Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.22.2.2
Stock Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Under Stock Option Plan

The following table summarizes stock option activity under the 2021 Plan and the 2012 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

 

 

179,119

 

 

$

1.74

 

 

 

 

Exercised

 

 

(494,664

)

 

$

1.61

 

 

 

 

Forfeited, canceled, or expired

 

 

(1,499,247

)

 

$

3.30

 

 

 

 

Options outstanding as of September 30, 2022

 

 

19,449,055

 

 

$

2.34

 

 

 

6.4

 

Vested and expected to vest at September 30, 2022

 

 

19,449,055

 

 

$

2.34

 

 

 

6.4

 

Exercisable at September 30, 2022

 

 

14,001,271

 

 

$

2.09

 

 

 

5.8

 

 
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, 2021

 

 

 

 

783,902

 

 

$

3.94

 

RSUs granted

 

 

 

 

11,020,278

 

 

$

2.56

 

RSUs vested

 

 

 

 

(163,175

)

 

$

3.90

 

RSUs forfeited

 

 

 

 

(719,356

)

 

$

2.89

 

Outstanding as of September 30, 2022

 

 

 

 

10,921,649

 

 

$

2.62

 
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 September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cost of revenue

 

$

60

 

 

$

31

 

 

$

180

 

 

$

75

 

Research and development

 

 

845

 

 

 

590

 

 

 

2,370

 

 

 

1,843

 

Sales and marketing

 

 

766

 

 

 

550

 

 

 

2,117

 

 

 

1,278

 

General and administrative

 

 

1,454

 

 

 

928

 

 

 

3,656

 

 

 

3,404

 

 

 

$

3,125

 

 

$

2,099

 

 

$

8,323

 

 

$

6,600