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Stock-Based Compensation
 9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation

Note 7 — Stock-Based Compensation

On June 8, 2023, the stockholders of Nektar approved an amendment to the Amended and Restated 2017 Performance Incentive Plan to increase the aggregate number of shares of Common Stock authorized for issuance thereunder by 12,000,000 shares.

We recognized total stock-based compensation expense in our Condensed Consolidated Statements of Operations as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Cost of goods sold

 

$

841

 

 

$

720

 

 

$

2,454

 

 

$

2,037

 

Research and development

 

 

3,202

 

 

 

5,422

 

 

 

11,107

 

 

 

22,215

 

General and administrative

 

 

4,106

 

 

 

5,369

 

 

 

12,573

 

 

 

18,401

 

Restructuring, impairment and other costs of terminated program

 

 

—

 

 

 

1,007

 

 

 

—

 

 

 

1,929

 

Total stock-based compensation

 

$

8,149

 

 

$

12,518

 

 

$

26,134

 

 

$

44,582