v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Stock-Based Compensation  
Schedule of stock based compensation expense

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock awards

 

$0.1

 

 

$

 

 

$0.2

 

 

$

 

Stock options

 

 

 

 

 

0.1

 

 

 

 

 

 

0.1

 

RSAs

 

 

1.3

 

 

 

0.4

 

 

 

2.6

 

 

 

1.7

 

PSAs

 

 

 

 

 

0.2

 

 

 

1.1

 

 

 

0.2

 

Total stock-based compensation expense

 

$1.4

 

 

$0.7

 

 

$3.9

 

 

$2.0

 

Schedule of stock based compensation expense included in company's operating expenses

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development expenses

 

$0.4

 

 

$0.2

 

 

$1.1

 

 

$0.4

 

General and administrative expenses

 

 

1.0

 

 

 

0.5

 

 

 

2.8

 

 

 

1.6

 

Total stock-based compensation expense

 

$1.4

 

 

$0.7

 

 

$3.9

 

 

$2.0

 

Schedule of restricted stock awards activity

 

 

Number of

Shares

 

 

Weighted-

Average

Grant Date Fair Value

 

Outstanding, December 31, 2025

 

 

944,720

 

 

$11.35

 

Awards granted

 

 

113,988

 

 

 

13.12

 

Awards vested

 

 

(51,276 )

 

 

11.43

 

Awards forfeited

 

 

 

 

 

 

Outstanding, June 30, 2026

 

 

1,007,432

 

 

$11.54

 

Schedule of performance based restricted stock awards

 

 

Number of

Shares

 

 

Weighted Average Grant Date Fair Value

 

Outstanding, December 31, 2025

 

 

1,146,226

 

 

$13.40

 

Awards granted

 

 

167,512

 

 

 

11.80

 

Awards vested

 

 

(100,001 )

 

 

6.99

 

Awards forfeited

 

 

 

 

 

 

Outstanding, June 30, 2026

 

 

1,213,737

 

 

$13.71