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Common Stock Warrants: | 3 Months Ended
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Mar. 31, 2026
Common Stock Warrants: |
Common Stock Warrants: | Note 8 – Common Stock Warrants: The table below presents a reconciliation of the Company’s outstanding and exercisable warrants for the three months ended March 31, 2026: ​
​ | ​ | ​
​ | ​ ​ ​ | Number
​ | ​ | of shares
Warrants outstanding and exercisable January 1, 2026 | ​ | 3,301,622
Warrants issued | ​ | —
Warrants exercised |  | (94,145)
Warrants expired |  | —
Warrants outstanding March 31, 2026 | ​ | 3,207,477
Warrants exercisable March 31, 2026 |  | 2,807,477
​ As of March 31, 2026, the weighted average exercise price and the weighted average remaining life of the total warrants were $11.82 per warrant and 4.25 years, respectively. The intrinsic value of the warrants as of March 31, 2026 was approximately $1.8 million. The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the closing price of the Common Stock, which was $5.69 per share on March 31, 2026.

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