v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Options and Restricted Stock Units Granted

Our annual grant of stock-based compensation takes place during the first quarter of each year. Our stock options and restricted stock units granted during the first quarter of 2026 were as follows:

 

 

Grants

 

 

Weighted
Average Grant Date Fair Value per Share

 

 Stock options

 

 

1,518,443

 

 

$

60.20

 

 Restricted stock units

 

 

1,460,603

 

 

$

60.16

 

Summary of Stock-Based Compensation Expense

Total stock-based compensation expense was recorded in the condensed consolidated statements of operations and comprehensive loss, and allocated as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2026

 

 

June 30, 2025

 

 

June 30, 2026

 

 

June 30, 2025

 

 Research and development

 

$

15,935

 

 

$

13,542

 

 

$

29,516

 

 

$

25,220

 

 Selling, general and administrative

 

 

19,776

 

 

 

13,993

 

 

 

36,589

 

 

 

25,864

 

 

 

$

35,711

 

 

$

27,535

 

 

$

66,105

 

 

$

51,084