SHARE-BASED COMPENSATION (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Equity [Abstract] |
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| Schedule of Stock Option Activity |
The following table summarizes stock option activity during the nine months ended September 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted Average | | | | Shares Underlying Options | | Exercise
Price | | Remaining Contractual Term (years) | | Aggregate
Intrinsic Value
(in thousands) | | Outstanding at December 31, 2025 | 8,241,429 | | | $ | 19.91 | | | 5.89 | | $ | 150,796 | | | Granted | 1,371,230 | | | $ | 34.26 | | | | | | | Exercised | (2,933,914) | | | $ | 20.61 | | | | | $ | 90,724 | | | Forfeited/canceled | (103,494) | | | $ | 22.41 | | | | | | | Outstanding at September 30, 2026 | 6,575,251 | | | $ | 22.56 | | | 6.88 | | $ | 238,842 | | | Vested and expected to vest at September 30, 2026 | 6,575,251 | | | $ | 22.56 | | | 6.88 | | $ | 238,842 | | | Exercisable at September 30, 2026 | 4,011,269 | | | $ | 20.37 | | | 5.74 | | $ | 154,459 | |
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| Schedule of Service Based Restricted Stock Activity |
The following table summarizes the Company’s service based restricted stock unit activity during the nine months ended September 30, 2026: | | | | | | | | | | | | | Number of Restricted Stock Units | | Weighted Average Grant Date Fair Value | | Unvested at December 31, 2025 | 4,567,367 | | | $ | 18.02 | | | Granted | 2,447,920 | | | $ | 34.98 | | | Vested | (1,508,401) | | | $ | 18.43 | | | Forfeited/canceled | (254,245) | | | $ | 22.95 | | | Unvested at September 30, 2026 | 5,252,641 | | | $ | 25.57 | |
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| Schedule of Performance Based Restricted Stock Activity |
The following table summarizes the Company’s performance based restricted stock unit activity during the nine months ended September 30, 2026: | | | | | | | | | | | | | Number of Restricted Stock Units | | Weighted Average Grant Date Fair Value | | Unvested at December 31, 2025 | 233,604 | | | $ | 16.35 | | | Granted | 215,730 | | | $ | 24.94 | | | Vested | (229,500) | | | 17.77 | | | Forfeited/canceled | — | | | — | | | Unvested at September 30, 2026 | 219,834 | | | $ | 23.30 | |
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| Schedule of Share Based Compensation Expenses |
The following table sets forth share-based compensation for continuing operations for the three and nine months ended September 30, 2026 and 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Research and development | $ | 7,121 | | | $ | 4,101 | | | $ | 19,553 | | | $ | 12,817 | | | Selling, general and administrative | 16,316 | | | 7,162 | | | 41,819 | | | 20,587 | | | Total share-based compensation | $ | 23,437 | | | $ | 11,263 | | | $ | 61,372 | | | $ | 33,404 | |
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