v3.26.3
Share-based Compensation (Tables)
9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense

The following table presents share-based compensation expense included in the accompanying condensed consolidated statements of operations and comprehensive (loss) income:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Cost of goods manufactured and sold

 

$

1,834

 

 

$

1,621

 

 

$

5,519

 

 

$

4,882

 

Research and development

 

 

6,953

 

 

 

6,435

 

 

 

23,640

 

 

 

18,836

 

Selling, general and administrative

 

 

17,960

 

 

 

16,608

 

 

 

65,057

 

 

 

48,723

 

Share-based compensation expense

 

 

26,747

 

 

 

24,664

 

 

 

94,216

 

 

 

72,441

 

Research and development

 

 

—

 

 

 

—

 

 

 

5,940

 

 

 

—

 

Selling, general and administrative

 

 

—

 

 

 

—

 

 

 

12,468

 

 

 

—

 

Share-based compensation expense for acceleration of Avadel Shares

 

 

—

 

 

 

—

 

 

 

18,408

 

 

 

—

 

Total share-based compensation expense

 

$

26,747

 

 

$

24,664

 

 

$

112,624

 

 

$

72,441