v3.26.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Allocation of Compensation Expense
Total stock-based compensation expense for the three months ended March 31, 2026 and 2025 was as follows:
 Three Months Ended March 31,
(in thousands)20262025
RSA expense$641 $519 
PSU expense190 157 
Stock option expense60 60 
Total stock-based compensation expense$891 $736 
Schedule of Unrecognized Compensation Cost
The amount of unrecognized compensation cost as of March 31, 2026, and the expected weighted-average period over which the cost will be recognized is as follows:
As of March 31, 2026
(in thousands, except years)
Unrecognized Compensation CostExpected Weighted-
Average Period of
Recognition (in years)
RSA expense$3,142 1.52
PSU expense944 1.52
Stock option expense72 0.30
Total unrecognized stock-based compensation expense$4,158 1.50
Schedule of Restricted Stock Activity
A summary of RSA activity under the Company's various stock compensation plans for the three months ended March 31, 2026 is presented below:
Restricted StockWeighted-Average Grant Date Fair Value
Non-vested at January 1, 20261,068,649 $4.97 
Granted50,000 $1.92 
Vested(228,237)$4.35 
Forfeited(20,518)$5.26 
Non-vested at March 31, 2026869,894 $4.95 
Schedule of Performance Shares Units A summary of PSU activity for the three months ended March 31, 2026 is presented below:
UnitsWeighted-Average
Grant Date
Fair Value		Aggregate Intrinsic Value (in thousands)Weighted-Average
Remaining
Contractual
Term (in years)
PSUs outstanding at January 1, 2026811,293 $3.34 
Granted45,504 $2.30 
Vested / Settled (1)
(187,004)$2.40 
Forfeited / Canceled(26,899)$2.48 
PSUs outstanding at March 31, 2026642,894 $3.58 $1,646 1.44
(1) The number of units shown in the table above is based on target performance. The final number of shares of common stock issued may vary depending on the achievement of market or performance conditions established within the awards, which could result in the actual number of shares issued ranging from zero to a maximum of two times the number of units shown in the above table. For the three months ended March 31, 2026, 136,408 shares of common stock were issued upon vesting of PSUs, net of shares withheld for settlement of payroll tax withholding obligations.
Schedule of Option Activity
A summary of stock option activity for the three months ended March 31, 2026 is presented below:
Number of Options
Outstanding and
Exercisable		Weighted-Average
Exercise Price		Aggregate Intrinsic Value (in thousands)Weighted-Average
Remaining Contractual
Term (in years)
Options outstanding at January 1, 20261,000,000 $3.00 
Options granted— — 
Options exercised— — 
Options expired / forfeited— — 
Options outstanding at March 31, 20261,000,000 $3.00 $— 7.30
Options vested and exercisable at March 31, 2026666,666 $3.00 $— 7.30