Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS??? EQUITY AND STOCK-BASED COMPENSATION (Tables)

v3.25.1
STOCKHOLDERS’ EQUITY AND STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Option Activity
A summary of stock option activity during the three months ended March 31, 2025 is below:
Shares Weighted average exercise price
Outstanding at January 1, 2025 34,271,921 $ 0.79 
Expired (2,021,000) $ 0.56 
Outstanding at March 31, 2025 32,250,921 $ 0.80 
Schedule of Activity Related to RSUs
A summary of RSU activity for the three months ended March 31, 2025 was as follows:
RSUs Weighted average grant date fair value
Outstanding at January 1, 2025 7,706,125 $ 0.27 
Granted 4,783,954 $ 0.12 
Vested (1,525,265) $ 0.22 
Forfeited (401,187) $ 0.21 
Outstanding at March 31, 2025 10,563,627 $ 0.21