v3.25.1
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Assumptions of Stock Options

The following table sets forth the assumptions used at the grant date to determine the fair value of the Company’s stock option awards granted during the three months ended March 31, 2025.

 

 

 

Three Months Ended March 31, 2025

 

Risk-free interest rate

 

 

3.98

%

Expected term (years)

 

 

6.00

 

Volatility

 

 

56.58

%

Dividend yield

 

 

7.22

%

Fair value per stock option

 

$

4.17

 

The following table sets forth the assumptions used at the grant date to determine the fair value of the Company’s performance stock option awards granted during the three months ended March 31, 2025.

 

 

 

Three Months Ended March 31, 2025

 

Risk-free interest rate

 

 

4.12

%

Expected term (years)

 

 

6.07

 

Volatility

 

 

55.32

%

Dividend yield

 

 

7.22

%

Fair value per performance stock option (1)

 

$

3.90

 

Represents the weighted-average fair value at each point of projected exercise under the Monte Carlo valuation method.