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STOCK-BASED COMPENSATION (Tables) | 3 Months Ended
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Mar. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-Based Compensation Expense | Total stock-based compensation expense recognized in the Company’s condensed consolidated statements of operations is classified as follows:
|  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Cost of revenue |  | $ | 105,734 |  |  | $ | 125,632 |
Research and development |  |  | 93,425 |  |  |  | 139,050 |
Selling and marketing |  |  | 196,488 |  |  |  | 80,925 |
General and administrative |  |  | 101,517 |  |  |  | 268,508 |
Total stock-based compensation expense |  | $ | 497,164 |  |  | $ | 614,115 |
Schedule of Restricted Stock Units | The following table shows a summary of the Company's RSUs outstanding as of March 31, 2025 and December 31, 2024 as well as activity the year then ended:
|  | RSUs |
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |
Unvested at December 31, 2024 |  |  | 4,562 |  |  | $ | 223.07 |
RSUs vested (1) |  |  | (1,040 | ) |  | $ | 208.51 |
RSUs forfeited |  |  | (275 | ) |  | $ | 36.42 |
Unvested at March 31, 2025 |  |  | 3,247 |  |  | $ | 243.54 |
(1) Common stock underlying such vested RSUs was not yet formally issued by the Company.
Summary of Stock Options Activity | A summary of stock option activity is as follows:
|  | Number of Stock Options Outstanding |  |  | Weighted-Average Exercise Price |  |  | Weighted-Average Remaining Contractual Life (Years) |  |  | Aggregate Intrinsic Value |
Options outstanding at December 31, 2024 |  |  | 218,430 |  |  | $ | 40.80 |  |  |  | 7.1 |  |  | $ | 7,375.15 |
Options cancelled or forfeited |  |  | (31,492 | ) |  | $ | 10.14 |  |  |  |  |  |  |
Options outstanding at March 31, 2025 |  |  | 186,938 |  |  | $ | 45.96 |  |  |  | 4.0 |  |  | $ | — |
Options exercisable at March 31, 2025 |  |  | 122,446 |  |  | $ | 58.39 |  |  |  | 2.4 |  |  | $ | — |
Options vested and expected to vest at March 31, 2025 |  |  | 186,938 |  |  | $ | 45.96 |  |  |  | 4.0 |  |  | $ | — |
Summary of Assumptions Utilized for Option Grants | A summary of the weighted-average assumptions the Company utilized for option grants during the three months ended March 31, 2025 and 2024, respectively, are as follows:
|  | Three Months Ended March 31, |
|  | 2025 |  | 2024 |
Expected term (in years) |  | N/A |  |  | 4.0 |
Expected volatility |  | N/A |  | 47.8% |
Risk-free interest rate |  | N/A |  | 4.0% |
Expected dividend yield |  | N/A |  | 0.0% |

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