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Stock-based Compensation
 6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Stock-based Compensation Stock-based Compensation
The Company has various stock compensation plans, which are more fully described in Part II, Item 8 "Financial Statements and Supplementary Data - Note 8 to the Consolidated Financial Statements - Share-based Compensation" in the 2023 Annual Report on Form 10-K.

Under the 2021 Incentive Award Plan, the Company has the ability to grant options, stock appreciation rights, restricted stock, restricted stock units (“RSU”), performance stock units (“PRSU”), dividend equivalents, or other stock or cash-based awards to employees, directors, or consultants. Option awards are generally granted with an exercise price equal to the fair value of the Company’s common stock at the date of grant. Options, RSU, and PRSU awards generally vest over a period of four years.

Stock-based Compensation Expense

Total stock-based compensation was recognized as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
General and administrative$1,234 $1,461 $2,517 $2,897 
Sales and marketing367 476711 968
Research and development503 7071,103 1,568
Total stock-based compensation$2,104 $2,644 $4,331 $5,433 

There was no stock-based compensation capitalized during the three or six months ended June 30, 2024 or 2023.

As of June 30, 2024, the Company had $482 of unrecognized stock-based compensation costs related to non-vested options that will be recognized over a weighted-average period of 0.5 years, $6,500 of unrecognized stock-based compensation costs related to unvested RSUs that will be recognized over a weighted-average period of 1.9 years, and $257 of unrecognized stock-based compensation costs related to unvested PRSUs that will be recognized over a weighted-average period of 1.5 years.