v3.26.1
Stock-Based Compensation
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation

9. Stock-Based Compensation

Equity Incentive Plan

In May 2026, our stockholders approved the 2026 Equity Incentive Plan (the “2026 Plan”). The 2026 Plan provides for the grant of incentive stock options, nonstatutory stock options, RSAs, RSUs, Stock Appreciation Rights and other stock-based awards to employees, non-employee directors and consultants. A total of 9,000,000 shares of our common stock are reserved for issuance under the 2026 Plan.

 

Stock-Based Compensation Expense

The following table summarizes stock-based compensation expense:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Selling, general and administrative

 

$

4,477

 

 

$

2,298

 

 

$

6,878

 

 

$

4,326

 

Research and development

 

 

266

 

 

 

124

 

 

 

432

 

 

 

243

 

Total

 

$

4,743

 

 

$

2,422

 

 

$

7,310

 

 

$

4,569