XML 58 R42.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
We recorded the following stock-based compensation expenses for equity-classified awards (in thousands):

For the Year Ended
20242023
Stock-based compensation expense$15,763 $21,235 
Schedule of RSU Activity
The following summarizes RSU activity:
Shares
(in thousands)
Weighted-Average Grant Date Fair Value per Share
Unvested as of December 31, 20234,423 $5.41 
Granted6,135 $1.42 
Vested(4,089)$4.55 
Forfeited(544)$3.14 
Unvested as of December 31, 20245,925 $2.08 
Schedule of Share Based Payment Award Other Than Options Valuation Assumptions The following table sets forth the key assumptions used to determine the fair value:
Input
Risk-free interest rate
4.01% - 4.56%
Term (in years)
2.5 - 7.0
Volatility factor
73.18% - 89.76%
Dividend yield
0.00%
Schedule of Share-Based Payment Arrangement, Option and Stock Appreciation Rights, Activity
A summary of our SARs activity is as follows:

Number of Shares
(in thousands)
Weighted Average Exercise PriceWeighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value (in thousands)
Outstanding at January 1, 2024— $— — $— 
Granted22,446 1.44 
Forfeited/canceled(498)1.44 
Outstanding at December 31, 2024
21,948 1.44 5
Expected to vest as of December 31, 2024
— $1.44 5$—