XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.24.3

Stock-Based Compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Equity [Abstract] |
Share-Based Payment Arrangement, Expensed and Capitalized, Amount | The Company recorded stock-based compensation on the Consolidated Statement of Operations for the three and nine months ended September 30, 2024 and 2023 as follows (in thousands):
|  | Three Months Ended September 30, | Nine Months Ended September 30,
|  | 2024 |  | 2023 | 2024 |  | 2023
Cost of revenue |  | $ | 353 |  |  | $ | — |  | $ | 1,106 |  |  | $ | — |
General and administrative |  | 7,081 |  |  | 7,180 |  | 21,237 |  |  | 17,643 |
Research and development |  | 233 |  |  | — |  | 641 |  |  | — |
Sales and marketing |  | 803 |  |  | — |  | 2,101 |  |  | — |
Total stock-based compensation |  | $ | 8,470 |  |  | $ | 7,180 |  | $ | 25,085 |  |  | $ | 17,643 |
Schedule of Stock Option Activity | A summary of the stock option activity under the Company’s plans for the nine months ended September 30, 2024 is as follows:
|  | Number of Shares |  | Weighted Average Exercise Price
Outstanding at December 31, 2023 |  | 4,381,099 |  |  | $ | 15.87 |
Granted |  | 1,602,783 |  |  | $ | 14.99 |
Exercised |  | (373,522) |  |  | $ | 8.86 |
Forfeited |  | (392,401) |  |  | $ | 16.01 |
Outstanding at September 30, 2024 |  | 5,217,959 |  |  | $ | 19.29 |
Exercisable at September 30, 2024 |  | 1,797,255 |  |  | $ | 19.29 |
Schedule of Fair Value of Each Stock Option Award Granted | The fair value of each stock option award granted during the nine months ended September 30, 2024 was estimated as of the grant date using a Black-Scholes model with the following assumptions:
| Nine Months Ended September 30, 2024
Expected term (in years) | 5.5 - 6.5
Risk-free interest rate (%) | 3.7% - 4.6%
Expected volatility (%) | 54.9% - 64.6%
Dividend yield (%) | —
Weighted average grant date fair value per share | $8.90
Schedule of Restricted Stock Activity | A summary of the restricted stock activity under the Company’s plans for the nine months ended September 30, 2024 is as follows:
|  | Number of Restricted Shares |  | Weighted Average Grant Date Fair Value
Nonvested at December 31, 2023 |  | 1,961,919 |  |  | $ | 13.83 |
Granted |  | 1,010,690 |  |  | $ | 15.02 |
Vested |  | (592,414) |  |  | $ | 14.39 |
Forfeited |  | (177,425) |  |  | $ | 14.24 |
Nonvested at September 30, 2024 |  | 2,202,770 |  |  | $ | 14.19 |
A summary of the PSU activity under the Company’s plans for the nine months ended September 30, 2024 is as follows:
|  | Number of Stock Units |  | Weighted Average Grant Date Fair Value
Nonvested at December 31, 2023 |  | 305,105 |  |  | $ | 21.83 |
Granted |  | 388,513 |  |  | $ | 17.43 |
Vested |  | — |  |  | $ | — |
Forfeited |  | (46,534) |  |  | $ | 19.56 |
Nonvested at September 30, 2024 |  | 647,084 |  |  | $ | 19.35 |
Schedule of Fair Value of PSU Award Granted | The fair value of each PSU granted subject to a market condition during the nine months ended September 30, 2024 was estimated as of the grant date using a Monte Carlo with the following assumptions:
| Nine Months Ended September 30, 2024
Expected term (in years) | 3.0
Risk-free interest rate (%) | 4.5% - 4.7%
Expected volatility (%) | 71.3% - 72.2%
Dividend yield (%) | —
Weighted average grant date fair value per share | $17.43

X
- Definition Schedule of Share-Based Payment Award, Equity Instruments Other Than Options , Valuation Assumptions + References No definition available. + Details
Name: | neo_ScheduleOfShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | neo_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
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 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 the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -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_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration