Quarterly report [Sections 13 or 15(d)]

Stockholders' Equity (Tables)

v3.26.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2026
Stockholders' Equity  
Schedule of Stock-Based Compensation Expense

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Three Months Ended March 31, 

($ in thousands)

  ​ ​ ​

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2026

  ​ ​ ​

2025

Fortress:

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Employee and non-employee awards

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$

543

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$

2,607

Executive awards

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133

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180

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Partner Companies:

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Avenue

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61

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185

Checkpoint

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—

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1,956

Mustang

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22

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38

Journey

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989

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1,323

Other

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8

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—

Total stock-based compensation expense

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$

1,756

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$

6,289

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Three Months Ended March 31, 

($ in thousands)

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2026

  ​ ​ ​

2025

Research and development

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$

23

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$

1,342

Selling, general and administrative

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1,733

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4,946

Total stock-based compensation expense

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$

1,756

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$

6,289

Schedule of Restricted Stock Awards and Restricted Stock Units

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Weighted

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average grant

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Number of shares

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price

Unvested balance at December 31, 2025

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3,841,748

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$

3.62

Restricted stock granted

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1,087,458

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3.22

Restricted stock vested

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(37,037)

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17.55

Restricted stock units vested

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(129,409)

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22.45

Unvested balance at March 31, 2026

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4,762,760

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$

2.91

Schedule of Warrant activities

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Total weighted

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Weighted average

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average

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remaining

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Number of

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Weighted average

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 intrinsic

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contractual life

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shares

  ​ ​ ​

exercise price

  ​ ​ ​

value

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(years)

Outstanding as of December 31, 2025

 

13,431,502

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$

2.21

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$

—

 

3.55

Exercised

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(694,296)

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1.74

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—

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—

Outstanding as of March 31, 2026

 

12,737,206

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$

2.24

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$

9,227,711

 

3.30