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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2025
Equity [Abstract] |
Stock-Based Compensation Expense | The following table presents stock-based compensation expense in the Company’s consolidated statements of comprehensive income or loss:
|  | Year Ended December 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
|  | (Amounts in thousands) |
Cost of goods sold |  | $ | 2,682 |  |  | $ | 1,948 |  |  | $ | 1,933 |
Research and development |  |  | 5,015 |  |  |  | 3,227 |  |  |  | 2,855 |
Selling, general and administrative(1) |  |  | 24,908 |  |  |  | 42,895 |  |  |  | 20,787 |
Total stock-based compensation |  | $ | 32,605 |  |  | $ | 48,070 |  |  | $ | 25,575 |
(1) Selling, general and administrative stock-based compensation for the year ended December 31, 2024, includes $22.4 million of expense related to the Equity Modification discussed above.
Summary of Option Activity | Information regarding option activity for the year ended December 31, 2025, under the Plans is summarized below:
|  | Shares |  |  | Weighted average exercise price |  |  | Weighted- Average Remaining Contractual Term (in Years) |  |  | Aggregate Intrinsic Value (in Thousands) |
Options outstanding at December 31, 2024 |  |  | 596,206 |  |  | $ | 98.64 |  |  |  |  |  |  |
Granted |  |  | 63,420 |  |  |  | 141.38 |  |  |  |  |  |  |
Exercised |  |  | (78,074 | ) |  |  | 40.68 |  |  |  |  |  | $ | 8,225 |
Forfeited/expired/cancelled |  |  | (18,279 | ) |  |  | 200.56 |  |  |  |  |  |  |
Options outstanding at December 31, 2025 |  |  | 563,273 |  |  | $ | 108.18 |  |  |  | 5.17 |  |  | $ | 34,877 |
Options exercisable at December 31, 2025 |  |  | 363,976 |  |  | $ | 103.55 |  |  |  | 4.42 |  |  | $ | 24,680 |
Vested and expected to vest at December 31, 2025(1) |  |  | 558,404 |  |  | $ | 107.80 |  |  |  | 5.14 |  |  | $ | 34,802 |
(1) Represents the number of vested options as of December 31, 2025 plus the number of unvested options expected to vest as of December 31, 2025, based on the unvested outstanding options at December 31, 2025 adjusted for estimated forfeiture rates of 8% for awards granted to non-executive level employees and 3% for awards granted to executive level employee s.
Summary of Restricted Stock Unit Activity | Information regarding stock unit activity, which includes activity for restricted stock units and performance stock units, for the year ended December 31, 2025 under the Plans is summarized below:
|  | Shares |  |  | Weighted Average Grant Date Fair Value |
Unvested at December 31, 2024 |  |  | 470,612 |  |  | $ | 162.33 |
Awarded |  |  | 294,537 |  |  |  | 144.73 |
Vested |  |  | (156,115 | ) |  |  | 164.37 |
Forfeited/cancelled |  |  | (53,987 | ) |  |  | 172.86 |
Unvested at December 31, 2025 |  |  | 555,047 |  |  | $ | 152.80 |
Vested and expected to vest at December 31, 2025(1) |  |  | 500,406 |  |  | $ | 152.00 |
(1) Represents the number of vested stock units as of December 31, 2025, plus the number of unvested stock units expected to vest as of December 31, 2025 based on the unvested outstanding stock units at December 31, 2025 adjusted for estimated forfeiture rates of 8% for awards granted to non-executive level employees and 3% for awards granted to executive level employees.

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