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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following table summarizes the stock option activity:

Number of OptionsWeighted Average Exercise Price
Outstanding at December 31, 2025
4,252,490 $5.45 
Granted— $— 
Exercised(1,527,406)$5.17 
Forfeited/Cancelled(95,917)$5.71 
Outstanding at September 30, 2026
2,629,167 $5.60 
Schedule of RSU and PSU Activity
The following table summarizes the RSU and PSU activity under the 2021 Equity Incentive Plan and the 2023 Inducement Plan:
Number of SharesWeighted Average Grant Date Fair Value Per Share
Non-Employee DirectorsDirectors, Officers and Employees Non-Employee DirectorsDirectors, Officers and Employees
Unvested at December 31, 2025
418,924 5,266,468 $4.28 $3.92 
Granted447,917 6,901,685 $3.04 $3.34 
Vested(390,133)(1,919,983)$4.38 $3.70 
Forfeited— (1,080,643)$— $3.50 
Unvested at September 30, 2026
476,708 9,167,527 $3.03 $3.58 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions
The following table summarizes the key input assumptions used in the Black-Scholes option-pricing model to estimate the grant-date fair value of the 2021 ESPP:
September 30, 2026
Expected life of options (in years)0.50
Expected stock price volatility56.53%
Risk free interest rate3.77%
Expected dividend yield—%
Grant-date fair value per share $1.01
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense related to RSU and PSU awards under the 2021 Equity Incentive Plan and the 2023 Inducement Plan, 2021 ESPP purchases and stock options, as applicable, are as follows:

For the three months ended September 30,For the nine months ended September 30,
2026202520262025
(In thousands)
Selling, general and administrative$2,998 $2,200 $8,064 $6,936 
Research and development144 199 558 590 
Total stock-based compensation expense$3,142 $2,399 $8,622 $7,526