Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.24.3
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Option, Activity
Stock option activity under the Company’s incentive plan is as follows (in thousands, except share and per share amounts):
Options Outstanding
Number of Options Weighted–Average Exercise Price Weighted-Average Remaining Contractual Life (years) Aggregate Intrinsic Value
Balance – December 31, 2023 1,894,303  $ 7.82  4.23 $ 32 
Exercised (6,762) $ 1.02 
Cancelled/forfeited (177,201) $ 12.47 
Balance – September 30, 2024 1,710,340  $ 7.37  3.81 $ 10 
Options vested and exercisable – September 30, 2024 1,504,731  $ 5.79  3.45 $ 10 
Schedule of Performance-based Restricted Stock Units Activity
The following table summarizes the activity for all RSUs under all of the Company’s equity incentive plans for the nine months ended September 30, 2024:
Number of shares Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2023 4,712,855  $ 4.16 
Granted 2,725,911  $ 1.63 
Vested (1,957,885) $ 4.01 
Forfeited (818,065) $ 2.86 
Balance – September 30, 2024 4,662,816  $ 2.97