v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense
The following table sets forth the Company’s equity classified stock-based compensation expense for the periods indicated (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of production$14 $$27 $16 
General and administrative2,392 1,844 4,242 3,395 
Other operating expenses152 396 392 731 
Total stock-based compensation$2,558 $2,244 $4,661 $4,142 
Schedule Stock Option Award Activity
Stock option award activity. Stock option activity under the Company’s stock incentive plans and changes during the six months ended June 30, 2026, were as follows:
Number of
Options
Weighted-
Average
Exercise
Price (1)
Weighted-
Average
Remaining
Contractual
Term
(years)
Weighted-
Average
Grant-Date
Fair Value
Aggregate
Intrinsic Value
(in thousands)
Options outstanding at December 31, 202519,342,292 $1.93 8.2$1.66 $6,516 
Granted2,832,781 1.64 1.42 — 
Forfeited and expired(1,548,861)2.27 1.95 (480)
Exercised(210,240)1.20 1.08 (74)
Options outstanding at June 30, 202620,415,972 $1.87 8.0$1.61 $5,962 
Options vested and expected to vest at June 30, 202620,415,972 $1.87 8.0$1.61 $5,962 
_______________________________________________________________
Exercise price of options outstanding ranges from $0.67 to $20.00 as of June 30, 2026.
Schedule of Non-vested Restricted Stock Awards
Non-vested restricted stock awards and the changes during the six months ended June 30, 2026, were as follows:
Number of
Shares
Weighted-
Average
Grant-Date
Fair Value
Outstanding at December 31, 20256,262,580 $1.02 
Granted4,477,084 $1.73 
Vested and issued(2,739,699)$0.99 
Forfeited and expired(184,765)$1.09 
Non-vested at June 30, 20267,815,200 $1.43