Share-Based Compensation

6 Months Ended

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

Share-Based Compensation

13.Share-Based Compensation

Stock compensation expense is recorded in cost of goods sold, research and development, and general and administrative expenses based on the classification of the work performed by the grantees.

The following table sets forth the share-based compensation for the periods presented:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Cost of goods sold	$	124	$	193	$	495	$	524
Research and development		9,183		7,562		20,314		24,538
Selling, general, and administrative		5,232		4,188		10,962		12,440
Restructuring costs		455		—		455		—
Total	$	14,994	$	11,943	$	32,226	$	37,502

Stock compensation expense for the three months ended June 30, 2025 and 2024 included $7,634 of expense and $(1,511) of reduction, respectively, related to awards issuable upon distribution of the Company's annual incentive plans. Stock compensation expense for the six months ended June 30, 2025 and 2024 included $7,634 expense and $5,458 expense, respectively related to awards issuable upon distribution of the Company's annual incentive plans.