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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
Stock option activity during the three months ended March 31, 2025 and 2024 is as follows:
Stock optionsNumber of sharesWeighted average exercise priceWeighted average remaining contractual term (years)Aggregate intrinsic value (in thousands)
Balance at January 1, 20257,488,859 $1.67 
Granted— — 
Exercised
(160,537)0.85 
Forfeited(130,500)1.67 
Expired(77,469)2.58
Balance at March 31, 2025
7,120,353 $1.68 6.01$1,634 
Vested Options Exercisable at March 31, 2025
5,612,075 $1.57 5.32$1,469 
Stock optionsNumber of sharesWeighted average exercise priceWeighted average remaining contractual term (years)Aggregate intrinsic value (in thousands)
Balance at January 1, 20248,525,262$1.74 
Granted— — 
Exercised(84,649)0.86 
Forfeited(59,776)1.38 
Expired— — 
Balance at March 31, 2024
8,380,837 $1.76 6.80$5,006 
Vested Options Exercisable at March 31, 2024
5,178,613 $1.49 6.04$3,295 
Summary of the Activity for the RSUs and RSAs
A summary of the activity for the RSUs for the three months ended March 31, 2025 and 2024, respectively, are shown in the following table:
Three Months Ended March 31,
20252024
Number of SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair Value
Unvested at beginning of year1,509,737 $0.94 2,176,422 $3.50 
Granted3,815,213 1.14 6,787 2.14 
Vested(1,072,022)1.10 (83,020)10.90 
Forfeited(126,886)0.71 (123,783)6.71 
Unvested at end of year4,126,042 $1.09 1,976,406 $2.98 
A summary of the activity for the equity-classified Medical RSUs for the three months ended March 31, 2025 and 2024, respectively, is shown in the following table:
Three Months Ended March 31,
20252024
Balance at beginning of period— — 
Granted997,806 — 
Vested(997,806)— 
Forfeited— — 
Balance at end of period— — 
Summary of Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option
A summary of the activity for the Employees Earnout Shares for the three months ended March 31, 2025 and 2024 is shown in the following table:
Three Months Ended March 31,
20252024
Outstanding at beginning of period— 1,401,064 
Granted— — 
Vested— — 
Forfeited— — 
Outstanding at end of period— 1,401,064