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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense Stock-based compensation expense was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Cost of revenues

 

$

886

 

 

$

693

 

 

$

2,384

 

 

$

1,749

 

Selling, general and administrative

 

 

2,036

 

 

 

1,788

 

 

 

5,712

 

 

 

4,934

 

Research and development

 

 

1,112

 

 

 

977

 

 

 

3,149

 

 

 

2,604

 

Total stock-based compensation

 

$

4,034

 

 

$

3,458

 

 

$

11,245

 

 

$

9,287

 

Summary of Compensation Expenses by Type of Award

Compensation expense by type of award was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Stock options

 

$

3,783

 

 

$

3,161

 

 

$

10,416

 

 

$

8,358

 

ESPP

 

 

251

 

 

 

297

 

 

 

829

 

 

 

929

 

Total stock-based compensation

 

$

4,034

 

 

$

3,458

 

 

$

11,245

 

 

$

9,287