Equity-Based Compensation (Tables) |
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Stock Option Activity | A summary of stock option activity under the 2020 Plan for service and performance based vesting conditions during the six months ended June 30, 2025 is as follows (in thousands except share and per share data):
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Summary of Equity-Based Compensation Expense | Total equity-based compensation expense recorded as research and development and general and administrative expenses for employees, directors, and non-employees during the three and six months ended June 30, 2025 and 2024 is as follows (in thousands):
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Summary of Weighted-Average Assumptions | The weighted-average assumptions that the Company used in the Black-Scholes option pricing model to determine the grant date fair value of stock options granted to employees and non-employees for the three and six months ended June 30, 2025 and 2024 were as follows:
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Employee Stock Option | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Summary of Equity-Based Compensation Expense | The following table outlines our equity-based compensation expense for stock options for the three and six months ended June 30, 2025 and 2024:
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Summary of Restricted Stock Activity | The Company has granted shares of restricted stock units with service-based and performance-based vesting conditions. A summary of restricted stock activity during the six months ended June 30, 2025 is as follows:
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