Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes in Stockholders' Equity

v3.26.3
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Common Stock Class A
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Common Stock Class A
Total
Balance at beginning at Dec. 31, 2024 $ 1 $ 1 $ 107,094 $ (87,027)   $ 20,069
Balance at beginning (in shares) at Dec. 31, 2024 6,000,000 16,153,610        
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY            
Share-based compensation     4,513     4,513
Exercise of stock options for cash, net of shares withheld   $ 1 343     344
Exercise of stock options for cash, net of shares withheld (in shares)   1,404,920        
Issuance of common stock for vested restricted stock units (in shares)   927,446        
Issuance of common stock under ESPP     217     217
Issuance of common stock under ESPP (in shares)   54,572        
Issuance of common stock, ATM offering, net of issuance costs     10,939     10,939
Issuance of common stock, ATM offering, net of issuance costs (in shares)   1,832,107        
Net loss       (10,184)   (10,184)
Balance at ending at Sep. 30, 2025 $ 1 $ 2 123,106 (97,211)   25,898
Balance at ending (in shares) at Sep. 30, 2025 6,000,000 20,372,655        
Balance at beginning at Jun. 30, 2025 $ 1 $ 1 114,140 (94,896)   19,246
Balance at beginning (in shares) at Jun. 30, 2025 6,000,000 17,471,835        
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY            
Share-based compensation     1,854     1,854
Exercise of stock options for cash, net of shares withheld   $ 1 103     104
Exercise of stock options for cash, net of shares withheld (in shares)   1,271,217        
Issuance of common stock for vested restricted stock units (in shares)   603,287        
Issuance of common stock under ESPP     118     118
Issuance of common stock under ESPP (in shares)   28,931        
Issuance of common stock, ATM offering, net of issuance costs     6,891     6,891
Issuance of common stock, ATM offering, net of issuance costs (in shares)   997,385        
Net loss       (2,315)   (2,315)
Balance at ending at Sep. 30, 2025 $ 1 $ 2 123,106 (97,211)   25,898
Balance at ending (in shares) at Sep. 30, 2025 6,000,000 20,372,655        
Balance at beginning at Dec. 31, 2025 $ 1 $ 2 130,307 (98,458)   31,852
Balance at beginning (in shares) at Dec. 31, 2025 6,000,000 21,144,655     6,000,000  
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY            
Share-based compensation     3,759     3,759
Exercise of stock options for cash     275     275
Exercise of stock options for cash (In shares)   102,964        
Issuance of common stock for vested restricted stock units (in shares)   939,838        
Issuance of common stock under ESPP     220     220
Issuance of common stock under ESPP (in shares)   38,188        
Net loss       (3,857)   (3,857)
Balance at ending at Sep. 30, 2026 $ 1 $ 2 134,561 (102,315)   32,249
Balance at ending (in shares) at Sep. 30, 2026 6,000,000 22,225,645     6,000,000  
Balance at beginning at Jun. 30, 2026 $ 1 $ 2 133,111 (101,000)   32,114
Balance at beginning (in shares) at Jun. 30, 2026 6,000,000 21,657,055        
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY            
Share-based compensation     1,333     1,333
Exercise of stock options for cash     45     45
Exercise of stock options for cash (In shares)   9,820        
Issuance of common stock for vested restricted stock units (in shares)   545,456        
Issuance of common stock under ESPP     72     72
Issuance of common stock under ESPP (in shares)   13,314        
Net loss       (1,315)   (1,315)
Balance at ending at Sep. 30, 2026 $ 1 $ 2 $ 134,561 $ (102,315)   $ 32,249
Balance at ending (in shares) at Sep. 30, 2026 6,000,000 22,225,645     6,000,000