EQUITY TRANSACTIONS AND STOCK INCENTIVE PLAN (Tables)

9 Months Ended

Sep. 30, 2026

Share-Based Payment Arrangement [Abstract]

The following table summarizes the Company’s stock option activity during the nine months ended September 30, 2026:


	Stock	Weighted	Weighted
	Options	Average	Average		Intrinsic
	Outstanding	Remaining	Exercise		Value
	(in millions)	Term (in years)	Price		(in millions)
Outstanding at January 1, 2026	1.1	5.7	$	17.16	$	—
Granted	—		$	—
Exercised	—
Forfeited	(0.3)		$	17.43
Expired	—		$	—
Outstanding at September 30, 2026	0.8	5.0	$	17.08	$	—
Exercisable at September 30, 2026	0.8	5.0	$	17.23	$	—

Schedule of RSU Activity

The following table summarizes the Company’s RSU activity during the nine months ended September 30, 2026:


		Weighted		Total Fair
		Average		Value of
	Shares	Grant Date		Shares Vested
	(in millions)	Fair Value		(in millions)
Outstanding at January 1, 2026	18.4	$	5.94
Granted	5.5	$	3.89
Vested	(4.1)	$	7.01	$	12.1
Forfeited	(1.8)	$	6.67
Outstanding at September 30, 2026	18.0	$	5.00

Schedule of RSUs and PSUs, Valuation Assumptions

The table below summarizes the assumptions used for the RSUs granted during the nine months ended September 30, 2025:


Risk-free interest rate									3.62% - 4.22%
Expected dividend yield									5.42% - 10.58%
Expected term in years									2.3 - 3.1

The table below summarizes the assumptions used for the TSR PSUs granted during the nine months ended September 30, 2026:


Risk-free interest rate									4.22%
Expected dividend yield									—%
Expected term in years									3.1

Schedule of PSU Activity

The following table summarizes the Company’s PSU activity during the nine months ended September 30, 2026:


		Weighted		Total Fair
		Average		Value of
	Shares(1)	Grant Date		Shares Vested
	(in millions)	Fair Value		(in millions)
Outstanding at January 1, 2026	10.8	$	5.02
Granted	3.8	$	2.19
Vested	(2.1)	$	7.14	$	7.4
Forfeited	(2.7)	$	3.92
Outstanding at September 30, 2026	9.8	$	3.76

________

(1) The number of PSUs outstanding represent the total number of PSUs granted to each recipient eligible to vest if the Company meets its highest specified performance goals for the applicable period.

Schedule of Stock Based Compensation Cost by Award

The following table summarizes stock-based compensation costs as reported by award type (in millions):


	Three months ended September 30,				Nine months ended September 30,
	2026		2025		2026		2025
Stock options	$	0.1	$	0.2	$	0.2	$	0.8
RSUs	10.1		14.8		30.9		43.8
PSUs	(4.2)		7.1		1.8		21.0
Total stock-based compensation costs	$	6.0	$	22.1	$	32.9	$	65.6

Schedule of Stock Based Compensation Costs, Net of Amounts Capitalized

The following table summarizes stock-based compensation costs, net of amounts capitalized, as reported on the Company’s consolidated statement of comprehensive income (in millions):


	Three months ended September 30,				Nine months ended September 30,
	2026		2025		2026		2025
Research and development expenses	$	2.1	$	4.1	$	6.3	$	12.9
Sales and marketing expenses	0.6		1.0		2.0		2.5
General and administrative expenses	3.3		16.7		24.4		49.4
Total stock-based compensation costs, net of amounts capitalized	$	6.0	$	21.8	$	32.7	$	64.8