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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following is a summary of stock option activity for the year ended December 31, 2024:

 

 

 

Number
Outstanding

 

 

Average Exercise
Price per Share

 

 

Weighted Average
Remaining
Contractual Term
(Years)

 

 

Aggregate
Intrinsic
Value

 

Balance as of January 1, 2024

 

 

494,960

 

 

$

4.99

 

 

 

2.23

 

 

$

1,725,985

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled or Expired

 

 

(50,500

)

 

 

10.50

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2024

 

 

444,460

 

 

$

4.36

 

 

 

1.43

 

 

$

 

Vested or expected to vest as of December 31, 2024

 

 

444,460

 

 

$

4.36

 

 

 

1.43

 

 

$

 

Exercisable as of December 31, 2024

 

 

444,460

 

 

$

4.36

 

 

 

1.43

 

 

$

 

Summary Information about Stock Options Outstanding

The following table summarizes information about stock options outstanding as of December 31, 2024:

 

 

 

Stock Options Outstanding

 

 

Stock Options Exercisable

 

Range of Exercise Prices

 

Number
Outstanding

 

 

Weighted Average
Remaining
Contractual Life
(Years)

 

 

Weighted Average
Exercise
 Price

 

 

Number
Exercisable

 

 

Weighted Average
Exercise
Price

 

$4.36 - $4.36

 

 

444,460

 

 

 

1.43

 

 

$

4.36

 

 

 

444,460

 

 

$

4.36

 

Summary of Stock Unit Activity

The following is a summary of RSU activity for the year ended December 31, 2024:

 

 

 

Number
Outstanding

 

 

Weighted Average
Fair Value

 

Unvested as of January 1, 2024

 

 

730,062

 

 

$

11.17

 

Granted

 

 

1,290,040

 

 

 

4.39

 

Vested

 

 

(1,098,132

)

 

 

7.19

 

Forfeited

 

 

(114,985

)

 

 

7.26

 

Unvested as of December 31, 2024

 

 

806,985

 

 

$

6.31

 

RSUs vested but not released

 

 

108,382

 

 

$

7.16

 

Stock-Based Compensation Expense Related to Stock Options, RSUs and PSUs

The following table summarizes stock-based compensation expense related to stock options, RSUs, and PSUs included in the consolidated statements of comprehensive income (loss) (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

Cost of revenue

 

$

22

 

 

$

35

 

Research and development

 

 

201

 

 

 

112

 

Selling and marketing

 

 

848

 

 

 

498

 

General and administrative

 

 

2,405

 

 

 

1,424

 

Stock-based compensation expense - continuing operations

 

 

3,476

 

 

 

2,069

 

Stock-based compensation expense - discontinued operations

 

 

5,254

 

 

 

1,902

 

Total

 

$

8,730

 

 

$

3,971

 

Performance Stock Units  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Unit Activity

The following is a summary of PSU activity for the year ended December 31, 2024:

 

 

 

Number
Outstanding

 

 

Weighted Average
Fair Value

 

Unvested as of January 1, 2024

 

 

 

 

$

 

Granted

 

 

477,500

 

 

 

4.07

 

Vested

 

 

(3,750

)

 

 

 

Forfeited

 

 

(56,250

)

 

 

4.07

 

Unvested as of December 31, 2024

 

 

417,500

 

 

$

4.07