Quarterly report [Sections 13 or 15(d)]

STOCK-BASED COMPENSATION (Tables)

v3.25.3
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock-based compensation

Stock-based compensation for the periods presented was as follows (in thousands):

Three Months Ended September 30, 

Nine Months Ended September 30, 

2025

    

2024

2025

    

2024

Selling, general and administrative

$

2,961

$

2,360

$

8,172

$

9,067

Research and development

402

284

1,791

1,239

Total stock-based compensation expense

$

3,363

$

2,644

$

9,963

$

10,306

Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of weighted-average assumptions relating to options granted

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2025

2024

    

2025

2024

Risk-free interest rate

3.9

%  

3.8

%  

4.3

%  

4.1

%

Expected term (in years)

6.0

6.0

6.5

6.1

Dividend yield

0.0

%  

0.0

%  

0.0

%  

0.0

%

Expected volatility

91.0

%  

88.7

%  

88.6

%  

87.6

%