Quarterly report [Sections 13 or 15(d)]

STOCK-BASED COMPENSATION

v3.25.3
STOCK-BASED COMPENSATION
 9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Selling and marketing $ 76  $ 355  $ 314  $ 972 
General and administrative 2,116  2,561  8,321  7,940 
Research and development 838  1,668  3,261  5,396 
Stock-based compensation expense $ 3,030  $ 4,584  $ 11,896  $ 14,308 
Capitalized stock-based compensation $ 161  $ 358  $ 447  $ 1,126 
As of September 30, 2025, there was approximately $20.3 million and $0.4 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 1.9 years and 0.4 years, respectively. The Company granted 0.9 million and 6.8 million restricted stock units during the three and nine months ended September 30, 2025, respectively. The Company granted 0.0 million and 2.7 million performance stock units during the three and nine months ended September 30, 2025, respectively.