v3.26.1
Share-Based Payments (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
Share-based compensation expense is as follows (dollars in thousands):
Three Months Ended
March 31,
20262025
(unaudited)
Research and development$1,535 $1,412 
Selling, general and administrative6,945 6,656 
Total$8,480 $8,068 
Schedule of Stock Options
The following table summarizes stock option activities:
Number of
Options		Weighted
Average
Exercise Price		Weighted
Average
Remaining
Contractual
Term (in years)
Outstanding, December 31, 20256,343,009 $32.63 6.3
Granted 892,392 $50.20 
Exercised (443,350)$30.83 
Forfeited (19,508)$39.90 
Outstanding, March 31, 2026 (unaudited)6,772,543 $35.04 6.7
As of March 31, 2026 (unaudited):
Vested and expected to vest6,772,543 $35.04 6.7
Exercisable 4,125,746 $32.44 5.3
As of December 31, 2025:
Vested and expected to vest6,343,009 $32.63 6.3
Exercisable3,636,073 $32.08 4.8
Schedule of Restricted Stock Units
The following table summarizes restricted stock unit (RSU) activities:
Number of
RSUs		Weighted Average
Grant Date Fair Value per Share
Nonvested, December 31, 2025396,693 $32.98 
Granted122,609 $50.20 
Vested(163,690)$33.46 
Forfeited(135)$50.20 
Nonvested, March 31, 2026 (unaudited)355,477 $38.70 
Schedule of Performance Stock Unit
The following table summarizes performance share unit (PSU) activities:
Performance-Based Units
Number of PSUsWeighted
Average
Grant Date Fair Value per Share
Nonvested, December 31, 2025390,496 $30.80 
Granted— $— 
Vested(62,590)$27.33 
Forfeited(55,840)$28.19 
Nonvested, March 31, 2026 (unaudited)272,066$32.13