Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation

Compensation costs that have been included in our condensed consolidated statements of operations for all stock-based compensation arrangements are set forth below:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

(in thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Cost of revenue

 

 

16

 

 

 

15

 

 

$

33

 

 

$

30

 

Sales and marketing

 

 

3

 

 

 

9

 

 

 

12

 

 

 

17

 

General and administrative

 

 

500

 

 

 

89

 

 

 

578

 

 

 

156

 

Research and development

 

 

5

 

 

 

5

 

 

 

13

 

 

 

1

 

Total stock-based compensation

 

$

524

 

 

$

118

 

 

$

636

 

 

$

204

 

Schedule of Restricted Stock Unit Activity

A summary of our restricted stock unit activity related to our various equity incentive plans for the six months ended June 30, 2026 is set forth below:

 

 

 

Shares

 

 

Weighted
Average Grant
Date Fair Value

 

Outstanding as of December 31, 2025

 

 

17,732

 

 

$

21.17

 

Granted

 

 

686,759

 

 

 

1.10

 

Released

 

 

(260,862

)

 

 

2.28

 

Forfeited

 

 

(1,142

)

 

 

4.47

 

Outstanding as of June 30, 2026

 

 

442,487

 

 

$

1.21

 

Schedule of Stock Option Activity

A summary of our stock option activity related to our various equity incentive plans for the six months ended June 30, 2026 is set forth below:

 

 

 

Number of
Shares

 

 

Weighted
Average
Exercise
Price

 

 

Weighted
Average
Remaining
Contractual
Term (years)

 

Aggregate
Intrinsic
Value

 

Outstanding as of December 31, 2025

 

 

1,883

 

 

$

98.39

 

 

 

 

$

-

 

Granted

 

 

105,820

 

 

 

5.00

 

 

 

 

 

 

Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

Forfeited

 

 

-

 

 

 

-

 

 

 

 

 

 

Outstanding as of June 30, 2026

 

 

107,703

 

 

 

6.63

 

 

9.89

 

$

-

 

Exercisable as of June 30, 2026

 

 

1,883

 

 

$

98.39

 

 

4.06

 

$

-