v3.25.2
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Compensation  
Schedule of stock option activity

    

    

Weighted

    

Weighted-

    

    

Average

Average

Aggregate

Exercise

Contractual

Intrinsic

Options Outstanding

Price Per Share

Life (in years)

Value (in thousands)

Outstanding, December 31, 2024

 

8,131,235

$

1.01

 

8.04

$

115,878

Granted

 

 

 

 

Exercised

 

(1,594,598)

0.90

 

 

17,441

Forfeited and expired

 

 

 

 

Outstanding and expected to vest, June 30, 2025

6,536,637

$

1.03

7.63

$

70,763

Exercisable, June 30, 2025

 

3,454,324

$

0.79

 

6.74

$

38,255

Schedule of activity related to restricted stock units

Weighted Average

Grant Date Fair

    

Shares

    

Value

Non-vested at December 31, 2024

 

11,177,661

$

1.53

Granted

 

823,342

9.08

Vested

 

(5,234,029)

1.66

Forfeited

 

(222,852)

1.54

Non-vested at June 30, 2025

 

6,544,122

$

2.38

Schedule of total stock-based compensation expenses

The table below summarizes total stock-based compensation expenses for the three and six months ended June 30, 2025 and June 30, 2024 (in thousands):

Three Months Ended June 30,

Six Months Ended June 30,

    

2025

    

2024

    

2025

    

2024

Research and development

$

2,256

$

2,262

$

5,277

$

4,189

Selling, general and administrative expenses

1,298

1,025

2,451

2,089

Total stock-based compensation expenses

$

3,554

$

3,287

$

7,728

$

6,278