v3.26.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense The Company recorded stock-based compensation expense in the following expense categories in its accompanying condensed consolidated statements of operations and comprehensive loss:

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2026

 

 

2025

 

Cost of sales

 

$

27

 

 

$

21

 

Research and development

 

 

182

 

 

 

306

 

Sales and marketing

 

 

537

 

 

 

403

 

General and administrative

 

 

862

 

 

 

846

 

Total stock-based compensation

 

$

1,608

 

 

$

1,576

 
Schedule of Stock Option Activity

The following table summarizes stock option activity for the Plans for the three months ended March 31, 2026:

 

 

 

Number
of
shares

 

 

Weighted
average
exercise price
per share

 

 

Weighted
average
remaining
contractual
term (years)

 

 

Aggregate intrinsic value (in 000’s)

 

Outstanding at December 31, 2025

 

 

4,707,635

 

 

$

1.58

 

 

 

6.61

 

 

 

 

Exercised

 

 

(235,359

)

 

$

0.89

 

 

 

 

 

 

 

Forfeited/expired

 

 

(35,003

)

 

$

1.91

 

 

 

 

 

 

 

Outstanding at March 31, 2026

 

 

4,437,273

 

 

$

1.61

 

 

 

6.52

 

 

$

10,069

 

Exercisable at March 31, 2026

 

 

2,928,966

 

 

$

1.60

 

 

 

5.57

 

 

$

6,762

 
Schedule of RSU Activity

The following table summarizes RSU activity for the Plans for the three months ended March 31, 2026:

 

 

Number
of
shares

 

 

Weighted
average
grant date fair value per share

 

Outstanding at December 31, 2025

 

 

3,530,813

 

 

$

2.08

 

Granted

 

 

39,440

 

 

$

3.74

 

Vested

 

 

(6,200

)

 

$

0.92

 

Forfeited/expired

 

 

(84,651

)

 

$

2.80

 

Outstanding at March 31, 2026

 

 

3,479,402

 

 

$

2.08

 
Schedule of PSU Activity

The following table summarizes PSU activity for the Plans for the three months ended March 31, 2026:

 

 

Number
of
shares

 

 

Weighted
average
grant date fair value per share

 

Outstanding at December 31, 2025

 

 

1,760,048

 

 

$

1.58

 

Exercised

 

 

(432,851

)

 

$

1.58

 

Forfeited

 

 

(153,832

)

 

$

1.58

 

Outstanding at March 31, 2026

 

 

1,173,365

 

 

$

1.58