v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Allocation of Compensation Expense
Total stock-based compensation expense for the three and six months ended June 30, 2026 and 2025 was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
RSA expense$852 $522 $1,493 $1,041 
PSU expense131 152 321 309 
Stock option expense60 60 120 120 
Total stock-based compensation expense$1,043 $734 $1,934 $1,470 
Schedule of Unrecognized Compensation Cost
The amount of unrecognized compensation cost as of June 30, 2026, and the expected weighted-average period over which the cost will be recognized is as follows:
As of June 30, 2026
(in thousands, except years)
Unrecognized Compensation CostExpected Weighted-
Average Period of
Recognition (in years)
RSA expense$2,198 1.60
PSU expense431 1.26
Stock option expense11 0.05
Total unrecognized stock-based compensation expense$2,640 1.54
Schedule of Restricted Stock Activity
A summary of RSA activity under the Company's various stock compensation plans for the six months ended June 30, 2026 is presented below:
Restricted StockWeighted-Average Grant Date Fair Value
Non-vested at January 1, 20261,068,649 $4.97 
Granted100,000 $2.08 
Vested(426,270)$4.50 
Forfeited(58,870)$5.29 
Non-vested at June 30, 2026683,509 $4.82 
Schedule of Performance Shares Units A summary of PSU activity for the six months ended June 30, 2026 is presented below:
UnitsWeighted-Average
Grant Date
Fair Value		Aggregate Intrinsic Value (in thousands)Weighted-Average
Remaining
Contractual
Term (in years)
PSUs outstanding at January 1, 2026811,293 $3.34 
Granted45,504 $2.30 
Vested / Settled (1)
(193,148)$2.48 
Forfeited / Canceled(67,925)$6.62 
PSUs outstanding at June 30, 2026595,724 $3.17 $1,519 1.23
(1) The number of units shown in the table above is based on target performance. The final number of shares of common stock issued may vary depending on the achievement of market or performance conditions established within the awards, which could result in the actual number of shares issued ranging from zero to a maximum of two times the number of units shown in the above table. For the six months ended June 30, 2026, 136,408 shares of common stock were issued upon vesting of PSUs, net of shares withheld for settlement of payroll tax withholding obligations.
Schedule of Option Activity
A summary of stock option activity for the six months ended June 30, 2026 is presented below:
Number of Options
Outstanding and
Exercisable		Weighted-Average
Exercise Price		Aggregate Intrinsic Value (in thousands)Weighted-Average
Remaining Contractual
Term (in years)
Options outstanding at January 1, 20261,000,000 $3.00 
Options granted— — 
Options exercised— — 
Options expired / forfeited— — 
Options outstanding at June 30, 20261,000,000 $3.00 $— 7.05
Options vested and exercisable at June 30, 2026666,666 $3.00 $— 7.05