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STOCK PLANS (Tables)

6 Months Ended

Jun. 30, 2026

Stockholders' Equity Note [Abstract]

Schedule of Recognized Stock-Based Compensation Expense

The Company recognized stock-based compensation expense in the periods presented as follows (in thousands):

						Three Months Ended June 30,												Six Months Ended June 30,
						2026						2025						2026						2025
Cost of goods sold						$	1,809					$	1,682					$	3,452					$	3,398
Research and development						2,605						2,407						4,435						4,648
Selling, general and administrative						10,544						11,383						20,610						21,979
Total						$	14,958					$	15,472					$	28,497					$	30,025
Stock-based compensation from:
Stock options						$	2,941					$	4,309					$	5,949					$	8,749
Restricted stock units						11,159						10,681						21,303						20,287
Performance share units						560						—						696						—
Employee stock purchase plan share options						298						482						549						989
Total						$	14,958					$	15,472					$	28,497					$	30,025

Schedule of Stock Option Activity and RSU and PSU Activity

The following tables contain information about the Company’s stock option, RSU and PSU activity for the six months ended June 30, 2026:

Stock Options						Number of Stock Options						Weighted Average Exercise Price (Per Share)
Outstanding at December 31, 2025						6,374,481						$	40.65
Granted						300,603						22.56
Exercised						(27,947)						16.44
Forfeited						(90,771)						26.77
Expired						(432,996)						44.61
Outstanding at June 30, 2026						6,123,370						$	39.79

						Number of												Weighted Average Grant Date Fair Value (Per Share)
Stock Awards						Restricted Stock Units						Performance Share Units
Unvested at December 31, 2025						4,160,697						—						$	27.87
Granted						2,245,413						202,112						21.86
Vested						(1,205,978)						—						30.60
Forfeited						(355,041)						—						26.00
Unvested at June 30, 2026						4,845,091						202,112						$	24.43

Schedule of Valuation Assumptions

The fair values of stock options granted were estimated using the Black-Scholes option valuation model with the following weighted average assumptions:

Black-Scholes Weighted Average Assumptions						Six Months Ended June 30, 2026
Expected dividend yield						None
Risk-free interest rate						4.10%
Expected volatility						56.6%
Expected term of options						5.74 years

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