XML 47 R33.htm IDEA: XBRL DOCUMENT v3.26.1
Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Equity-Based Compensation  
Schedule of fair value of stock options issued

 

Year Ended

 

December 31,

 

2025

 

 

2024

 

Expected volatility

 

67.8 - 78.6

%

 

67.80 - 70.40

%

Expected term (years)

 

3.50 - 6.11

 

 

6.06 - 6.11

 

Expected dividends

 

 

 

          

 

Risk-free rate

 

3.66 - 4.47

%

 

3.54 - 4.43

%

Schedule of summarizes stock option activity

 

 

Number of Shares

 

 

Weighted Average Exercise Price per Unit

 

 

Weighted-Average Remaining Contractual Term (in years)

 

 

Aggregate Intrinsic Value

 

(in thousands, except per share data)

Options outstanding at December 31, 2024

 

3,628

 

$

3.94

 

 

8.07

 

$

42,142

Granted

 

1,368

 

 

13.30

 

 

 

 

Cancelled

 

548

 

 

6.87

 

 

 

 

Expired

 

 

 

 

 

 

 

Exercised

 

621

 

 

3.15

 

 

 

 

Options outstanding at December 31, 2025

 

3,827

 

$

7.00

 

 

7.80

 

$

37,174

Options exercisable at December 31, 2025

 

1,797

 

$

3.45

 

 

6.61

 

$

23,700

Options exercisable at December 31, 2024

 

1,391

 

$

2.17

 

 

6.63

 

$

18,625

Unvested at December 31, 2025

 

2,031

 

$

10.14

 

 

8.86

 

$

37,174

Unvested at December 31, 2024

 

2,237

 

$

5.05

 

 

8.97

 

$

23,517

Schedule of summarizes RSA and RSU activity

 

 

Restricted Stock Units

 

 

Restricted Stock Awards

 

 

Total Restricted Awards

 

 

Weighted-Average Grant-Date Fair Value

 

(in thousands, except per share data)

Units nonvested at January 1, 2025

 

4,401

 

 

231

 

 

4,632

 

$

4.49

Units granted in 2025

 

1,258

 

 

120

 

 

1,378

 

 

12.16

Units cancelled in 2025

 

424

 

 

 

 

424

 

 

6.48

Units vested in 2025

 

1,901

 

 

146

 

 

2,047

 

 

5.68

Units nonvested at December 31, 2025

 

3,334

 

 

205

 

 

3,539

 

$

6.50