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Shareholder's Equity and Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Stock Option Activity
The following table sets forth the Company’s stock option activity:
Three Months Ended March 31, 2026
Stock Options Weighted Average
Exercise Price
Outstanding - beginning of period618,681$211.29 
Granted200$428.03 
Exercised(92,266)$138.80 
Outstanding - end of period526,615$224.33 
Exercisable - end of period461,808$207.86 
Schedule of RSA/RSU Activity
The following table sets forth the Company’s RSA/RSU activity:
Three Months Ended
March 31, 2026
Shares/Units
Outstanding and unvested - beginning of period324,517
Granted3,636
Vested(96,931)
Forfeited(2,688)
Outstanding and unvested - end of period228,534
Summary of Stock-Based Compensation Expense Recognized in Statements of Operations Related to Outstanding Stock Based Compensation Awards
Stock-based compensation expense recognized in the condensed consolidated statements of operations related to all outstanding stock based compensation awards is summarized below (in thousands):
Three Months Ended March 31,
20262025
Total direct costs$3,001 $3,027 
Selling, general and administrative1,917 13,865 
Total stock-based compensation expense$4,918 $16,892