v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2024   43,225        
Beginning balance at Dec. 31, 2024 $ 588,428 $ 43 $ 773,371 $ (199,998) $ 15,246 $ (234)
Beginning balance (in shares) at Dec. 31, 2024       13,379    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock in connection with equity incentive plans (in shares)   252        
Repurchase of shares to satisfy employee tax withholding obligations (699)   (699)      
Repurchase of shares to satisfy employee tax withholding obligations (in shares)       75    
Dividends and accretion related to convertible preferred stock (11,922)       (11,922)  
Stock-based compensation 3,897   3,897      
Other comprehensive income (loss), net of tax (31)         (31)
Net income (loss) 1,950       1,950  
Ending balance (in shares) at Mar. 31, 2025   43,477        
Ending balance at Mar. 31, 2025 581,623 $ 43 776,569 $ (199,998) 5,274 (265)
Ending balance (in shares) at Mar. 31, 2025       13,454    
Beginning balance (in shares) at Dec. 31, 2024   43,225        
Beginning balance at Dec. 31, 2024 588,428 $ 43 773,371 $ (199,998) 15,246 (234)
Beginning balance (in shares) at Dec. 31, 2024       13,379    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (15,448)          
Ending balance (in shares) at Jun. 30, 2025   44,137        
Ending balance at Jun. 30, 2025 $ 554,923 $ 44 767,261 $ (199,998) (12,124) (260)
Ending balance (in shares) at Jun. 30, 2025 13,700     13,650    
Beginning balance (in shares) at Mar. 31, 2025   43,477        
Beginning balance at Mar. 31, 2025 $ 581,623 $ 43 776,569 $ (199,998) 5,274 (265)
Beginning balance (in shares) at Mar. 31, 2025       13,454    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock in connection with equity incentive plans (in shares)   617        
Issuance of common stock in connection with equity incentive plans 1 $ 1        
Repurchase of shares to satisfy employee tax withholding obligations (1,128)   (1,128)      
Repurchase of shares to satisfy employee tax withholding obligations (in shares)       196    
Dividends and accretion related to convertible preferred stock (12,385)   (12,385)      
Issuance of common stock for employee stock purchase program (in shares)   43        
Issuance of common stock for employee stock purchase program 189   189      
Stock-based compensation 4,016   4,016      
Other comprehensive income (loss), net of tax 5         5
Net income (loss) (17,398)       (17,398)  
Ending balance (in shares) at Jun. 30, 2025   44,137        
Ending balance at Jun. 30, 2025 $ 554,923 $ 44 767,261 $ (199,998) (12,124) (260)
Ending balance (in shares) at Jun. 30, 2025 13,700     13,650    
Beginning balance (in shares) at Dec. 31, 2025   44,797        
Beginning balance at Dec. 31, 2025 $ 591,595 $ 44 761,495 $ (199,998) 30,116 (62)
Beginning balance (in shares) at Dec. 31, 2025       13,803    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock in connection with equity incentive plans (in shares)   203        
Issuance of common stock in connection with equity incentive plans   $ 1        
Repurchase of shares to satisfy employee tax withholding obligations (161)   (161)      
Repurchase of shares to satisfy employee tax withholding obligations (in shares)       45    
Dividends and accretion related to convertible preferred stock (13,393)       (13,393)  
Stock-based compensation 2,283   2,283      
Other comprehensive income (loss), net of tax 120         120
Net income (loss) (4,714)       (4,714)  
Ending balance (in shares) at Mar. 31, 2026   45,000        
Ending balance at Mar. 31, 2026 575,731 $ 45 763,617 $ (199,998) 12,009 58
Ending balance (in shares) at Mar. 31, 2026       13,848    
Beginning balance (in shares) at Dec. 31, 2025   44,797        
Beginning balance at Dec. 31, 2025 591,595 $ 44 761,495 $ (199,998) 30,116 (62)
Beginning balance (in shares) at Dec. 31, 2025       13,803    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (28,309)          
Ending balance (in shares) at Jun. 30, 2026   45,827        
Ending balance at Jun. 30, 2026 $ 540,803 $ 46 752,110 $ (199,998) (11,586) 231
Ending balance (in shares) at Jun. 30, 2026 13,900     13,878    
Beginning balance (in shares) at Mar. 31, 2026   45,000        
Beginning balance at Mar. 31, 2026 $ 575,731 $ 45 763,617 $ (199,998) 12,009 58
Beginning balance (in shares) at Mar. 31, 2026       13,848    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock in connection with equity incentive plans (in shares)   763        
Issuance of common stock in connection with equity incentive plans   $ 1        
Repurchase of shares to satisfy employee tax withholding obligations (49)   (49)      
Repurchase of shares to satisfy employee tax withholding obligations (in shares)       30    
Dividends and accretion related to convertible preferred stock (13,916)   (13,916)   0  
Issuance of common stock for employee stock purchase program (in shares)   64        
Issuance of common stock for employee stock purchase program 102   102      
Stock-based compensation 2,356   2,356      
Other comprehensive income (loss), net of tax 173         173
Net income (loss) (23,595)       (23,595)  
Ending balance (in shares) at Jun. 30, 2026   45,827        
Ending balance at Jun. 30, 2026 $ 540,803 $ 46 $ 752,110 $ (199,998) $ (11,586) $ 231
Ending balance (in shares) at Jun. 30, 2026 13,900     13,878