Quarterly report [Sections 13 or 15(d)]

STOCK-BASED COMPENSATION (Tables)

v3.25.2
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 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 June 30, 

Six Months Ended June 30, 

2025

    

2024

2025

    

2024

Selling, general and administrative

$

2,759

$

2,223

$

5,211

$

6,707

Research and development

517

305

1,389

955

Total stock-based compensation expense

$

3,276

$

2,528

$

6,600

$

7,662

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 June 30, 

Six Months Ended June 30, 

    

2025

2024

    

2025

2024

Risk-free interest rate

4.1

%  

4.5

%  

4.3

%  

4.2

%

Expected term (in years)

6.0

6.0

6.5

6.2

Dividend yield

0.0

%  

0.0

%  

0.0

%  

0.0

%

Expected volatility

90.5

%  

88.1

%  

88.6

%  

87.4

%