v3.25.4
Equity Incentive Plans & Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Plan Activity

Activity under the Company’s stock option plans is set forth below:

 

   Options   Weighted-Average
Exercise Price		   Weighted-Average
Remaining
Contractual Term		 
   (In thousands)   (Per Share Data)   (Years) 
Outstanding as of December 31, 2022   33   $283.50    7.3 
Granted   —   $—      
Exercised   (4)  $136.50      
Forfeited or expired   (4)  $152.25      
Outstanding as of December 31, 2023   25   $320.25    6.2 
Options vested and expected to vest as of December 31, 2023   25   $320.25      
Vested and exercisable as of December 31, 2023   24   $325.50      
                
Outstanding as of December 31, 2023   25   $320.25    6.2 
Granted   —   $—      
Exercised   (3)  $94.50      
Forfeited or expired   (4)  $242.25      
Outstanding as of December 31, 2024   18   $380.70    5.0 
Options vested and expected to vest as of December 31, 2024   18   $380.70      
Vested and exercisable as of December 31, 2024   18   $380.10      
Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes outstanding and expected to vest RSUs as of December 31, 2024 and 2023 and their activity during the year ended December 31, 2024 and 2023:

  

   Number of Shares   Weighted-Average
Grant Date Fair Value		   Aggregate Intrinsic Value 
   (In thousands)   (Per Share Data)   (In thousands) 
Balance as of December 31, 2022   19   $2,352.00   $17,202 
Granted   41    807.90    33,070 
Released   (11)   1,689.75    9,148 
Cancelled   (11)   1,852.80    7,773 
Balance as of December 31, 2023   38   $1,020.00   $7,940 
Expected to vest as of December 31, 2023   38   $1,020.00   $7,940 
                
Balance as of December 31, 2023   38   $1,020.00   $7,940 
Granted   32    49.35    1,549 
Released   (38)   428.10    1,276 
Cancelled   (19)   808.65    1,050 
Balance as of December 31, 2024   13   $714.30   $132 
Expected to vest as of December 31, 2024   13   $714.30   $132 
Schedule of Stock-Based Compensation Expense Included in Cost of Revenue

The following sets forth the total stock-based compensation expense by type of award included in operating expenses on the statements of operations:

  

   2024   2023 
   December 31, 
   2024   2023 
   (In thousands) 
Restricted stock units  $9,637   $16,575 
Stock options   121    515 
Earnout shares - employees   3,958    5,783 
Stock based compensation expense   $13,716   $22,873 

 

The following sets forth the total stock-based compensation expense for the stock options, RSUs, and earnout shares - employees included in operating expenses on the statements of operations:

 

   2024   2023 
   December 31, 
   2024   2023 
   (In thousands) 
Research and development  $4,256   $11,415 
Selling and marketing   2,708    5,689 
General and administrative   6,752    5,769 
Stock based compensation expense   $13,716   $22,873 

 

The following sets forth the total stock-based compensation expense by type of award included in cost of revenue in the statements of operations:

   

   2024   2023 
   December 31, 
   2024   2023 
   (In thousands) 
Restricted stock units  $1,644   $1,995 
Stock options   4    63 
Stock based compensation expense    $1,648   $2,058 

 

The following sets forth the total stock-based compensation expense for the stock options, and RSUs included in cost of revenue on the statements of operations:

 

   December 31, 
   2024   2023 
   (In thousands) 
Cost of 3D Printer  $999   $1,622 
Cost of support services   649    436 
Stock based compensation expense     $1,648   $2,058 
Schedule of Stock-Based Compensation Expense Included in Cost of Revenue

The following sets forth the total stock-based compensation expense by type of award included in cost of revenue in the statements of operations:

   

   2024   2023 
   December 31, 
   2024   2023 
   (In thousands) 
Restricted stock units  $1,644   $1,995 
Stock options   4    63 
Stock based compensation expense    $1,648   $2,058 

 

The following sets forth the total stock-based compensation expense for the stock options, and RSUs included in cost of revenue on the statements of operations:

 

   December 31, 
   2024   2023 
   (In thousands) 
Cost of 3D Printer  $999   $1,622 
Cost of support services   649    436 
Stock based compensation expense     $1,648   $2,058