v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Based Compensation Expense
Stock-based compensation expense, which includes expense for options, including market-based options, and restricted stock units, has been reported in the Company’s consolidated statements of operations as follows (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2026202520262025
Selling, general and administrative$799 $588 $1,392 $1,373 
Research and development396 300 672 541 
Cost of product revenue
8 — 22 — 
Cost of license and collaboration revenue
10 — 24 — 
Total stock-based compensation$1,213 $888 $2,110 $1,914 
Schedule of Stock Option Activity
The following table summarizes the Company’s stock option activity for the six months ended June 30, 2026:
Number of sharesWeighted average
exercise price		Weighted average
remaining contractual
term (in years)		Aggregate intrinsic
value
Outstanding as of December 31, 20251,353,918$16.13 8.9$1,181,200 
Granted1,633,1137.56 
Forfeited(76,086)8.98 
Expired(15,818)18.81 
Outstanding as of June 30, 20262,895,127$11.47 9.2$287,984 
Options vested and exercisable as of June 30, 2026500,797$27.70 7.5$110,517