Company: STAA
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024813
Chunk: 133

Company: STAAR SURGICAL CO
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 133
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        $
        501

        General and administrative

        14,122

        12,125

        9,402

        Selling and marketing

        4,583

        4,083

        4,795

        Research and development

        7,313

        6,592

        5,673

        Total stock-based compensation expense, net

        27,210

        23,516

        20,371

        Amounts capitalized as part of inventory

        1,408

        1,672

        1,881

        Total stock-based compensation expense, gross
         
        $
        28,618

        $
        25,188

        $
        22,252

F-33

STAAR SURGICAL COMPANY AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 

Note 11 — Stockholders’ Equity (Continued)Stock-Based Compensation (Continued)As of December 27, 2024, total unrecognized compensation cost related to non-vested stock-based compensation arrangements granted under the Equity Plan were as follows (in thousands): 

        2024

        Stock options
         
        $
        18,474

        Restricted stock, RSUs and PSUs

        20,512

        Total unrecognized stock-based compensation cost
         
        $
        38,986

       This cost is expected to be recognized over a weighted-average period of approximately two years.AssumptionsThe fair value of each stock option award is estimated on the date of grant using a Black-Scholes option valuation model applying the weighted-average assumptions noted in the following table. Expected volatilities are based on historical volatility of the Company’s stock. The expected term of stock options granted is derived from the historical exercises and post-vesting cancellations, and represents the period of time that stock options granted are expected to be outstanding. The Company has calculated a 8% estimated forfeiture rate based on historical forfeiture experience. The risk-free rate is based on the U.S. Treasury yield curve corresponding to the expected term at the time of the grant.   

        Years Ended

        2024

        2023

        2022

        Expected dividend yield

        0
        %

        0
        %

        0
        %

        Expected volatility