Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.25.3
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 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 (89,081) $ 6.16 
Balance – September 30, 2025 1,618,369  $ 7.41  3.03 $ 17 
Options vested and exercisable – September 30, 2025 1,414,936  $ 5.76  2.69 $ 17 
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, 2025:
Number of Shares Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2024 4,657,655  $ 2.62 
Granted 3,427,518  $ 1.52 
Vested (2,176,696) $ 2.81 
Forfeited (1,113,249) $ 2.81 
Balance – September 30, 2025 4,795,228  $ 1.71