v3.26.1
STOCK-BASED COMPENSATION PLANS AND STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted and Performance Stock Units and Awards Activity
The following table summarizes the restricted and performance stock unit activities under the 2016 Plan, the 2021 Plan and the 2022 Inducement Plan:
Restricted Stock Units
Number of SharesWeighted-Average Grant Date Fair Value
Unvested—December 31, 2025
4,355,001 $7.68 
Granted2,129,849 $24.91 
Vested(1,129,041)$7.67 
Canceled (123,906)$10.55 
Unvested—June 30, 2026
5,231,903 $14.63 
Schedule of Stock-Based Compensation ESPP Valuation Assumptions
The following table summarizes the ESPP valuation assumptions:
Six Months Ended
June 30,
20262025
Expected volatility68.9%72.0%
Expected term (in years)0.50.5
Risk-free interest rate3.8%4.3%
Expected dividend yield0%0%
Schedule of Stock-Based Compensation Related to Stock-Based Awards to Employees The following table presents the amount of stock-based compensation related to stock-based awards to employees on the Company’s unaudited condensed consolidated statements of operations (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Cost of revenue$384 $232 $705 $437 
Research and development2,562 1,926 4,818 3,898 
Sales and marketing1,668 1,048 3,051 2,017 
General and administrative1,733 1,291 3,284 2,457 
Total stock-based compensation$6,347 $4,497 $11,858 $8,809