v3.25.1
Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Compensation  
Schedule of share-based compensation expense included in the consolidated statements of operations

Three Months Ended March 31, 

(In thousands)

    

2025

    

2024

Research and development

$

1,070

$

1,465

Selling, general and administrative

 

3,807

 

3,764

Total share-based compensation expense

$

4,877

$

5,229

Summary of option activity under the 2013 EIP

Weighted-Average

Weighted-Average

    

Number of Shares 

Remaining

Exercise Price of

Subject to

Contractual

Outstanding Options

Outstanding Options

Term (Years)

(in dollars)

Outstanding at December 31, 2024

1,896,908

$

15.53

Granted

Exercised

Forfeited

Outstanding at March 31, 2025

1,896,908

5.77

15.53

Vested and expected to vest at March 31, 2025

5.77

Exercisable at March 31, 2025

5.58

Schedule of RSU activity

The following table summarizes total RSU activity (including market-based and performance-contingent RSUs) for the three months ended March 31, 2025:

    

Number of Shares

    

Subject to

Outstanding RSUs

Outstanding at December 31, 2024

3,955,487

 

Granted

1,311,088

Released

(619,026)

Forfeited

(163,160)

Outstanding at March 31, 2025

4,484,389