XML 49 R31.htm IDEA: XBRL DOCUMENT
v3.25.3

EQUITY INCENTIVE PLANS​ (Tables) | 9 Months Ended
--- | ---
Sep. 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 September 30, |  | Nine Months Ended September 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Selling, general and administrative | $ | 10,400 |  |  | $ | 6,199 |  |  | $ | 28,157 |  |  | $ | 20,305 |
Research and development | 2,342 |  |  | 2,934 |  |  | 8,360 |  |  | 7,213 |
Total | $ | 12,742 |  |  | $ | 9,133 |  |  | $ | 36,517 |  |  | $ | 27,518 |
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 September 30, 2025 is as follows:
| Unrecognized Compensation Expense (in thousands) |  | Average Remaining Vesting Period (in years)
Stock option grants | $ | 54,878 |  |  | 2.67
RSU grants | $ | 74,606 |  |  | 3.02
ESPP | $ | 276 |  |  | 0.42
Schedule of Stock Option Activity | A summary of our stock option activity and related information for the nine months ended September 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 | 7,557 |  |  | $ | 5.02 |
Options exercised | (1,642) |  |  | $ | 2.17 |
Options forfeited or canceled | (3,857) |  |  | $ | 6.78 |
Balance as of September 30, 2025 | 30,143 |  |  | $ | 5.52 |
Exercisable as of September 30, 2025 | 17,039 |  |  | $ | 5.42 |
Schedule of Restricted Stock Units Activity | A summary of our RSUs activity and related information for the nine months ended September 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 | 10,351 |  |  | $ | 5.13 |
Vested | (2,929) |  |  | $ | 5.84 |
Forfeited | (1,611) |  |  | $ | 6.00 |
Non-vested restricted stock units as of September 30, 2025 | 13,824 |  |  | $ | 5.72 |

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