XML 42 R31.htm IDEA: XBRL DOCUMENT v3.25.2
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
A summary of the stock option activity for the six months ended June 30, 2025 is as follows:
(number of shares in millions)Number
of
Shares		Weighted
Average
Exercise
Price
Options outstanding at December 31, 20240.7 $13.38 
Options outstanding at June 30, 20250.7 $13.38 
Options exercisable at June 30, 20250.5 $13.38 
Schedule of Restricted Stock Unit Activity
A summary of the RSU awards activity under the Company’s equity plan and inducement awards, including PSU awards, for the six months ended June 30, 2025 is as follows:
(number of shares in millions)Number
of
Shares		Weighted
Average
Grant Date
Fair Value
RSUs unvested and outstanding at December 31, 20245.3 $23.66 
RSUs granted4.3 $6.95 
Less:
RSUs vested(1.6)$25.21 
RSUs canceled(0.4)$20.84 
RSUs unvested and outstanding at June 30, 20257.6 $12.55 
Schedule of Shares Purchased and Compensation Expense Shares purchased under, and compensation expense associated with, the Amended and Restated 2012 Purchase Plan for the three and six months ended June 30, 2025 and 2024 are as follows:
Three months ended
June 30,		Six months ended
June 30,
(in millions)2025202420252024
Shares purchased under the plan
0.7 0.2 0.7 0.2 
Plan compensation expense$0.3 $0.5 $0.8 $1.0 
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense recognized and included in the Condensed Consolidated Statements of Operations and Comprehensive Loss was allocated as follows:
Three months ended
June 30,		Six months ended
June 30,
(in millions)2025202420252024
Cost of revenue$0.3 $0.4 $0.6 $0.7 
Research and development expense2.0 1.6 4.1 2.8 
Sales and marketing expense2.0 2.6 3.5 4.5 
General and administrative expense6.4 9.9 12.0 18.5 
Total stock-based compensation expense$10.7 $14.5 $20.2 $26.5