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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2025
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock-based Compensation Expense

The following table summarizes the stock-based compensation expense recognized in accordance with ASC 718-10 for the three months ended March 31, 2025 and 2024:

Three Months Ended

March 31, 

(In thousands)

    

2025

    

2024

Cost of revenues

$

657

$

346

Research and development

 

2,250

 

2,425

Sales and marketing

 

1,586

 

1,604

General and administrative

 

4,190

 

2,039

Total stock-based compensation expense

$

8,683

$

6,414

Performance Based Awards (PSUs)  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity

A summary of PSUs outstanding as of March 31, 2025 and activity during the three months ended, is presented below:

Weighted-Average

Weighted-Average

Remaining

Aggregate

Shares

Grant Date Fair

Contractual Term

Intrinsic Value

    

(In thousands)

    

Value Per Share

    

(In years)

    

(In thousands)

Outstanding at January 1, 2025

 

66

$

69.95

 

 

Granted

 

102

$

58.05

 

 

  

Vested

 

(66)

$

69.95

 

  

 

  

Forfeited

 

 

  

 

  

Outstanding at March 31, 2025

 

102

$

58.05

 

0.75

$

5,159

Outstanding and expected to vest at March 31, 2025

 

92

 

0.75

$

4,638

Long-Term Performance-Based Awards (PRSUs)  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity

A summary of PRSUs outstanding as of March 31, 2025 and activity during the three months ended, is presented below:

Weighted-Average

Aggregate

Weighted-Average

Remaining

Intrinsic

Shares

Grant Date Fair

Contractual Term

Value

    

(In thousands)

    

Value Per Share

    

(In years)

    

(In thousands)

Outstanding at January 1, 2025

 

317

$

73.85

 

 

Granted

 

202

$

56.40

 

  

 

  

Vested

 

 

  

 

  

Forfeited

 

 

  

 

  

Outstanding at March 31, 2025

 

519

$

67.05

 

1.87

$

26,189

Outstanding and expected to vest at March 31, 2025

 

379

2.28

$

19,160

Restricted Stock Units (RSUs)  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity

A summary of RSUs outstanding as of March 31, 2025 and activity during the three months ended, is presented below:

Weighted-Average

Aggregate

Weighted-Average

Remaining

Intrinsic

Shares

Grant Date Fair

Contractual Term

Value

    

(In thousands)

    

Value Per Share

    

(In years)

    

(In thousands)

Outstanding at January 1, 2025

 

929

$

70.82

Granted

 

194

$

55.64

Vested

 

(140)

$

76.30

  

Forfeited

 

(11)

$

73.10

  

Outstanding at March 31, 2025

 

972

$

66.79

1.93

$

49,060

Outstanding and expected to vest at March 31, 2025

 

902

 

1.55

$

45,575