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

Loss Per Share - Schedule of Loss Per Share Computation (Details)

v3.26.1
Loss Per Share - Schedule of Loss Per Share Computation (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Numerator:    
Net loss $ (40,828,402) $ (134,906,649)
Preferred Stock Dividends, Income Statement Impact (1,006,000) 0
Deemed dividends for Series A and B Convertible Preferred Stock (27,987,356) 0
Net loss attributable to Common Stockholders (69,821,758) (134,906,649)
Net loss attributable to Common Stockholders $ (69,821,758) $ (134,906,649)
Denominator:    
Weighted average shares used to compute basic EPS (in shares) [1] 6,681,851 408,133
Weighted average shares used to compute diluted EPS (in shares) [1] 6,681,851 408,133
Basic loss per share (in dollars per share) $ (10.45) $ (330.55)
Diluted loss per share (in dollars per share) $ (10.45) $ (330.55)
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 21,808,163 4,237,301
Stock options    
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 1,291 2,160
Restricted and performance stock units    
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 58,938 35,229
Warrants    
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 60,602 60,602
Earnout shares    
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 23,149 23,149
SeaTrepid earnout shares    
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 671,544 0
Convertible debt    
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 877,567 318,437
Series A, B and C Convertible Preferred Stock    
Anti-dilutive securities excluded from shares outstanding:    
Total anti-dilutive securities excluded from shares outstanding (in shares) 20,115,072 3,797,724
[1]
* Reflects the 1-for-36 reverse split effected July 22, 2024 and the 1-for-9 effected September 5, 2025.