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Stock-based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Black-Scholes Option Pricing Model Assumptions

The following table presents 1) assumptions used in the Black-Scholes option pricing model to determine the estimated grant date fair

values of stock options and SARS granted to employees; and 2) options and SARS granted and weighted average grant date fair value.

	Years Ended December 31,
	2025		2024		2023
(Shares in thousands)
Weighted average expected life (years)	4.2		4.0		9.1
Weighted average expected volatility	50.5%		49.0%		60.4%
Risk-free interest rate	3.50% – 4.13%		3.52% – 4.54%		3.87% – 3.87%
Weighted average dividend yield	—%		—%		—%
Stock options and SARS granted	144		721		14
Weighted average grant date fair value	$6.08		$6.36		$8.72

Schedule of Forfeiture Rates

The following table presents the estimated weighted average forfeiture rates for all employees used in determining the expense in the

stock-based compensation expense table above.

	Years Ended December 31,
	2025		2024		2023
Stock options, SARS, RSUs and PRSUs	6.4%		6.3%		6.4%

Schedule of Share-based Compensation Expense

The following table presents the stock-based compensation expense related to the fair value measurement of awards granted to

employees by expense category and by type of award.  All stock-based payment awards are amortized on a straight-line basis over the

requisite service periods of the awards.

	Years Ended December 31,
	2025		2024		2023
(In thousands)
Stock-based compensation expense charged to:
Cost of revenue	$543		$1,076		$719
General and administrative	3,307		4,013		3,661
Sales and marketing	2,859		3,489		2,333
Research and development	1,010		1,744		1,325
Total stock-based compensation expense	$7,719		$10,322		$8,038
Stock-based compensation expense by type of award:
Stock options and SARS	$1,502		$2,334		$1,985
RSUs	6,217		7,988		6,053
Total stock-based compensation expense	$7,719		$10,322		$8,038

Schedule of Stock Option Activity

The following table presents stock option and SARS activities under the Equity Incentive Plans.

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value(1)
	(In thousands)		(Per share)		(In years)		(In thousands)
Balance, December 31, 2022	2,421		$11.02
Granted	14		22.13
Exercised	(511)		9.38				$5,619
Balance, December 31, 2023	1,924		11.54
Granted	721		15.02
Exercised	(767)		9.26				5,260
Forfeited	(270)		18.06
Balance, December 31, 2024	1,608		13.09
Granted	144		14.74
Exercised	(269)		8.93				1,664
Forfeited	(86)		15.49
Balance, December 31, 2025	1,397		$13.91		6.5		$1,758
Vested and exercisable as of December 31, 2025	839		$13.18		5.0		$1,671
Vested and exercisable as of December 31, 2025 and expected to vest thereafter	1,345		$13.87		6.4		$1,750

(1)The aggregate intrinsic value of an exercised option and SARS is calculated as the difference between the exercise price of the underlying option and

SARS and the fair value of the Company’s common stock at the time of exercise.  The aggregate intrinsic value at December 31, 2025 is calculated as

the difference between the exercise price of the underlying outstanding options and SARS and the fair value of the Company’s common stock as of

December 31, 2025 or the last trading day prior to December 31, 2025.

Schedule of Restricted Stock Units Activity

The following table presents RSU activities under the Equity Incentive Plans.

	Number of Shares		Weighted Average Grant Date Fair Value
	(In thousands)		(Per share)
Balance, December 31, 2022	688		$15.51
Awarded	546		23.97
Vested	(294)		14.02
Forfeited	(21)		19.91
Balance, December 31, 2023	919		20.91
Awarded	751		14.85
Vested	(389)		18.79
Forfeited	(281)		20.70
Balance, December 31, 2024	1,000		17.24
Awarded	707		14.48
Vested	(367)		17.34
Forfeited	(277)		16.55
Balance, December 31, 2025	1,063		15.56

The following table presents PRSU activities under the Equity Incentive Plans.

	Number of Shares		Weighted Average Grant Date Fair Value
	(In thousands)		(Per share)
Balance, December 31, 2024	—		$—
Awarded	305		14.69
Vested	—		—
Forfeited	(23)		15.05
Balance, December 31, 2025	281		14.66

Schedule of Vested Stock Options and RSUs

The following table presents the total grant date fair value of equity awards vested during the period.

	Years Ended December 31,
	2025		2024		2023
(In thousands)
Stock options and SARs	$1,991		$857		$2,724
RSUs	6,365		7,298		4,112
PRSUs	—		—		—
Total grant date fair value of equity awards vested during the period	$8,356		$8,155		$6,836

Schedule of Unamortized Compensation Cost and Weighted Average Service Period

The following table presents the unamortized compensation costs and weighted average

service period of all unvested outstanding awards as of December 31, 2025.

	Unamortized Compensation Costs		Weighted Average Service Period
	(In thousands)		(In years)
Stock options and SARs	$2,922		2.0
RSUs	10,079		1.3
PRSUs	3,158		2.0
Total unamortized compensation costs, net of adjusted forfeitures	$16,159

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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.

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