v3.26.1
Stock Incentive and Employee Benefit Plan (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options Outstanding Activity

The following table summarizes stock option activity during the six months ended June 30, 2026 (shares in thousands):

 

 

Options

 

 

Weighted-Average Exercise Price

 

 

 

 

Weighted-Average
Remaining Contractual Life,
in years

 

 

Aggregate Intrinsic Value

 

Outstanding as of December 31, 2025

 

1,504

 

 

$

46.59

 

 

 

 

 

6.4

 

 

$

—

 

Forfeited/Cancelled

 

(29

)

 

 

41.94

 

 

 

 

 

—

 

 

 

—

 

Outstanding as of June 30, 2026

 

1,475

 

 

$

46.68

 

 

 

 

 

6.1

 

 

$

1,860

 

Vested and expected to vest as of June 30, 2026

 

1,475

 

 

 

46.68

 

 

 

 

 

6.1

 

 

$

1,860

 

Exercisable as of June 30, 2026

 

1,008

 

 

$

56.47

 

 

 

 

 

4.9

 

 

$

502

 
Schedule of Stock Options Valuation Assumption Used The Black-Scholes option pricing method requires the use of subjective assumptions. The following assumptions were used in the Black-Scholes option pricing model to estimate stock-based compensation on the date the shares were issued under the ESPP:

 

 

 

Six Months Ended
June 30, 2026

Employee stock purchase plan:

 

 

Expected dividend yield

 

0.00%

Expected volatility

 

93.00%

Risk-free interest rate

 

3.79%

Expected life (in years)

 

0.5