v3.26.1
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Weighted Average Assumptions for Options Granted
The Company used the following weighted average assumptions for options granted during the six months ended June 30, 2026:
Weighted Average: Six Months Ended June 30, 2026
Expected term5.6 years
Expected volatility62.3 %
Risk-free rate3.1 %
Expected dividends— %
Schedule of Service Based Stock Options Activity
The following table summarizes activity of service period-based stock options during the six months ended June 30, 2026:
Weighted Average
(In thousands except per share data and remaining contractual term)Number of
Options
Exercise
Price
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 20259,186 $3.68 6.0$27,378 
Options Granted1,157 4.60 
Options Exercised(171)1.85 461 
Options Forfeited(181)3.84 
Outstanding at June 30, 20269,991 $3.82 5.8$5,260 *
Exercisable at June 30, 20267,624 $3.66 4.9$4,545 *
*The aggregate intrinsic values in the table above are based on the Company’s stock price of $3.19, which is the closing price of the Company’s stock on the last trading day for the period ended June 30, 2026.
Schedule of Activity of Restricted Stock Units
The following table summarizes activity of RSUs during the six months ended June 30, 2026:
(In thousands except per share fair value)Number of RSUsWeighted Average
Fair Value
Unvested shares at December 31, 2025268 $1.61 
Granted— — 
Vested(170)1.66 
Forfeited(15)1.54 
Unvested shares at June 30, 202683 $1.52 
Schedule of Share-Based Compensation
Total share-based compensation expense was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Share-based compensation expense
Cost of sales$49 $67 $116 $126 
Sales and marketing159 215 338 421 
Research and development127 149 253 272 
General and administrative1,388 1,057 2,732 1,744 
Total$1,723 $1,488 $3,439 $2,563