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Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Expense for Share-Based Compensation Arrangements

Compensation expense included in the Company’s consolidated statements of loss for all share-based compensation arrangements was as follows for the years ended December 31, 2024, 2023, and 2022:

Share-based Compensation Expense:						2024						2023						2022
Selling, general and administrative						$	19,532					$	15,248					$	6,844
Research and development						856						563						169
Total share-based compensation expense						$	20,388					$	15,811					$	7,013

Schedule of Weighted-Average Assumptions

The weighted-average assumptions under the Black-Scholes option-pricing model for stock option grants as of December 31, 2024, 2023 and 2022 are as follows:   

Stock Option Assumptions:						2024						2023						2022
Stock option grants:
Expected term (years)						6.2						6.2						6.1
Expected volatility						104.1		%				100.1		%				93.4		%
Risk-free interest rate						4.3		%				3.9		%				2.7		%
Expected dividend yield						—						—						—

Summary of Stock Option Activity

A summary of the combined stock option activity and other data for the Company’s stock option plans for the year ended December 31, 2024 is as follows:   

Stock Option Activity and Other Data:						Number of Stock Options						Weighted Average Exercise Price per Share						Weighted Average Remaining Contractual Life						Aggregate Intrinsic Value
Stock options outstanding, January 1, 2024						10,299						$	7.29
Granted						2,961						13.75
Exercised						(734)						7.30
Forfeited						(468)						11.65
Expired						(266)						16.30
Stock options outstanding, December 31, 2024						11,792						$	8.53					6.8						$	34,411
Stock options exercisable, December 31, 2024						7,799						$	6.53					5.7						$	32,380

Summary of Restricted Share Awards

A summary of the Company’s restricted share awards as of December 31, 2024, and changes during the year then ended, is reflected in the table below. 

Restricted Share Activity and Other Data:						Number of Restricted Share Awards						Weighted Average Grant Date Fair Value
Non-vested restricted share awards outstanding, January 1, 2024						23						$	8.20
Granted						142						15.36
Vested						(11)						8.20
Forfeited						(4)						12.60
Non-vested restricted share awards outstanding, December 31, 2024						150						$	14.88

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options and Warrants grants.

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