Stock compensation expense is recorded in cost of goods sold, research and development, and general and administrative expenses based on the classification of the work performed by the grantees.

The following table sets forth the share-based compensation for the periods presented:


	Three Months Ended March 31,
	2026		2025
Cost of goods sold	$	439	$	371
Research and development		11,874		11,131
Selling, general, and administrative		7,421		5,730
Total	$	19,734	$	17,232

Total stock compensation expense for the three months ended March 31, 2026 above included an accrual of $3,500 that represents awards issuable upon distribution of the Company's annual incentive plan. There was no accrual for distribution of the Company's annual incentive plans for the three months ended March 31, 2025.