v3.25.2
SHARE BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Expense and Capitalized, Amount
The following table summarizes the stock-based compensation expense recognized for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Cost of goods sold$71 $249 $107 $249 
Research and development(364)6,438 3,474 13,808 
Selling, general and administrative(620)6,404 2,478 12,582 
Total stock-based compensation expense$(913)$13,091 $6,059 $26,639 
Schedule of Stock Option Outstanding
A summary of stock options outstanding, excluding LTIP Options as of June 30, 2025, and activity during the three and six months then ended, is presented below:
Stock OptionsShares
(In thousands)		Weighted-
Average
Exercise
Price		Weighted-Average
Remaining
Contractual Term
(In years)
Outstanding at December 31, 20241,499 $0.74 4.7
Exercised(236)0.55 — 
Outstanding at March 31, 20251,263 $0.77 4.1
Exercised(1,155)0.77 — 
Outstanding at June 30, 2025108 $0.74 4.1 
Vested and Exercisable at June 30, 2025108 $0.74 4.1 
Schedule of Stock Options, Valuation Assumptions The valuation model utilized the following assumptions:
Risk-free interest rates1.47 %
Expected volatility rates67.33 %
Expected dividend yield— 
Cost of equity (for derived service period)11.77 %
Weighted-average grant date fair value of options$9.14
Risk-free interest rates2.82 %
Expected volatility rates68.48 %
Expected dividend yield— 
Cost of equity (for derived service period)14.64 %
Weighted-average grant date fair value of options$2.89
Schedule of Restricted Stock Units Outstanding A summary of RSUs outstanding as of June 30, 2025, and activity during the six months then ended, is presented below:
Restricted Stock Unit AwardsShares
(In thousands)		Weighted-Average Grant Date Fair Value Per Share
Outstanding at December 31, 20249,552 $6.63 
   Granted1,634 2.67 
   Vested(2,990)5.36 
   Forfeited(859)6.73 
Outstanding at March 31, 20257,337 $6.25 
   Granted3,438 4.25 
   Vested(402)5.75 
   Forfeited(830)6.78 
Outstanding at June 30, 20259,543 $5.51