Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.25.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
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, 2024 1,707,450  $ 7.34  3.64 $ 12 
Exercised —  $ — 
Cancelled/forfeited (55,451) $ 6.34 
Balance – March 31, 2025 1,651,999  $ 7.38  3.47 $ 10 
Options vested and exercisable – March 31, 2025 1,448,272  $ 5.76  3.14 $ 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 three months ended March 31, 2025:
Number of Shares Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2024 4,657,655  $ 2.62 
Granted 2,440,808  $ 1.61 
Vested (780,026) $ 3.44 
Forfeited (555,648) $ 3.85 
Balance – March 31, 2025 5,762,789  $ 1.96