v3.26.1
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Summary of Series B Preferred Stock and Accretion of Dividends

The following table summarizes Series B Preferred Stock and the accretion of dividend activity for the years ended December 31, 2025 and 2024 (in thousands):

 

 

Year Ended December 31,

 

 

2025

 

 

2024

 

Series B Preferred Stock:

 

 

 

 

 

Balance at beginning of period

$

27,472

 

 

$

26,589

 

Cumulative dividends on Series B Preferred Stock

 

824

 

 

 

883

 

Balance at end of period

$

28,296

 

 

$

27,472

 

Number of Common Shares Issuable Upon Conversion:

 

 

 

 

 

Number of shares at beginning of period

 

6,868

 

 

 

6,647

 

Cumulative dividends on Series B Preferred Stock

 

206

 

 

 

221

 

Number of shares at end of period

 

7,074

 

 

 

6,868

 

Summary of Common Stock Reserved for Future Issuance

Common Stock Reserved for Future Issuance

Common stock reserved for future issuance as of December 31, 2025 was as follows:

 

Exercise of outstanding stock options, vesting of RSUs, vesting of performance stock units ("PSUs") and issuance of RSUs vested but not released

 

 

1,262,886

 

Employee Stock Purchase Plan

 

 

293,888

 

Shares of common stock available for grant under the 2011 Plan

 

 

933,553

 

Shares of common stock issuable upon conversion of Series B Preferred Stock

 

 

7,541,449

 

Total

 

 

10,031,776