v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Summary of Changes in Stock Options Activity

(in thousands)

 

Outstanding

 

 

Weighted-Average Exercise Price

 

 

Aggregate Intrinsic Value

 

Balance as of December 31, 2025

 

 

3,066

 

 

$

7.37

 

 

$

1,173

 

Stock options granted

 

 

0

 

 

 

0

 

 

 

0

 

Exercised

 

 

(317

)

 

 

1.74

 

 

 

479

 

Plan shares expired or canceled

 

 

(580

)

 

 

11.89

 

 

 

2

 

Balance as of June 30, 2026

 

 

2,169

 

 

$

6.99

 

 

$

90

 

Vested and expected to vest

 

 

1,984

 

 

$

7.00

 

 

$

90

 

Exercisable as of June 30, 2026

 

 

1,450

 

 

$

7.15

 

 

$

90

 

Summary of RSU Table

RSU activity for the six months ended June 30, 2026 was as follows:

 

(in thousands)

 

Outstanding

 

 

Weighted Average Grant Date Fair Value

 

 

Aggregate Intrinsic Value

 

Balance as of December 31, 2025

 

 

5,518

 

 

$

7.50

 

 

$

22,732

 

Granted

 

 

2,654

 

 

 

2.93

 

 

 

7,763

 

Canceled

 

 

(1,273

)

 

 

7.20

 

 

 

4,031

 

Vested and converted to shares

 

 

(969

)

 

 

8.45

 

 

 

2,798

 

Balance as of June 30, 2026

 

 

5,930

 

 

$

5.36

 

 

$

17,552

 

Vested and expected to vest

 

 

4,285

 

 

$

5.68

 

 

$

12,683

 

Market-based PSU and performance-based PSU activity for the six months ended June 30, 2026 was as follows:

 

(in thousands)

 

Outstanding

 

 

Weighted Average Grant Date Fair Value

 

 

Aggregate Intrinsic Value

 

Balance as of December 31, 2025

 

 

811

 

 

$

7.22

 

 

$

3,341

 

Granted

 

 

1,093

 

 

 

3.02

 

 

 

3,235

 

Canceled

 

 

(135

)

 

 

6.75

 

 

 

400

 

Change in awards based on performance

 

 

(137

)

 

 

5.69

 

 

 

366

 

Vested and converted to shares

 

 

(174

)

 

 

5.52

 

 

 

515

 

Balance as of June 30, 2026

 

 

1,458

 

 

$

4.42

 

 

$

4,316

 

Vested and expected to vest

 

 

1,035

 

 

$

4.61

 

 

$

3,065

 

Summary of Market-based Awards Valuation Assumptions Significant assumptions used in the Monte Carlo simulation model for the market-based PSU awards granted are as follows:

 

 

 

Six months ended June 30,

 

 

2026

 

2025

Volatility

 

53.10%

 

64.59%

Risk-free interest rate

 

3.47%

 

3.63%

Dividend yield

 

0.00%

 

0.00%