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Equity Incentive Plans (Tables)

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Options

The activity related to stock options during the nine months ended September 30, 2025 consisted of the following:

						September 30, 2025
						Number of shares (in thousands)						Weighted-average exercise price $
Outstanding at December 31, 2024						9,276						$	11.00
Granted						2,503						7.72
Exercised/released						(441)						7.21
Cancelled/forfeited						(2,228)						12.12
Outstanding at September 30, 2025						9,110						$	10.01

Schedule of Estimated Fair Value of Stock Option

The following weighted-average assumptions were used to estimate the fair value of the options granted during the nine months ended September 30, 2025 and 2024:

						Nine Months Ended September 30,
						2025						2024
Expected volatility						78		%				77		%
Risk-free interest rate						3.99		%				4.08		%
Expected term (in years)						5.0						5.0
Expected dividend yield						0.0		%				0.0%
Fair value per common share option						$	5.03					$	3.82

Schedule of Performance Awards and Restricted Stock Units Activity

The activity related to performance awards and RSUs for the nine months ended September 30, 2025 consisted of the following:

						September 30, 2025
						Number of shares (in thousands)						Weighted-average fair value price
Unvested balance, December 31, 2024						7,986						$	8.08
Granted						1,430						6.81
Vested						(2,684)						8.59
Cancelled/forfeited						(2,141)						8.18
Unvested balance, September 30, 2025						4,591						$	7.34

Schedule of Share-based Compensation Expense

The classification of share-based compensation expense consisted of the following (in thousands):

						Three Months Ended  September 30,												Nine Months Ended September 30,
						2025						2024						2025						2024
Research and development						$	327					$	306					$	755					$	(1,773)
Selling, general and administrative						5,387						7,812						6,751						23,427
Capitalized in inventory, net						205						209						444						996
Share-based compensation expense						$	5,919					$	8,327					$	7,950					$	22,650

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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Tabular disclosure of the changes in outstanding nonvested shares.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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