Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.22.2.2
Stock Based Compensation (Tables)
 6 Months Ended
Jun. 30, 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

 

 

(494,664

)

 

$

1.61

 

 

 

 

Forfeited, canceled, or expired

 

 

(1,063,665

)

 

$

3.65

 

 

 

 

Options outstanding as of June 30, 2022

 

 

19,705,518

 

 

$

2.35

 

 

 

7.1

 

Vested and expected to vest at June 30, 2022

 

 

19,705,518

 

 

$

2.35

 

 

 

7.1

 

Exercisable at June 30, 2022

 

 

13,461,187

 

 

$

2.02

 

 

 

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

 

 

 

 

10,001,120

 

 

$

2.66

 

RSU vested

 

 

 

 

(25,345

)

 

$

2.31

 

RSU forfeited

 

 

 

 

(264,448

)

 

$

3.15

 

Outstanding as of June 30, 2022

 

 

 

 

10,495,229

 

 

$

2.74

 
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,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cost of revenue

 

$

43

 

 

$

26

 

 

$

120

 

 

$

44

 

Research and development

 

 

814

 

 

 

668

 

 

 

1,525

 

 

 

1,253

 

Sales and marketing

 

 

735

 

 

 

412

 

 

 

1,351

 

 

 

728

 

General and administrative

 

 

1,317

 

 

 

888

 

 

 

2,202

 

 

 

2,476

 

 

 

$

2,909

 

 

$

1,994

 

 

$

5,198

 

 

$

4,501