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Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Stock-based Compensation  
Summary of performance share units activity

Weighted-Average

Shares

Grant Date Fair Value

Outstanding as of December 31, 2022

447,770

$

28.71

Granted

216,500

38.71

Vested

(223,170)

27.99

Forfeited

Performance adjustment

62,780

27.14

Outstanding as of December 31, 2023

503,880

$

33.13

Summary of restricted stock units activity

Weighted-Average

Shares

Grant Date Fair Value

Outstanding as of December 31, 2022

2,047,571

$

19.67

Granted

1,278,256

26.25

Vested

(675,647)

19.83

Forfeited

(206,273)

21.91

Outstanding as of December 31, 2023

2,443,907

$

22.88

Summary of stock option activity

 

 

 

Weighted-

 

 

Weighted-

 

Average

 

Average

 

Remaining

Aggregate

Exercise Price

 

Contractual

Intrinsic

    

Shares

    

per Share

    

Term (in years)

    

Value

Outstanding as of December 31, 2022

 

1,683,805

$

18.84

 

5.5

$

7,953

Exercised

 

(498,008)

17.34

Cancelled

 

(9,047)

18.90

Outstanding as of December 31, 2023

 

1,176,750

$

19.48

 

4.3

$

13,297

Exercisable as of December 31, 2023

 

1,158,209

$

19.45

 

4.3

$

13,120

Schedule of fair value assumption using Black-Scholes option-pricing model

Years Ended December 31,

2023

2022

2021

Risk-free interest rate

%  

%  

0.7

%  

Volatility

%  

%  

67.2

%  

Expected term (years)

6.0

Expected dividend yield

%  

%  

%  

Summary of stock-based compensation

Years Ended December 31,

2023

2022

2021

Research and development

$

    

$

1,591

    

$

3,422

Selling, general and administrative

 

27,136

21,283

20,833

Total stock-based compensation expense

$

27,136

$

22,874

$

24,255