STOCK INCENTIVE PLAN AND STOCK-BASED COMPENSATION (Tables)
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6 Months Ended |
Jun. 30, 2026 |
| STOCK INCENTIVE PLAN AND STOCK-BASED COMPENSATION |
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| Summary of changes in stock options granted |
| | | | | | | | | | | | | | | | | | | | Weighted- | | | | | | | | Weighted- | | | Average | | | | | | | | Average | | | Remaining | | | Aggregate | | | Number of | | Exercise | | | Contractual | | | Intrinsic | | | Awards | | Price | | | Term | | | Value ($000's) | Awards outstanding—December 31, 2025 | | 7,861,925 | | $ | 33.56 | | | 6.3 | | | | Awards issued | | 1,664,051 | | $ | 33.90 | | | | | | | Awards exercised | | (236,405) | | $ | 23.22 | | | | | | | Awards forfeited | | (362,605) | | $ | 36.59 | | | | | | | Awards outstanding—June 30, 2026 | | 8,926,966 | | $ | 33.78 | | | 6.4 | | $ | 48,181 | Awards exercisable—June 30, 2026 | | 6,026,171 | | $ | 33.67 | | | 5.2 | | $ | 39,583 | Awards unvested—June 30, 2026 | | 2,900,795 | | $ | 34.01 | | | 9.0 | | $ | 8,598 |
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| Summary of changes in SARs granted |
| | | | | | | | | | | | | | | | | | | | Weighted- | | | | | | | | Weighted- | | | Average | | | | | | | | Average | | | Remaining | | | Aggregate | | | Number of | | Exercise | | | Contractual | | | Intrinsic | | | Awards | | Price | | | Term | | | Value ($000's) | Awards outstanding—December 31, 2025 | | 33,471 | | $ | 8.72 | | | 3.2 | | | | Awards issued | | — | | $ | — | | | | | | | Awards exercised | | (3,651) | | $ | 8.22 | | | | | | | Awards forfeited | | — | | $ | — | | | | | | | Awards outstanding—June 30, 2026 | | 29,820 | | $ | 8.78 | | | 2.7 | | $ | 582 | Awards exercisable—June 30, 2026 | | 29,820 | | $ | 8.78 | | | 2.7 | | $ | 582 |
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| Summary of changes in RSUs granted |
| | | | | | | | | | | | | | | | Weighted- | | | | | Average | | | Number of | | Grant Date | | | Awards | | Fair Value | Awards outstanding—December 31, 2025 | | 796,498 | | $ | 34.47 | Awards issued | | 472,250 | | $ | 36.76 | Awards vested | | (251,617) | | $ | 33.71 | Awards forfeited | | (109,795) | | $ | 35.79 | Awards outstanding—June 30, 2026 | | 907,336 | | $ | 35.72 |
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| Summary of assumptions used to value awards |
| | | | | | | | As of | | | June 30, 2026 | | December 31, 2025 | | Dividend yield | | 0.00 | % | 0.00 | % | Expected volatility | | 66.49 - 73.24 | % | 69.03 - 71.43 | % | Risk-free interest rate | | 3.84 - 4.20 | % | 3.72 - 4.44 | % | Lack of marketability discount | | 0.00 | % | 0.00 | % | Expected term (years) | | 1.1 - 6.1 | | 1.4 - 6.1 | |
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| Summary of stock-based compensation expense |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Research and development expense | | $ | 2,562 | | $ | 2,113 | | $ | 4,927 | | $ | 4,415 | Sales and marketing expense | | | 1,809 | | | 1,652 | | | 3,604 | | | 4,396 | General and administrative expense | | | 5,205 | | | 7,629 | | | 11,353 | | | 15,033 | | | $ | 9,576 | | $ | 11,394 | | $ | 19,884 | | $ | 23,844 |
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