Quarterly report [Sections 13 or 15(d)]

STOCK-BASED COMPENSATION

v3.25.2
STOCK-BASED COMPENSATION
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION
NOTE 18—STOCK-BASED COMPENSATION
The following table summarizes stock-based compensation expense for the periods shown:
Three Months Ended June 30, Six Months Ended June 30,
2025 2024 2025 2024
Selling and marketing $ 79  $ 344  $ 238  $ 617 
General and administrative 3,317  2,824  6,205  5,379 
Research and development 1,212  1,762  2,423  3,728 
Stock-based compensation expense $ 4,608  $ 4,930  $ 8,866  $ 9,724 
Capitalized stock-based compensation $ 170  $ 371  $ 286  $ 768 
As of June 30, 2025, there was approximately $23.3 million and $2.2 million in unrecognized stock-based compensation expense related to restricted stock units and performance stock units that are expected to be recognized over a weighted-average expected vesting period of 2.1 years and 0.7 years, respectively. The Company granted 0.7 million and 5.8
million restricted stock units during the three and six months ended June 30, 2025, respectively. The Company granted 0.1 million and 2.7 million performance stock units during the three and six months ended June 30, 2025, respectively.