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Equity Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2025
Equity Securities, Restricted [Abstract]  
Schedule of RSU Activity

RSU activity for the six months ended June 30, 2025, was as follows:

 

 

Number of
RSUs

 

Outstanding (unvested) at December 31, 2024

 

 

806,001

 

RSU granted

 

 

331,243

 

RSUs vested

 

 

(352,927

)

RSU expired/forfeited

 

 

(79,500

)

Outstanding (unvested) at June 30, 2025

 

 

704,817

 

Schedule of Issued and Outstanding Options

For the six months ended June 30, 2025:

 

 

Number of
Stock Options

 

Stock options vested (based on ratable vesting)

 

 

47,672

 

Stock options unvested

 

 

327,946

 

Total stock options outstanding at June 30, 2025

 

 

375,618

 

 

For the year ended December 31, 2024:

 

 

Number of
Stock Options

 

Stock options vested (based on ratable vesting)

 

 

31,713

 

Stock options unvested

 

 

89,473

 

Total stock options outstanding at December 31, 2024

 

 

121,186

 

Schedule of Stock Option Activity

Stock option activity for the six months ended June 30, 2025, was as follows:

 

 

Number of
Stock Options

 

 

Weighted
Average
Exercise Price

 

Outstanding at December 31, 2024

 

 

121,186

 

 

$

15.09

 

Options granted

 

 

256,132

 

 

 

1.45

 

Options exercised

 

 

 

 

 

 

Options expired/forfeited

 

 

(1,700

)

 

 

17.65

 

Outstanding at June 30, 2025

 

 

375,618

 

 

$

5.77