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Equity
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Equity

14. Equity

 

On August 29, 2025, the stockholders of the Company approved the 2025 Equity Incentive Plan (the “2025 Plan”), which provides that up to 7,000,000 shares of common stock, par value $0.001 per share, may be issued pursuant to grants of equity-based awards under the 2025 Plan. During the year ended December 31, 2025, the Company issued an aggregate of 6,950,000 shares of common stock to nine employees under the 2025 Plan for a fair value of $14,429,500. The fair value is determined based on the stock price on the grant date.

 

As of March 31, 2026, the number of common shares issued and outstanding was 14,232,714.