v3.24.1.u1
Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount
Total share-based compensation expense related to all of the Company's share-based awards, including stock options and restricted stock units (RSUs), granted to employees and directors recognized during the three-month periods ended March 31, 2024 and 2023, was comprised of the following (in thousands):
Three Months Ended March 31,
20242023
Inventoriable costs$417 $342 
Selling, general and administrative9,217 6,980 
Research and development4,209 3,117 
Total share-based compensation expense$13,843 $10,439 
Stock Option Activity
Information regarding the stock options activity, including with respect to grants to employees and directors under the Amended and Restated 2018 Equity Incentive Plan (the Amended 2018 Plan) and 2019 Inducement Award Plan (the 2019 Inducement Plan) as of March 31, 2024, and changes during the three-month period then ended, are summarized as follows:
Number of
Shares
Weighted-
Average
Exercise
Price
Weighted-
Average
Contractual
Life
Outstanding at December 31, 20234,239,982$28.22 5.2 years
Options granted 2024—
Options exercised 2024(461,857)
Options canceled or expired 2024(5,020)
Outstanding at March 31, 20243,773,105$28.99 5.2 years
Vested and expected to vest at March 31, 20243,773,105$28.99 
Exercisable at March 31, 20243,379,986$26.29 4.9 years
Summary of Information Regarding RSU Activity Information regarding the time-based RSU activity, including with respect to grants to employees under the Amended 2018 Plan and 2019 Inducement Plan, and changes during the three-month period ended March 31, 2024 is summarized as follows:
Number of
Shares
Weighted-Average
Grant Date
Fair Value Per Share
Weighted-
Average
Contractual
Life
Outstanding at December 31, 20231,645,130$48.92 1.0 year
Time-based RSUs granted in 2024980,422
Time-based RSUs vested in 2024(697,741)
Time-based RSUs cancelled in 2024(12,676)
Outstanding at March 31, 20241,915,135$59.67 1.6 years