Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2026

Stock option activity under the Company’s incentive plan is as follows (in thousands, except share and per share amounts):


	Options Outstanding
	Number of Options	Weighted–Average Exercise Price		Weighted-Average Remaining Contractual Life (years)	Aggregate Intrinsic Value
Balance – December 31, 2025	1,594,703	$	7.38	2.74	$	—

Cancelled/forfeited	(8,769)	$	14.83
Balance – June 30, 2026	1,585,934	$	7.33	2.26	$	—
Options vested and exercisable – June 30, 2026	1,382,501	$	5.64	1.91	$	6

The following table summarizes the activity for all RSUs under all of the Company’s equity incentive plans for the six months ended June 30, 2026:


	Number of Shares	Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2025	3,835,924	$	1.61
Granted	2,169,177	$	1.28
Vested	(1,057,152)	$	1.73
Forfeited	(335,669)	$	1.53
Balance – June 30, 2026	4,612,280	$	1.44