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Convertible Preferred Stock and Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Summary of Performance Award And Market Capitalization Milestones

Summary of Performance Award And Market Capitalization Milestones 

Tranche # 

No. of Shares

Subject to PSU

   Market Capitalization
Milestones(1)
 
1   1,000,000   $1,000,000,000 
2   1,500,000   $1,500,000,000 
3   1,500,000   $2,000,000,000 
4   2,000,000   $2,500,000,000 
5   1,000,000   $3,000,000,000 
6   1,000,000   $3,500,000,000 
7   1,000,000   $4,000,000,000 
8   2,000,000   $4,500,000,000 
9   1,000,000   $5,000,000,000 
10   1,000,000   $5,500,000,000 
Total:   13,000,000      
Summary of Option and Stock Appreciation Rights Activity

A summary of the option and stock appreciation rights activity for the six-month period ended June 30, 2022 is as follows:

 

   Number of Options/SARs   Range of Exercise Price   Weighted Average Exercise Price per Share 
Outstanding, December 31, 2021   2,818,012    $0.74 - $9.87   $4.10 
Granted   760,500    $2.66 - $5.21   $4.80 
Exercised   (40,523)   $0.74 - $4.52   $1.11 
Forfeited   (152,863)   $0.74 - $7.70   $4.89 
Outstanding, June 30, 2022   3,385,126    $0.74 - $9.87   $4.26 
Summary of Restricted Stock Unit Activity

A summary of the restricted stock unit activity for the six-month period ended June 30, 2022 is as follows:

 

   Number of Restricted Stock Units   Weighted Average Grant Date Fair Value per Unit 
Outstanding, December 31, 2021   1,164,723   $3.57 
Granted   61,580   $9.56 
Vested   (10,699)  $9.37 
Outstanding, June 30, 2022   1,215,604   $3.82