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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense Stock-based compensation expense was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Cost of product revenues

 

$

899

 

 

$

744

 

 

$

1,866

 

 

$

1,498

 

Selling, general and administrative

 

 

1,790

 

 

 

1,757

 

 

 

3,984

 

 

 

3,676

 

Research and development

 

 

1,020

 

 

 

930

 

 

 

2,208

 

 

 

2,037

 

Total stock-based compensation

 

$

3,709

 

 

$

3,431

 

 

$

8,058

 

 

$

7,211

 

Summary of Compensation Expenses by Type of Award

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Stock options

 

$

3,386

 

 

$

3,167

 

 

$

7,463

 

 

$

6,633

 

ESPP

 

 

323

 

 

 

264

 

 

 

595

 

 

 

578

 

Total stock-based compensation

 

$

3,709

 

 

$

3,431

 

 

$

8,058

 

 

$

7,211