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

Stock-Based Compensation (Tables)

v3.25.4
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Stock-Based Compensation [Abstract]  
Schedule of Unvested Restricted Stock Activity 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, 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  
Issued     1,271     $ 1.16  
Vested     (1,319 )   $ 2.44  
Canceled     (156 )   $ 1.59  
Unvested at December 31, 2025     2,527     $ 1.53  
Schedule of Stock-Based Compensation Expense

The fair value of the common stock at vesting aggregated $1,536,000, $3,142,000 and $929,000 for the years ended December 31, 2025, 2024 and 2023, 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,  
    2025     2024     2023  
Employees   $ 2,823     $ 3,960     $ 3,345  
Non-employees     199       397       551  
Total stock-based compensation expense   $ 3,022     $ 4,357     $ 3,896