v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Activity for RSUs

The following tables present the activity for the RSUs:

 

 

Six Months Ended June 30, 2026

 

 

 

Quantity

 

 

Weighted Average
Grant Date
Fair Value
Per Share

 

Beginning of period

 

 

1.1

 

 

$

88.87

 

Granted

 

 

0.2

 

 

$

258.56

 

Vested or forfeited

 

 

(0.5

)

 

$

88.95

 

End of period

 

 

0.8

 

 

$

143.17

 

 

 

 

Six Months Ended June 30, 2025

 

 

 

Quantity

 

 

Weighted Average
Grant Date
Fair Value
Per Share

 

Beginning of period

 

 

0.9

 

 

$

104.83

 

Granted

 

 

0.7

 

 

$

76.98

 

Vested or forfeited

 

 

(0.4

)

 

$

103.39

 

End of period

 

 

1.2

 

 

$

89.04

 

Schedule of Pre-tax Effect of Stock-Based Compensation Expense Included in Company's Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

The pre-tax effect of stock-based compensation expense included in the Company’s condensed consolidated statements of operations and comprehensive income (loss) was as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Cost of revenues

 

$

1

 

 

$

2

 

 

$

3

 

 

$

3

 

Research and development expense

 

 

2

 

 

 

2

 

 

 

3

 

 

 

4

 

Selling, general and administrative expense

 

 

12

 

 

 

8

 

 

 

28

 

 

 

27

 

Total pre-tax stock-based compensation expense

 

$

15

 

 

$

12

 

 

$

34

 

 

$

34