Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation (Tables)

v3.25.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Stock-based Compensation [Abstract]  
Schedule of Unvested Restricted Stock Activity

Restricted Stock – A summary of unvested restricted stock activity is as follows (shares in thousands):

 

    Number of
Shares
    Weighted-
Average
Grant Date
Fair Value
Per Share
 
Unvested at December 31, 2022     1,169     $ 5.95  
Issued     2,375     $ 1.87  
Vested     (547 )   $ 5.61  
Canceled     (56 )   $ 3.14  
Unvested at December 31, 2023     2,941     $ 2.77  
                 
Issued     1,530     $ 1.91  
Vested     (1,597 )   $ 3.08  
Canceled     (143 )   $ 2.16  
Unvested at December 31, 2024     2,731     $ 2.14  
Schedule of Stock-Based Compensation Expense

The fair value of the common stock at vesting aggregated $3,142,000, $929,000 and $6,900,000 for the years ended December 31, 2024, 2023 and 2022, respectively. Stock-based compensation expense related to employee and non-employee restricted stock and option grants recognized in the accompanying consolidated statements of operations, was as follows (in thousands):

 

    Years Ended December 31,  
    2024     2023     2022  
Employees   $ 3,960     $ 3,345     $ 2,689  
Non-employees     397       551       644  
Total stock-based compensation expense   $ 4,357     $ 3,896     $ 3,333