XML 54 R44.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stock Award Plans (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Stock Based Award Plans

The following table summarizes information about the Company’s stock-based award plans as of December 31, 2024:

 

 

 

Outstanding
Options

 

 

Outstanding
Restricted
Stock Units

 

 

Shares Available
for Future
Issuance

 

2013 Equity Incentive Plan

 

 

2,553,415

 

 

 

—

 

 

 

—

 

2018 Equity Incentive Plan

 

 

4,718,551

 

 

 

14,128,954

 

 

 

21,533,033

 

Total

 

 

7,271,966

 

 

 

14,128,954

 

 

 

21,533,033

 

Stock Based Compensation Expense Recognized in Consolidated Statements of Operations by Category

Total stock-based compensation expense recognized in the consolidated statements of operations is included in the following categories (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Cost of goods sold

 

$

357

 

 

$

1,589

 

 

$

329

 

Cost of revenue – collaborations and services

 

 

3,701

 

 

 

897

 

 

 

1,425

 

Research and development

 

 

2,238

 

 

 

1,442

 

 

 

1,044

 

Selling, general and administrative

 

 

15,062

 

 

 

13,721

 

 

 

10,649

 

Total

 

$

21,358

 

 

$

17,649

 

 

$

13,447

 

Summary of Stock Options Outstanding

The following table summarizes information relating to stock options:

 

 

 

Number of
Shares

 

 

Weighted
Average Exercise
Price per Share

 

 

Weighted
Average
Remaining
Contractual
Term
(Years)

 

 

Aggregate
Intrinsic
Value ($000)

 

Outstanding as of January 1, 2024

 

 

8,400,611

 

 

$

2.39

 

 

 

4.07

 

 

$

15,153

 

Granted

 

 

—

 

 

 

—

 

 

 

 

 

 

 

Exercised

 

 

(946,464

)

 

 

1.70

 

 

 

 

 

 

 

Forfeited

 

 

(55,500

)

 

 

2.74

 

 

 

 

 

 

 

Expired

 

 

(126,681

)

 

 

22.82

 

 

 

 

 

 

 

Outstanding as of December 31, 2024

 

 

7,271,966

 

 

$

2.12

 

 

 

3.12

 

 

$

32,438

 

Exercisable as of December 31, 2024

 

 

6,868,873

 

 

$

2.11

 

 

 

3.18

 

 

$

30,770

 

 

Summary of Restricted Stock Unit Activity

The following table summarizes information relating to restricted stock units:

 

 

 

Number of
Shares

 

 

Weighted
Average
Grant Date
Fair Value
per Share

 

Outstanding as of January 1, 2024

 

 

12,363,934

 

 

$

4.61

 

Granted

 

 

7,041,502

 

 

 

6.79

 

Vested

 

 

(4,379,263

)

 

 

5.24

 

Forfeited

 

 

(897,219

)

 

 

4.70

 

Outstanding as of December 31, 2024

 

 

14,128,954

 

 

 

5.49