v3.26.1
Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense

Stock-based compensation expense is reported in the Company's condensed consolidated statements of operations as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Cost of product revenue

 

$

319

 

 

$

275

 

 

$

743

 

 

$

386

 

Cost of services and other revenue

 

 

134

 

 

 

127

 

 

 

251

 

 

 

258

 

Research and development expense

 

 

189

 

 

 

481

 

 

 

351

 

 

 

820

 

Selling, general and administrative expense

 

 

3,408

 

 

 

4,489

 

 

 

7,706

 

 

 

11,957

 

Total stock-based compensation expense

 

$

4,050

 

 

$

5,372

 

 

$

9,051

 

 

$

13,421

 

Summary of Award Activity for Stock Options and RSUs

The following table summarizes our award activity for stock options and RSUs for the six months ended June 30, 2026 (in thousands):

 

 

 

Stock Options

 

 

RSUs

 

Outstanding at December 31, 2025

 

 

32,547

 

 

 

19,478

 

Granted

 

 

6,111

 

 

 

6,736

 

Exercised or issued

 

 

(67

)

 

 

(5,915

)

Forfeited

 

 

(5,442

)

 

 

(1,163

)

Outstanding at June 30, 2026

 

 

33,149

 

 

 

19,136