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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Stock-Based Compensation  
Summary of Stock-Based Compensation Expense

The following table presents the details of the Company’s share-based compensation expense (in thousands):

Three Months Ended June 30,

Six Months Ended June 30,

2025

    

2024

2025

    

2024

General and administrative

$

688

$

980

$

1,405

$

1,960

Research and development

437

689

934

1,269

Sales and marketing

133

193

310

347

Cost of sales

161

347

Total stock-based compensation

$

1,419

$

1,862

$

2,996

$

3,576

Summary of stock option activity

Options Outstanding

Weighted-

Weighted-

Average

Average

Aggregate

Exercise

Remaining

Intrinsic

Number of

Price Per

Contractual

Value

Options

    

Share

    

Life (years)

    

(In thousands)

Balance—December 31, 2024

 

1,521,857

$

6.04

 

5.9

$

1,507

Options granted

Options exercised

 

(23,353)

$

2.91

$

70

Options cancelled/forfeited

 

(8,252)

$

6.72

Balance—June 30, 2025

 

1,490,252

$

6.08

5.3

$

1,331

Options exercisable—June 30, 2025

1,421,558

$

6.00

5.3

$

1,328

Schedule of restricted stock unit activity

RSUs Outstanding

    

Weighted-

    

Average

Number of

    

Grant Date

Restricted Stock

    

Fair Value Per

    

Units

    

Share

Balance—December 31, 2024

987,965

$

7.89

Granted

 

885,303

$

5.76

Vested

(426,610)

$

7.23

Cancelled/forfeited

(17,554)

$

6.93

Balance—June 30, 2025

 

1,429,104

    

$

6.78