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Stock-Based Incentive Compensation Plans (Tables) | 6 Months Ended
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Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Available for Grant | A summary of shares available for grant under the Company’s 2021 Equity Incentive Plan, or the 2021 Plan, is as follows:
| Shares Available for Grant
Shares available for grant as of January 1, 2025 | 2,201,012 |
Authorized | 1,507,251 |
Granted/Awarded | (1,192,430) |
Cancelled | 146,515 |
Withheld for taxes | 28,471 |
Shares available for grant as of June 30, 2025 | 2,690,819 |
Schedule of Stock Option Activity | A summary of stock option activity for the six months ended June 30, 2025 is set forth below:
| Options Outstanding
| Number of Shares |  | Weighted-Average Exercise Price |  | Weighted Average Remaining Contractual Term (in Years)
Balances as of January 1, 2025 | 2,368,208 |  |  | $ | 6.01 |  |  | 7.27
Granted | 474,472 |  |  | $ | 11.16 |  |  |
Exercised | (122,972) |  |  | $ | 4.32 |  |  |
Cancelled | (54,547) |  |  | $ | 11.62 |  |  |
Balances at June 30, 2025 | 2,665,161 |  |  | $ | 6.89 |  |  | 7.52
Vested and exercisable at June 30, 2025 | 1,680,932 |  |  | $ | 5.18 |  |  | 6.65
Vested and expected to vest at June 30, 2025 | 2,665,161 |  |  | $ | 6.89 |  |  | 7.52
Schedule of Restricted Stock Units | Activity with respect to restricted stock units was as follows:
| Number of Shares Underlying Outstanding Restricted Stock Units |  | Weighted Average Grant Date Fair Value
Unvested, January 1, 2025 | 1,480,338 |  |  | $ | 8.92 |
Granted | 717,958 |  |  | $ | 12.18 |
Vested | (515,459) |  |  | $ | 9.48 |
Cancelled | (91,968) |  |  | $ | 8.93 |
Unvested, June 30, 2025 | 1,590,869 |  |  | $ | 10.21 |
Schedule of Share-based Payment Arrangement, Expensed and Capitalized, Amount | The Company recognized stock-based compensation as follows (in thousands):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Cost of goods sold |  | $ | 173 |  |  | $ | 197 |  |  | $ | 351 |  |  | $ | 359 |
Sales and marketing |  | 761 |  |  | 780 |  |  | 1,544 |  |  | 1,491 |
Research and development |  | 865 |  |  | 796 |  |  | 1,737 |  |  | 1,605 |
General and administrative |  | 1,429 |  |  | 775 |  |  | 2,222 |  |  | 1,633 |
Total stock-based compensation |  | $ | 3,228 |  |  | $ | 2,548 |  |  | $ | 5,854 |  |  | $ | 5,088 |
The above stock-based compensation expense related to the following equity-based awards (in thousands):
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Stock options and restricted stock units |  | $ | 3,090 |  |  | $ | 2,418 |  |  | $ | 5,579 |  |  | $ | 4,822 |
ESPP |  | 138 |  |  | 130 |  |  | 275 |  |  | 266 |
Total stock-based compensation |  | $ | 3,228 |  |  | $ | 2,548 |  |  | $ | 5,854 |  |  | $ | 5,088 |

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