XML 38 R30.htm IDEA: XBRL DOCUMENT v3.25.1

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Stock Option Activity

The following table summarizes the activities for all stock options under the Company’s stock-based compensation plans for the three months ended March 31, 2025:

		Number of Options Outstanding				Weighted-Average Exercise Price				Weighted-Average Remaining Contractual Life		Aggregate Intrinsic Value(1)
		(in thousands)										(in thousands)
Outstanding as of December 31, 2024(2)			8,438			$	12.93
Granted			—			$	—
Exercised			(3	)		$	2.56
Forfeited or expired(3)			(231	)		$	9.99
Outstanding as of March 31, 2025(2)			8,204			$	13.01			4.0 years		$	2
Exercisable as of March 31, 2025(4)			8,079			$	13.06			4.0 years		$	2
Vested and expected to vest as of March 31, 2025(5)			8,204			$	13.01			4.0 years		$	2

(1)The intrinsic value is the amount by which the current market value of the underlying stock exceeds the exercise price of the stock awards.

(2)Includes 3,620 and 3,558 performance condition stock options as of March 31, 2025 and December 31, 2024, respectively.

(3)Includes 62 performance condition stock options.

(4)Includes 3,558 performance condition stock options.

(5)Includes 3,558 performance condition stock options.

Schedule of Stock-based Compensation Expense

The following table provides information about stock-based compensation expense by award type:

		Three Months Ended
		March 31, 2025				March 31, 2024
Stock options		$	334			$	572
Restricted stock units			1,026				807
Employee stock purchase plan			383				156
Total stock-based compensation expense		$	1,743			$	1,535

The following table provides information about stock-based compensation expense by financial statement line item:

		Three Months Ended
		March 31, 2025				March 31, 2024
Cost of revenue (exclusive of depreciation and amortization)		$	—			$	(1	)
Sales and marketing			264				159
Research and development			318				532
General and administrative			1,161				845
Total stock-based compensation expense		$	1,743			$	1,535

Schedule of Restricted Stock Unit Activity

The following table summarizes the activities for all RSUs under the Company’s stock-based compensation plans for the three months ended March 31, 2025:

		Number of Shares				Weighted-Average Grant Date Fair Value Per Share
		(in thousands)
Outstanding and nonvested as of December 31, 2024(1)			1,902			$	4.94
Granted(2)			817			$	3.95
Vested			(232	)		$	6.29
Forfeited(3)			(425	)		$	5.55
Outstanding and nonvested as of March 31, 2025(1)			2,062			$	4.28

(1)Includes 323 and 248 performance condition RSUs as of March 31, 2025 and December 31, 2024, respectively.

(2)Includes 323 performance condition RSUs.

(3)Includes 248 performance condition RSUs.

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ 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

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock units.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration