock Units (RSUs) Activity
RSU activity during the year ended December 31, 2024 consisted of the following:
RSUsWeighted Average Grant Date Fair Value
Aggregate Fair Value
December 31, 2023 — RSU outstanding
603,040$18.97 $4,819,138 
Granted1,587,213 6.64 8,936,180 
Vested(471,948)15.77 3,526,706 
Forfeited(187,824)10.64 1,004,728 
December 31, 2024 — RSU outstanding
1,530,481 $8.14 $4,961,551 
Schedule of Recognized Stock-Based Compensation Expense
The Company recognized stock-based compensation expense (including Earn-out RSUs) in the consolidated statements of operations and comprehensive loss for the years ended December 31, 2024 and 2023 totaling approximately $7.7 million and $7.9 million, respectively, which consisted of the following (in thousands):

December 31, 2024December 31, 2023
Cost of goods sold
$354 $396 
Research and development
1,435 1,824 
Sales and marketing
738 966 
General and administrative
5,183 4,720 
Total
$7,710 $7,906