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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Stock-Based Compensation  
Schedule of Stock-Based Compensation Expense

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in thousands)

    

2025

    

2024

    

2025

    

2024

Cost of goods sold (1)

$

4

$

282

$

372

$

834

Research and development

 

1,316

 

2,092

 

5,157

 

6,552

Selling, general and administrative

 

2,069

 

4,494

 

8,653

 

14,032

Stock-based compensation subtotal

3,389

6,868

14,182

21,418

Less: Stock-based compensation from discontinued operations

(67)

(430)

(647)

(1,305)

Total stock-based compensation expense from continuing operations

$

3,322

$

6,438

$

13,535

$

20,113

 

 

 

 

Total stock-based compensation expense capitalized into inventory

$

19

$

313

$

305

$

1,107

(1) Stock-based compensation capitalized into inventory is recognized as cost of goods sold when the related product is sold.