XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.25.2

EQUITY INCENTIVE PLANS​ (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-Based Compensation Expense Recognized | Stock-based compensation expense recognized for stock options, RSUs and our ESPP is recorded as operating expenses in our condensed statements of operations and comprehensive loss, as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Selling, general and administrative | $ | 9,273 |  |  | $ | 8,460 |  |  | $ | 17,757 |  |  | $ | 14,106 |
Research and development | 2,414 |  |  | 2,309 |  |  | 6,018 |  |  | 4,279 |
Total | $ | 11,687 |  |  | $ | 10,769 |  |  | $ | 23,775 |  |  | $ | 18,385 |
Schedule of Total Unrecognized Stock-Based Compensation Expense, Net of Estimated Forfeitures | A summary of our total unrecognized stock-based compensation expense, net of estimated forfeitures, as of June 30, 2025 is as follows:
| Unrecognized Compensation Expense (in thousands) |  | Average Remaining Vesting Period (in years)
Stock option grants | $ | 56,171 |  |  | 2.69
RSU grants | $ | 70,930 |  |  | 3.08
ESPP | $ | 123 |  |  | 0.17
Schedule of Stock Option Activity | A summary of our stock option activity and related information for the six months ended June 30, 2025 is as follows:
| Number of Shares (in thousands) |  | Weighted-Average Exercise Price per Share
Balance as of December 31, 2024 | 28,085 |  |  | $ | 5.63 |
Options granted | 4,873 |  |  | $ | 5.00 |
Options exercised | (781) |  |  | $ | 1.86 |
Options forfeited or canceled | (2,387) |  |  | $ | 7.14 |
Balance as of June 30, 2025 | 29,790 |  |  | $ | 5.51 |
Exercisable as of June 30, 2025 | 16,282 |  |  | $ | 5.41 |
Schedule of Restricted Stock Units Activity | A summary of our RSUs activity and related information for the six months ended June 30, 2025 is as follows:
| Number of RSUs (in thousands) |  | Weighted-Average Grant Date Fair Value per Share
Non-vested restricted stock units as of December 31, 2024 | 8,013 |  |  | $ | 6.59 |
Granted | 7,995 |  |  | $ | 5.07 |
Vested | (1,746) |  |  | $ | 5.98 |
Forfeited | (1,286) |  |  | $ | 5.99 |
Non-vested restricted stock units as of June 30, 2025 | 12,976 |  |  | $ | 5.80 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (i) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration