Spire Global, Inc. Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

Stock Based Compensation (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

The following table summarizes stock option activity under our equity compensation plans:


	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		491,573		$	0.67
Forfeited, canceled, or expired		(713,373	)	$	4.85
Options outstanding as of June 30, 2023		18,897,605		$	2.18		5.7
Vested and expected to vest at June 30, 2023		18,897,605		$	2.18		5.7
Exercisable at June 30, 2023		15,373,973		$	2.10		5.2

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		7,376,525		$	0.73
RSUs vested		(3,474,479	)	$	2.52
RSUs forfeited		(1,259,297	)	$	2.38
Outstanding as of June 30, 2023		15,022,994		$	1.60

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Cost of revenue	$	48	$	43	$	125	$	120
Research and development		902		814		1,553		1,525
Sales and marketing		619		735		1,056		1,351
General and administrative		1,771		1,317		3,252		2,202
	$	3,340	$	2,909	$	5,986	$	5,198