v3.26.1
Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Summary of the Companys Stock Option Activity
The following is a summary of the Company’s stock option activity for the six months ended June 30, 2026:
Number of OptionsWeighted-Average Exercise PriceWeighted-Average Remaining Contractual Term (in years)Aggregate Intrinsic Value (in thousands)
Outstanding—December 31, 20259,303,581$13.92 6.26$140,360 
Granted— 
Exercised(216,149)8.15 
Forfeited(118,884)19.67 
Expired(66,853)19.53 
Outstanding—June 30, 20268,901,69513.94 5.6843,334 
Exercisable—June 30, 20267,714,057
Schedule of Nonvested Restricted Stock Units Activity
The following table is a summary of the Company’s RSU activity for the six months ended June 30, 2026:
Number of RSUsWeighted-Average Grant Date Fair Value
Unvested—December 31, 20252,518,990$43.87 
Granted1,491,12518.29 
Vested(105,349)38.23 
Forfeited(153,904)35.64 
Unvested—June 30, 20263,750,86234.20 
Schedule of Share-based Compensation Expense The stock-based compensation expense recognized in the consolidated statements of operations for services received from employees and nonemployees for the three and six months ended June 30, 2026 and 2025, is shown in the following tables (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue$98 $37 $173 $106 
Research and development4,302 1,549 8,332 3,163 
Sales and marketing3,623 1,271 6,951 2,539 
General and administrative7,987 1,805 16,118 3,545 
Total$16,010 $4,662 $31,574 $9,353 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Stock options$3,220 $4,662 $7,065 $9,353 
RSUs11,000 — 20,948 — 
PSUs1,790 — 3,561 — 
Total$16,010 $4,662 $31,574 $9,353