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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Activity

The table below presents a summary of activity under the 2009 Plan and the 2019 Plan, as of December 31, 2023, and changes during the year then ended:

 

 

 

 

 

Stock Options

 

 

Restricted Stock Units

 

(in thousands, except share and per share amounts)

 

Number of Shares Available for issuance Under the Plan

 

 

Shares

 

 

Weighted-
Average
Exercise
Price Per Share

 

 

Weighted-
Average
Remaining
Contractual
Term (Years)

 

 

Aggregate
Intrinsic
Value

 

 

Shares

 

 

Weighted Average Grant Date Fair Value

 

Outstanding at January 1, 2023

 

 

1,111,428

 

 

 

224,196

 

 

$

8.17

 

 

3.6

 

 

$

 

 

 

833,484

 

 

$

9.77

 

Restricted stock unit grants

 

 

(1,053,367

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,053,367

 

 

 

2.94

 

Exercised options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock unit vesting

 

 

(45,268

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(53,464

)

 

 

5.99

 

Cancelled or forfeited restricted stock units and options

 

 

282,931

 

 

 

(1,350

)

 

 

6.18

 

 

 

 

 

 

 

 

 

(294,216

)

 

 

7.29

 

Outstanding at December 31, 2023

 

 

295,724

 

 

 

222,846

 

 

$

8.19

 

 

 

2.6

 

 

$

 

 

 

1,539,171

 

 

$

5.70

 

Exercisable options at December 31, 2023

 

 

 

 

 

222,846

 

 

$

8.19

 

 

 

2.6

 

 

$

 

 

 

 

 

 

 

Summary of Outstanding RSU's by Vest Date

The table below presents our outstanding RSUs by vest date:

Vest Date

 

RSUs

 

January 1, 2024

 

 

4,708

 

March 31, 2024

 

 

182,401

 

April 19, 2024

 

 

56,035

 

January 1, 2026

 

 

4,708

 

March 15, 2026

 

 

76,220

 

March 31, 2026

 

 

296,872

 

March 31, 2027

 

 

32,491

 

March 15, 2028

 

 

885,736

 

 

 

 

1,539,171