v3.26.1
Stock-Based Compensation and Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Restricted Stock Awards (RSA) Activity

The following is a summary of RSA transactions as of and for the six months ended June 30, 2026:

 

 

Unvested Shares

 

 

Weighted-Average
Grant Date Fair Value

 

Unvested, December 31, 2025

 

 

1,268

 

 

$

11.98

 

Vested

 

 

 

 

 

11.98

 

Forfeited

 

 

(819

)

 

 

11.98

 

Unvested, June 30, 2026

 

 

449

 

 

$

11.98

 

Summary of Restricted Stock Unit (RSU) Activity

The following is a summary of RSU transactions as of and for the six months ended June 30, 2026:

 

 

Unvested Shares

 

 

Weighted-Average
Grant Date Fair Value

 

Outstanding, December 31, 2025

 

 

25,852

 

 

$

7.02

 

Granted

 

 

5,557

 

 

 

7.04

 

Vested

 

 

(6,818

)

 

 

7.07

 

Canceled and forfeited

 

 

(5,915

)

 

 

6.72

 

Outstanding, June 30, 2026

 

 

18,676

 

 

$

7.11

 

Summary of Stock Option Activity

The following is a summary of stock option activity as of and for the six months ended June 30, 2026:

 

 

Number of Options

 

 

Weighted-Average
Exercise Price

 

 

Weighted-Average
Remaining Contractual Term (Years)

 

 

Aggregate Intrinsic Value

 

Outstanding, December 31, 2025

 

 

13,476

 

 

$

7.42

 

 

 

5.43

 

 

$

1,888

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(705

)

 

 

7.61

 

 

 

 

 

 

2,187

 

Canceled and forfeited

 

 

(2,116

)

 

 

7.61

 

 

 

 

 

 

 

Outstanding, June 30, 2026

 

 

10,655

 

 

$

7.37

 

 

 

6.22

 

 

$

35,629

 

Exercisable at June 30, 2026

 

 

2,664

 

 

$

7.37

 

 

 

6.22

 

 

$

8,907

 

Vested or expected to vest at June 30, 2026

 

 

10,655

 

 

$

7.37

 

 

 

6.22

 

 

$

35,629

 

Summary of Unit Based Compensation Expense

The Company recognized stock-based compensation expense related to RSUs and stock options within general and administrative expenses in the unaudited consolidated statements of operations and comprehensive income (loss) as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Stock-based compensation expense

 

$

19,748

 

 

$

21,116

 

 

$

34,949

 

 

$

39,700