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Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2026

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-Based Compensation Expense

Stock-based compensation expense is reported in the Company's condensed consolidated statements of operations as follows (in thousands):

		Three Months Ended March 31,
		2026				2025
Cost of product revenue		$	424			$	111
Cost of services and other revenue			117				131
Research and development expense			162				339
Selling, general and administrative expense			4,298				7,468
Total stock-based compensation expense		$	5,001			$	8,049

Summary of Award Activity for Stock Options and RSUs

The following table summarizes our award activity for stock options and RSUs for the three months ended March 31, 2026 (in thousands):

		Stock Options				RSUs
Balance at December 31, 2025			32,547				19,478
Granted			4,968				5,564
Exercised or issued			(67	)			(3,752	)
Forfeited			(1,040	)			(1,052	)
Balance at March 31, 2026			36,408				20,238

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- 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

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