Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-based Compensation (Tables)

v3.26.1
Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Related to Restricted Stock Awards and Units
Shares Weighted Average
Grant Date
Fair Value
Nonvested at December 31, 2023 1,766,417 $ 10.01 
Granted 590,002 2.40 
Vested (1,535,536) (9.33)
Forfeited (274,230) (7.97)
Nonvested at December 31, 2024 546,653 $ 4.72 
Granted —  — 
Vested (348,074) 4.59 
Forfeited (63,998) 8.95 
Nonvested at December 31, 2025 134,581 $ 2.88 
Shares Weighted Average
Grant Date
Fair Value
Nonvested at December 31, 2023 2,191,297 $ 4.94 
Granted 2,049,983  2.02 
Vested (935,943) (4.95)
Forfeited (286,963) (4.25)
Nonvested at December 31, 2024 3,018,374  $ 3.02 
Granted 1,727,471  1.03 
Vested (2,168,287) 2.72 
Forfeited (529,468) 2.62 
Nonvested at December 31, 2025 2,048,090  $ 1.36 
Summary of Stock Option Activity Under the Plans
A summary of stock option activity under the 2017 Plan and 2019 Plan is as follows:
Stock Options Options
Outstanding
Weighted
Average
Exercise Price
Weighted
Average
Remaining
Contractual
Term in
Years
Aggregate
intrinsic value
(in thousands)
Balance at December 31, 2023 147,707 $ 11.87  9.32 $ — 
Granted —  —  —  — 
Exercised —  — 
Forfeited —  —  — 
Balance at December 31, 2024 147,707 $ 11.87  9.32 — 
Granted —  —  — 
Exercised —  —  — 
Forfeited (103,711) 8.22  9.67 — 
Balance at December 31, 2025 43,996 20.46  4.23 — 
Options exercisable at December 31, 2025 43,996 $ 20.46  4.23 $ — 
Schedule of Stock Based Compensation
Stock based compensation related to the Company’s 2019 Plan is reported within the consolidated statement of operations as follows (amounts in thousands):
Year Ended December 31,
2025 2024
Commission and service costs $ 1,724  $ 3,739 
General and administrative 1,945  4,918 
Marketing 35  182 
Total stock-based compensation $ 3,704  $ 8,839