v3.26.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Summary of Series B Preferred Stock and Accretion of Dividends

The following table summarizes Series B preferred stock and the accretion of dividend activity for the three and six months ended June 30, 2026 and 2025 (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Series B Preferred Stock:

 

 

 

 

 

 

Balance at beginning of period

 

$

28,507

 

$

27,677

 

 

$

28,296

 

$

27,472

 

Cumulative dividends on Series B preferred stock

 

 

211

 

 

205

 

 

 

422

 

 

410

 

Balance at end of period

 

$

28,718

 

$

27,882

 

 

$

28,718

 

$

27,882

 

Number of Common Shares Issuable Upon Conversion:

 

 

 

 

 

 

Number of shares at beginning of period

 

 

7,127

 

 

6,919

 

 

 

7,074

 

 

6,868

 

Cumulative dividends on Series B preferred stock

 

 

53

 

 

52

 

 

 

106

 

 

103

 

Number of shares at end of period

 

 

7,180

 

 

6,971

 

 

 

7,180

 

 

6,971

 

 

Summary of Common Stock Reserved for Future Issuance

Common Stock Reserved for Future Issuance

Common stock reserved for future issuance as of June 30, 2026 was as follows:

 

 

 

Number of Shares

 

Vesting of RSUs, vesting of performance stock units ("PSUs") and issuance of RSUs vested but not released

 

 

965,173

 

Employee Stock Purchase Plan

 

 

293,888

 

Shares of common stock available for grant under the 2011 Incentive Compensation Plan

 

 

936,912

 

Shares of common stock issuable upon conversion of Series B preferred stock

 

 

7,541,449

 

Total

 

 

9,737,422