Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.22.2.2
Stock Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Under Stock Option Plan

The following table summarizes stock option activity under the Plan:

 

 

 

Number of
Options

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average
Remaining
Contractual
Term

 

 

 

 

 

 

 

 

 

(in years)

 

Options outstanding as of December 31, 2021

 

 

21,263,847

 

 

$

2.40

 

 

 

7.2

 

Granted

 

 

—

 

 

$

—

 

 

 

 

Exercised

 

 

(492,064

)

 

$

1.61

 

 

 

 

Forfeited, canceled, or expired

 

 

(667,556

)

 

$

4.38

 

 

 

 

Options outstanding as of March 31, 2022

 

 

20,104,227

 

 

$

2.35

 

 

 

7.1

 

Vested and expected to vest at March 31, 2022

 

 

20,104,227

 

 

$

2.35

 

 

 

7.1

 

Exercisable at March 31, 2022

 

 

12,968,830

 

 

$

1.96

 

 

 

6.4

 

 
Summary of Restricted Stock Units Activity

The following table summarizes stock RSU activity under the Plan:

 

 

 

 

 

Number of Shares

 

 

Weighted Average Grant Date Fair Value per Share

 

Outstanding as of December 31, 2021

 

 

 

 

783,902

 

 

$

3.94

 

RSU granted

 

 

 

 

7,786,850

 

 

$

2.89

 

RSU vested

 

 

 

 

(4,014

)

 

$

3.57

 

RSU forfeited

 

 

 

 

(95,900

)

 

$

3.35

 

Outstanding as of March 31, 2022

 

 

 

 

8,470,838

 

 

$

2.98

 
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,

 

 

 

2022

 

 

2021

 

Cost of revenue

 

$

77

 

 

$

18

 

Research and development

 

 

711

 

 

 

585

 

Sales and marketing

 

 

616

 

 

 

316

 

General and administrative

 

 

885

 

 

 

1,588

 

 

 

$

2,289

 

 

$

2,507