v3.26.1
Stock-Based Compensation
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation
10. Stock-Based Compensation
Restricted Stock Units
The following summarizes the restricted stock unit (“RSU”) activity for the six months ended June 30, 2026:
Number of awards outstandingWeighted-average grant date fair value
(Per share)
Nonvested RSUs as of December 31, 20255,534,657 $15.91 
Granted975,013 17.31 
Vested(1,751,490)17.43 
Forfeited(131,463)15.27 
Nonvested RSUs as of June 30, 20264,626,717 $15.65 
As of June 30, 2026, total unrecognized compensation cost related to non-vested RSUs was $61.8 million, which will be amortized over a weighted-average period of 2.05 years.
Stock-Based Compensation Expense
The Company recognized total stock-based compensation expense as follows:
Three months ended June 30,Six months ended June 30,
2026202520262025
(In thousands)
Cost of revenue$424 $530 $889 $1,055 
Research and development5,622 5,524 11,411 11,081 
Sales and marketing1,731 1,867 3,463 4,141 
General and administrative4,830 4,624 9,834 9,843 
Total$12,607 $12,545 $25,597 $26,120