Three Months Ended

Six Months Ended

June 30,

(in thousands)

2026

2025

2026

2025

Cost of goods sold ⁽¹⁾

$

5

$

106

$

9

$

368

Research and development

673

2,131

1,308

3,841

Selling, general and administrative

1,905

3,184

3,651

6,584

Stock-based compensation subtotal

2,583

5,421

4,968

10,793

Less: Stock-based compensation from discontinued operations

—

(255)

—

(581)

Total stock-based compensation expense from continuing operations

$

2,583

$

5,166

$

4,968

$

10,212

Total stock-based compensation expense capitalized into inventory

$

21

$

43

$

54

$

286