Share-Based Expense |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Expense |
Total share-based expense related to stock options and restricted stock units (“RSUs”) was approximately $ and $ for the three months ended June 30, 2025 and 2024, respectively, and approximately $ and $ million for the six months ended June 30, 2025 and 2024, respectively.
Share-based expense is classified in the condensed consolidated statements of operations as follows:
Employee Stock Options and RSU’s
stock option awards to purchase shares of common stock were granted during the three and six months ended June 30, 2025. During the three and six months ended June 30, 2024, stock options to purchase shares of common stock were granted by the Company. RSUs were granted during each of the three and six months ended June 30, 2025 and 2024. The Company recognized a total of approximately $ and $ of share-based expense related to employee stock options during the three months ended June 30, 2025 and 2024, respectively, and approximately $ and $ million during the six months ended June 30, 2025 and 2024, respectively. employee stock options or RSUs were exercised during the three and six months ended June 30, 2025. The Company issued shares of common stock during the three and six months ended June 30, 2024 related to RSUs representing all RSUs outstanding. employee stock options were exercised during the three and six months ended June 30, 2024. During the three and six months ended June 30, 2025, options to purchase shares and shares of common stock expired. During the three and six months ended June 30, 2024, stock options to purchase shares of common stock were forfeited.
Non-Employee Stock Options
There were non-employee stock options granted or exercised during each of the three and six months ended June 30, 2025 and 2024. No non-employee stock option grants expired during each of the three and six months ended June 30, 2025 and 2024. The Company did not recognize any expense related to non-employee stock options during each of the three and six months ended June 30, 2025 and 2024. |
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