Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.23.1
Stock Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity :

 

 

Number of
Options

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term

 

 

 

 

 

 

 

 

(in years)

 

Options outstanding as of December 31, 2022

 

 

19,119,405

 

 

$

2.32

 

 

 

6.1

 

Granted

 

 

—

 

 

$

—

 

 

 

 

Exercised

 

 

—

 

 

$

—

 

 

 

 

Forfeited, canceled, or expired

 

 

(366,423

)

 

$

4.78

 

 

 

 

Options outstanding as of March 31, 2023

 

 

18,752,982

 

 

$

2.27

 

 

 

5.8

 

Vested and expected to vest at March 31, 2023

 

 

18,752,982

 

 

$

2.27

 

 

 

5.8

 

Exercisable at March 31, 2023

 

 

14,919,114

 

 

$

2.12

 

 

 

5.3

 

 
Summary of Restricted Stock Units Activity

The following table summarizes restricted stock unit ("RSU") activity under the 2021 Plan:

 

 

 

 

 

Number of RSUs

 

 

Weighted Average Grant Date Fair Value per Share

 

Outstanding as of December 31, 2022

 

 

 

 

12,380,245

 

 

$

2.46

 

RSUs granted

 

 

 

 

1,891,179

 

 

$

1.05

 

RSUs vested

 

 

 

 

(2,089,229

)

 

$

2.85

 

RSUs forfeited

 

 

 

 

(640,148

)

 

$

2.68

 

Outstanding as of March 31, 2023

 

 

 

 

11,542,047

 

 

$

2.14

 
Schedule of Stock Based Compensation Expense Based on Roles and Responsibilities of Employees

The following table summarizes the components of total stock-based compensation expense based on roles and responsibilities of the employees within the condensed consolidated statements of operations:

 

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Cost of revenue

 

$

77

 

 

$

77

 

Research and development

 

 

651

 

 

 

711

 

Sales and marketing

 

 

437

 

 

 

616

 

General and administrative

 

 

1,481

 

 

 

885

 

 

$

2,646

 

 

$

2,289