v3.26.3
Stock-Based Compensation
 9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation
10. Stock-Based Compensation
Restricted Stock Units
The following summarizes the restricted stock unit (“RSU”) activity for the nine months ended September 30, 2026:
Number of awards outstandingWeighted-average grant date fair value
(Per share)
Nonvested RSUs as of December 31, 20255,534,657 $15.91 
Granted1,046,186 17.92 
Vested(2,178,723)17.32 
Forfeited(284,035)15.47 
Nonvested RSUs as of September 30, 20264,118,085 $15.89 
As of September 30, 2026, total unrecognized compensation cost related to non-vested RSUs was $52.1 million, which will be amortized over a weighted-average period of 1.91 years.
Stock-Based Compensation Expense
The Company recognized total stock-based compensation expense as follows:
Three months ended September 30,Nine months ended September 30,
2026202520262025
(In thousands)
Cost of revenue$319 $542 $1,208 $1,597 
Research and development5,634 5,622 17,045 16,703 
Sales and marketing1,770 1,799 5,233 5,940 
General and administrative5,769 4,365 15,603 14,208 
Total$13,492 $12,328 $39,089 $38,448