Annual report [Section 13 and 15(d), not S-K Item 405]

STOCK-BASED COMPENSATION (Tables)

v3.25.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
A summary of the stock option activity and related information for the Plans for the year ended December 31, 2024 is as follows:

A summary of the stock option activity and related information for the Plans for the year ended December 31, 2024 is as follows:

 

    Shares     Weighted-
Average
Exercise Price
    Weighted-Average Remaining  Contractual Term     Aggregate Intrinsic Value  
Outstanding at December 31, 2022     435     $ 1,069,056       8.70     $  
Grants     374     $ 14,763              
Exercised                            
Forfeitures or expirations     (35     358,117                  
Outstanding at December 31, 2023     774     $ 276,359,750       8.75     $  
Grants     3,461     $ 1,042           $  
Exercised                            
Forfeitures or expirations     (370 )   $ 288,965,154                  
                                 
Outstanding at December 31, 2024     3,865     $ 27,540,609       8.74     $  
Exercisable at December 31, 2024     936     $ 101,743,715       7.27     $  
The assumptions used in the valuation of stock options granted during the years ended December 31, 2024 and 2023 were as follows:

The assumptions used in the valuation of stock options granted during the years ended December 31, 2024 and 2023 were as follows:

 

    Year Ended
December 31, 2024
    Year Ended
December 31, 2023
 
Risk-free interest rate     3.58% to 5.33 %     3.42% to 4.35 %
Expected term of option     5.25 to 10 years       5.0 to 10 years  
Expected stock price volatility     111.89% - 140.42 %     122.19% - 142.72 %
Expected dividend yield     0.0       0.0