v3.24.1.u1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Classification of Stock Based Compensation Expense The following table presents classification of stock-based compensation expense within the unaudited condensed consolidated statements of operations:
Three Months Ended March 31,
20242023
Cost of sales$1,135 $1,298 
Research and development4,066 3,514 
Sales and marketing974 851 
General and administrative6,043 5,217 
Total stock-based compensation$12,218 $10,880 
Summary of Weighted Average Valuation Assumptions Used for Options
Following are the weighted average valuation assumptions used for option awards during the periods presented:
Three Months Ended March 31,
20242023
Valuation assumptions
Expected dividend yield— %— %
Expected volatility65 %68 %
Expected term (years)5.315.07
Risk-free interest rate4.22 %3.86 %