v3.26.1
Employee benefit plans (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
schedule of share-based compensation, Performance Stock Units Award Activity [Table Text Block]
A summary of the Company’s PSU activity for the three months ended March 31, 2026 is as follows:
Shares
(in thousands)
Weighted-average grant date fair value
Non-vested shares at December 31, 202547 

$5.79 
Granted— — 
Vested(47)5.79 
Forfeited— — 
Non-vested shares at March 31, 2026— $— 
Schedule of Share-based Compensation, Stock Options, Activity
A summary of the Company’s stock option activity for the three months ended March 31, 2026 is as follows:
Shares
(in thousands)
Weighted-average exercise price
Weighted-average remaining contractual term (in years)
Aggregate intrinsic value (in thousands)
Outstanding at December 31, 20251,444 $7.06 3.24$— 
Granted— — 
Exercised— — 
Forfeited/Cancelled(213)7.44 
Outstanding at March 31, 20261,231 $7.00 3.52$— 
Vested and expected to vest at March 31, 20261,231 $7.00 3.52$— 
Exercisable at March 31, 20261,231 $7.00 3.52$— 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
A summary of the Company’s RSU activity for the three months ended March 31, 2026 is as follows:
Shares
(in thousands)
Weighted-average grant date fair value
Non-vested shares at December 31, 20259,915 $1.81 
Granted104 0.81 
Vested(1,918)3.15 
Forfeited(379)1.99 
Non-vested shares at March 31, 20267,722 $1.46 
Allocation of Stock-based Compensation Expense
The following table summarizes stock-based compensation expense included in the condensed consolidated statements of operations:
Three months ended March 31,
(in thousands)20262025
Cost of revenue$144 $248 
Research and development1,560 2,820 
Sales and marketing575 882 
General and administrative719 1,420 
Total stock-based compensation expense$2,998 $5,370 
Total stock-based compensation expense includes accrued stock bonus expense of $0.5 million and $0.2 million for the three months ended March 31, 2026 and 2025, respectively.