v3.26.3
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Summary of Changes in Stock Options Activity

(in thousands)

 

Outstanding

 

 

Weighted-Average Exercise Price

 

 

Aggregate Intrinsic Value

 

Balance as of December 31, 2025

 

 

3,066

 

 

$

7.37

 

 

$

1,173

 

Stock options granted

 

 

0

 

 

 

0

 

 

 

0

 

Exercised

 

 

(319

)

 

 

1.74

 

 

 

482

 

Plan shares expired or canceled

 

 

(633

)

 

 

11.61

 

 

 

2

 

Balance as of September 30, 2026

 

 

2,114

 

 

$

6.95

 

 

$

105

 

Vested and expected to vest

 

 

1,944

 

 

$

6.96

 

 

$

105

 

Exercisable as of September 30, 2026

 

 

298

 

 

$

1.79

 

 

$

433

 

Summary of RSU Table

RSU activity for the nine months ended September 30, 2026 was as follows:

 

(in thousands)

 

Outstanding

 

 

Weighted Average Grant Date Fair Value

 

 

Aggregate Intrinsic Value

 

Balance as of December 31, 2025

 

 

5,518

 

 

$

7.50

 

 

$

22,732

 

Granted

 

 

2,894

 

 

 

2.87

 

 

 

8,304

 

Canceled

 

 

(1,461

)

 

 

7.07

 

 

 

4,531

 

Vested and converted to shares

 

 

(1,580

)

 

 

8.69

 

 

 

4,640

 

Balance as of September 30, 2026

 

 

5,371

 

 

$

4.77

 

 

$

16,972

 

Vested and expected to vest

 

 

3,880

 

 

$

4.97

 

 

$

12,260

 

Market-based PSU and performance-based PSU activity for the nine months ended September 30, 2026 was as follows:

 

(in thousands)

 

Outstanding

 

 

Weighted Average Grant Date Fair Value

 

 

Aggregate Intrinsic Value

 

Balance as of December 31, 2025

 

 

811

 

 

$

7.22

 

 

$

3,341

 

Granted

 

 

1,093

 

 

 

3.02

 

 

 

3,454

 

Canceled

 

 

(135

)

 

 

6.75

 

 

 

427

 

Change in awards based on performance

 

 

(137

)

 

 

5.69

 

 

 

433

 

Vested and converted to shares

 

 

(174

)

 

 

5.52

 

 

 

550

 

Balance as of September 30, 2026

 

 

1,458

 

 

$

4.42

 

 

$

4,607

 

Vested and expected to vest

 

 

1,056

 

 

$

4.62

 

 

$

3,339

 

Summary of Market-based Awards Valuation Assumptions Significant assumptions used in the Monte Carlo simulation model for the market-based PSU awards granted are as follows:

 

 

 

Nine months ended September 30,

 

 

2026

 

2025

Volatility

 

53.10%

 

64.59%

Risk-free interest rate

 

3.47%

 

3.63%

Dividend yield

 

0.00%

 

0.00%