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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of RSU and PSU Activity

The following tables summarize the RSU and PSU activity for the year ended December 31, 2024 and 2023:

 

 

 

Equity Incentive Awards

 

 

Restricted
Stock Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Performance
Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Balance at January 1, 2024

 

 

1,001,634

 

 

$

4.39

 

 

 

2,192,759

 

 

$

5.24

 

 

Granted

 

 

621,524

 

 

 

3.26

 

 

 

1,081,216

 

 

 

3.96

 

 

Settled

 

 

(574,185

)

 

 

4.49

 

 

 

(605,150

)

 

 

5.80

 

 

Forfeited or expired

 

 

 

 

 

 

 

 

(1,191,905

)

 

 

5.05

 

 

Balance at December 31, 2024

 

 

1,048,973

 

 

$

3.66

 

 

 

1,476,920

 

 

$

4.22

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards estimated to vest in the future

 

 

1,048,973

 

 

$

3.66

 

 

 

1,476,920

 

 

$

4.22

 

 

 

 

 

Equity Incentive Awards

 

 

Restricted
Stock Units

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Performance
Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Balance at January 1, 2023

 

 

896,799

 

 

$

4.16

 

 

 

2,323,101

 

 

$

6.26

 

 

Granted

 

 

687,781

 

 

 

4.23

 

 

 

1,222,839

 

 

 

4.80

 

 

Settled

 

 

(553,093

)

 

 

3.80

 

 

 

(1,016,574

)

 

 

5.13

 

 

Forfeited or expired

 

 

(29,853

)

 

 

5.80

 

 

 

(336,607

)

 

 

10.99

 

 

Balance at December 31, 2023

 

 

1,001,634

 

 

$

4.39

 

 

 

2,192,759

 

 

$

5.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Awards estimated to vest in the future

 

 

1,001,634

 

 

$

4.39

 

 

 

2,192,759

 

 

$

5.24