v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Stock Option Activity
A summary of stock option activity as of June 30, 2026 is as follows:
(In thousands, except prices and years)Number of
options
Weighted-
average
exercise
price
Weighted- average remaining contractual life (years)Aggregate intrinsic value
Options outstanding at January 1, 2026
859 $18.38 3.77$135,938 
Granted (1)— — 
Exercised(223)10.53 
Forfeited and expired (2)— — 
Options outstanding at June 30, 2026
636 $21.09 3.68$60,408 
Options exercisable at June 30, 2026
636 $21.09 3.68$60,408 
________________
(1) There were no stock options granted during the three and six months ended June 30, 2026.
(2) There was a nominal amount of forfeitures and expirations during the three and six months ended June 30, 2026.
Schedule of Restricted Stock Unit Activity
A summary of RSU activity as of June 30, 2026 is as follows:
(In thousands, except prices)Restricted stock unitsWeighted-
average
grant date fair value per share
Outstanding at January 1, 2026
1,406 $242.94 
Granted1,941 111.19 
Released(379)182.37 
Forfeited(151)238.45 
Outstanding at June 30, 2026
2,817 $160.55 
Schedule of Income Statement Location for Compensation Expense
Stock-based compensation expense is included in the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income as shown in the following table:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Cost of revenues$31 $24 $54 $44 
Research and development26,861 20,481 49,384 38,294 
Sales and marketing2,008 1,593 3,804 3,024 
General and administrative9,310 12,494 19,615 24,248 
Total$38,210 $34,592 $72,857 $65,610