XML 43 R32.htm IDEA: XBRL DOCUMENT v3.25.3
Share-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Compensation  
Schedule of stock option activity

    

    

Weighted

    

Weighted-

    

    

Average

Average

Aggregate

Exercise

Contractual

Intrinsic

Options Outstanding

Price Per Share

Life (in years)

Value (in thousands)

Outstanding, December 31, 2024

 

8,131,235

$

1.01

 

8.04

$

115,878

Granted

 

 

 

 

Exercised

 

(1,993,596)

0.91

 

 

24,953

Forfeited and expired

 

 

 

 

Outstanding and expected to vest, September 30, 2025

6,137,639

$

1.04

7.43

$

176,445

Exercisable, September 30, 2025

 

3,442,523

$

0.82

 

6.65

$

99,736

Schedule of activity related to restricted stock units

Weighted Average

Grant Date Fair

    

Shares

    

Value

Non-vested at December 31, 2024

 

11,177,661

$

1.53

Granted

 

3,643,080

13.78

Vested

 

(6,154,069)

1.79

Forfeited

 

(255,538)

1.56

Non-vested at September 30, 2025

 

8,411,134

$

6.65

Schedule of total stock-based compensation expenses

The table below summarizes total stock-based compensation expenses for the three and nine months ended September 30, 2025 and September 30, 2024 (in thousands):

Three Months Ended September 30,

Nine Months Ended September 30,

    

2025

    

2024

    

2025

    

2024

Research and development

$

3,168

$

2,379

$

8,445

$

6,567

Selling, general and administrative expenses

1,131

1,048

3,582

3,138

Total stock-based compensation expenses

$

4,299

$

3,427

$

12,027

$

9,705