Company: TXG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001770787-25-000032
Chunk: 45

Company: 10x Genomics, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 8
Chunk 45
---
 Sweden. Curio did not appeal the preliminary injunction. On March 25, 2024, the Company filed a main request in the Dusseldorf Local Division of the UPC alleging that the Curio Seeker Spatial Mapping Kit and associated products and services infringe the EP 391 patent. A hearing in the main action is expected in May 2025.

5.    Capital Stock

As of March 31, 2025, the number of shares of Class A common stock and Class B common stock issued and outstanding were 109,076,917 and 14,056,833, respectively.

16

Table of Contents10x Genomics, Inc.Notes to Unaudited Condensed Consolidated Financial Statements

 6.    Equity Incentive Plans

Stock-based CompensationThe Company recorded stock-based compensation expense in the condensed consolidated statement of operations for the periods presented as follows (in thousands):Three Months EndedMarch 31,20252024Cost of revenue$2,481 $2,033 Research and development14,106 16,888 Selling, general and administrative14,489 17,208 Total stock-based compensation expense$31,076 $36,129 Restricted Stock UnitsRestricted stock units (“RSUs”) activity for the three months ended March 31, 2025 is as follows:Restricted StockUnitsWeighted-AverageGrant Date Fair Value(per share)Outstanding as of December 31, 20246,493,387 $35.55 Granted2,016,004 12.11 Vested(564,701)47.42 Cancelled(320,043)38.48 Outstanding as of March 31, 20257,624,647 $28.35 Stock OptionsStock option activity for the three months ended March 31, 2025 is as follows:Stock OptionsWeighted-AverageExercise PriceOutstanding as of December 31, 20244,594,582 $45.37 Exercised(277,212)1.52 Cancelled and forfeited(96,812)52.35 Outstanding as of March 31, 20254,220,558 $48.09 Performance Stock Awards In March 2025, the Company granted 561,603 performance stock units (“PSUs”) under the 2019 Plan to certain members of management which are subject to the achievement of certain performance conditions