v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Share-Based Payment Arrangement and Price Targets A cumulative percentage of the MRSU target is earned based on the achievement of stock price goals, measured based on the average of the Company’s closing stock price over a consecutive 60 trading day period during the performance period as set forth in the table below:
TrancheCompany Stock Price TargetTotal Payout
1$65.00
25% of Target MRSUs
2$100.00
50% of Target MRSUs
3$135.00
100% of Target MRSUs
4$170.00
150% of Target MRSUs
Summary of Stock-Based Compensation Expense
Stock-based compensation is included in the condensed consolidated statements of operations as follows:
Three Months Ended
March 31,
20262025
Cost of revenue$1,424 $1,395 
Research and development10,358 8,269 
Sales and marketing2,767 2,546 
General and administrative
7,958 7,222 
Total$22,507 $19,432