Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.25.2
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of 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 
Cancelled/forfeited (57,823) $ 7.06 
Balance – June 30, 2025 1,649,627  $ 7.35  3.22 $ 2 
Options vested and exercisable – June 30, 2025 1,446,194  $ 5.74  2.88 $ 2 
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 six months ended June 30, 2025:
Number of Shares Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2024 4,657,655  $ 2.62 
Granted 2,769,300  $ 1.52 
Vested (1,598,724) $ 2.88 
Forfeited (889,566) $ 3.03 
Balance – June 30, 2025 4,938,665  $ 1.85