Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Stock-Based Compensation Expense

The following table presents stock-based compensation expense in the Company’s condensed consolidated statements of comprehensive income (loss):

	Three Months Ended March 31,
	2025		2024
	(Amounts in thousands)
Cost of goods sold	$	554	$	604
Research and development		1,070		944
Selling, general and administrative		5,649		7,228
Total stock-based compensation	$	7,273	$	8,776

Summary of Option Activity

Information regarding option activity for the three months ended March 31, 2025 under the Plans is summarized below:

	Shares			Weighted average exercise price		Weighted- Average Remaining Contractual Term (in Years)		Aggregate Intrinsic Value (in Thousands)
Options outstanding at December 31, 2024		596,206		$	98.64
Granted		30,281			155.38
Exercised		(26,756	)		54.73
Forfeited/expired/cancelled		(1,197	)		180.48
Options outstanding at March 31, 2025		598,534		$	103.31
Options exercisable at March 31, 2025		390,422		$	92.32
Vested and expected to vest at March 31, 2025(1)		592,365		$	102.70		5.34	$	27,247

(1)Represents the number of vested options as of March 31, 2025 plus the number of unvested options expected to vest as of March 31, 2025 based on the unvested outstanding options at March 31, 2025 adjusted for estimated forfeiture rates of 8% for awards granted to non-executive level employees and 3% for awards granted to executive level employees.

Summary of Restricted Stock Unit Activity

Information regarding stock unit activity, which includes activity for restricted stock units and performance stock units, for the three months ended March 31, 2025 under the Plans is summarized below:

	Shares			Weighted Average Grant Date Fair Value
Unvested at December 31, 2024		470,612		$	162.33
Awarded		188,473			153.67
Vested		(101,837	)		161.52
Forfeited/cancelled		(27,852	)		178.46
Unvested at March 31, 2025		529,396		$	160.21
Vested and expected to vest at March 31, 2025(1)		469,758		$	159.19

(1)Represents the number of vested stock units as of March 31, 2025 plus the number of unvested stock units expected to vest as of March 31, 2025 based on the unvested outstanding stock units at March 31, 2025 adjusted for estimated forfeiture rates of 8% for awards granted to non-executive level employees and 3% for awards granted to executive level employees.