v3.26.1
Stock-Based Compensation
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation

8. Stock-Based Compensation

The Company’s Fourth Amended and Restated 2006 Stock Option and Incentive Plan allows for granting of incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock units, performance-based restricted stock units, unrestricted stock awards, and deferred stock awards to its officers, employees, directors, and consultants. The components of stock-based compensation expense included in the consolidated statements of operations are as follows:

 

 

Three months ended

 

 

March 31,

 

 

2026

 

 

2025

 

 

(in thousands)

 

Stock option awards

 

$

864

 

 

$

900

 

Restricted stock units

 

 

669

 

 

 

686

 

Performance-based restricted stock units

 

 

559

 

 

 

460

 

 

 

 

 

 

 

 

Total stock-based compensation

 

$

2,092

 

 

$

2,046

 

 

Stock-based compensation is included in the Company’s consolidated statements of operations as follows:

 

 

Three months ended

 

 

March 31,

 

 

2026

 

 

2025

 

 

(in thousands)

 

Cost of sales

 

$

289

 

 

$

286

 

Sales and marketing

 

 

307

 

 

 

376

 

General and administrative

 

 

1,272

 

 

 

1,176

 

Research and development

 

 

224

 

 

 

208

 

 

 

 

 

 

 

 

Total stock-based compensation

 

$

2,092

 

 

$

2,046

 

 

During the three months ended March 31, 2026, the Company did not grant any options, restricted stock units, or performance-based restricted stock units. During the three months ended March 31, 2025, the Company granted 741 options, 1,521 restricted stock units, and 129 performance-based restricted stock units. The Company issued 79,923 and 51,026 shares of common stock following the exercise or vesting of underlying stock options, restricted stock units, and performance-based restricted stock units during the three months ended March 31, 2026 and 2025, respectively.