v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Unit Activity
The following table summarizes RSU activity for the six months ended June 30, 2026 (in thousands):

Number of RSUs
Weighted-Average Grant Date Fair Value per Share
Unvested at December 31, 2025
8,669 $18.97 
Granted4,971 4.88 
Vested(2,150)14.21 
Forfeited(3,933)20.69 
Unvested at June 30, 2026
7,557 $10.16 
Schedule of Restricted Stock Award Activity
The following table summarizes RSA activity for the six months ended June 30, 2026 (in thousands):

Number of RSA
Weighted-Average Grant Date Fair Value per Share
Unvested at December 31, 2025
3,180 $2.06 
Granted— — 
Vested(1,114)2.08 
Forfeited(1,020)1.91 
Unvested at June 30, 2026
1,046 $2.19 
Schedule of Stock Option Activity
The following table summarizes time-based stock options activity for the six months ended June 30, 2026 (in thousands):
Number of Stock OptionsWeighted-Average Exercise PriceWeighted
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 2025
482 $28.00 9.7$— 
Granted— — 
Exercised— — 
Forfeited(482)28.00 
Expired— — 
Outstanding at June 30, 2026
— $— — $ 
Exercisable at June 30, 2026
— — — $— 
The following table summarizes market-based stock options activity for the six months ended June 30, 2026 (in thousands):
Number of Stock OptionsWeighted-Average Exercise PriceWeighted
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 2025
6,365 $28.00 9.7$— 
Granted— — 
Exercised— — 
Forfeited— — 
Expired— — 
Outstanding at June 30, 2026
6,365 $28.00 9.2$— 
Exercisable at June 30, 2026
— — $— 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions The Company used a Monte Carlo Simulation Model (a binomial lattice-based valuation model) to estimate the fair value of the market-based stock options with the following assumptions as of June 30, 2026:
June 30,
Assumptions2026
Expected term in years10.0
Volatility70 %
Risk-free rate4.0 %
Dividend Yield0.0 %