Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 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:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(Amounts in thousands)
Cost of goods sold	$	612	$	498	$	1,166	$	1,102
Research and development		1,440		503		2,510		1,447
Selling, general and administrative(1)		6,323		8,878		11,972		16,106
Total stock-based compensation	$	8,375	$	9,879	$	15,648	$	18,655

(1)Selling, general and administrative stock-based compensation for the three and six months ended June 30, 2024 includes $5.0 million of expense related to the Equity Modification discussed above.

Summary of Option Activity

Information regarding option activity for the six months ended June 30, 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		57,363			141.95
Exercised		(26,756	)		54.73
Forfeited/expired/cancelled		(8,279	)		191.69
Options outstanding at June 30, 2025		618,534		$	103.31
Options exercisable at June 30, 2025		401,763		$	93.51
Vested and expected to vest at June 30, 2025(1)		612,201		$	102.76		5.36	$	26,346

(1)Represents the number of vested options as of June 30, 2025 plus the number of unvested options expected to vest as of June 30, 2025 based on the unvested outstanding options at June 30, 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 six months ended June 30, 2025 under the Plans is summarized below:

	Shares			Weighted Average Grant Date Fair Value
Unvested at December 31, 2024		470,612		$	162.33
Awarded		251,908			146.93
Vested		(122,517	)		161.66
Forfeited/cancelled		(37,823	)		171.85
Unvested at June 30, 2025		562,180		$	156.29
Vested and expected to vest at June 30, 2025(1)		501,178		$	155.38

(1)Represents the number of vested stock units as of June 30, 2025 plus the number of unvested stock units expected to vest as of June 30, 2025 based on the unvested outstanding stock units at June 30, 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.