v3.26.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
A summary of the stock option activity for the three months ended March 31, 2026 is as follows:
(number of shares in millions)Number
of
Shares
Weighted
Average
Exercise
Price
Options outstanding at December 31, 20250.7 $13.38 
Options outstanding at March 31, 20260.7 $13.38 
Options exercisable at March 31, 20260.5 $13.38 
Schedule of Restricted Stock Unit Activity
A summary of the RSU awards activity under the Company’s equity plans and inducement awards, including PSU awards, for the three months ended March 31, 2026 is as follows:
(number of shares in millions)Number
of
Shares
Weighted
Average
Grant Date
Fair Value
RSUs unvested and outstanding at December 31, 20257.1 $11.27 
RSUs granted3.7 $4.83 
Less:
RSUs vested(1.6)$17.28 
RSUs canceled(0.3)$13.20 
RSUs unvested and outstanding at March 31, 20268.9 $7.34 
Schedule of Stock-Based Compensation Income (Loss)
Stock-based compensation expense recognized and included in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) was allocated as follows:
Three months ended
March 31,
(in millions)20262025
Cost of revenue$0.2 $0.3 
Research and development expense1.2 2.1 
Sales and marketing expense0.8 1.5 
General and administrative expense4.3 5.6 
Total stock-based compensation expense$6.5 $9.5