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

SHARE-BASED COMPENSATION - Option pricing (Details)

v3.25.4
SHARE-BASED COMPENSATION - Option pricing (Details) - $ / shares
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
SHARE-BASED COMPENSATION    
Expected term 5 years 6 years 8 months 12 days
Volatility 102.00% 103.00%
Risk-free interest rate 4.25% 4.28%
Weighted average grant date fair value $ 12.33 $ 51.8