Convertible Preferred Stock and Stockholders’ Equity (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

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 nine-month period ended September 30, 2023, is as follows:

	Number of Options/SARs			Range of Exercise Price		Weighted Average Exercise Price per Share
Outstanding, December 31, 2022		3,208,065			$0.74 - $9.87	$	4.21
Granted		718,000			$1.51- $2.57	$	2.54
Exercised		(30,188	)		$0.74 - $2.03	$	1.14
Forfeited		(126,202	)		$0.82 - $9.20	$	3.82
Outstanding, September 30, 2023		3,769,675			$0.74 - $9.87	$	3.93

Summary of Restricted Stock Unit Activity

A summary of the restricted stock unit activity for the nine-month period ended September 30, 2023, is as follows:

	Number of Restricted Stock Units			Weighted Average Grant Date Fair Value per Unit
Outstanding, December 31, 2022		1,208,739		$	4.21
Granted		610,038		$	1.97
Vested		(316,646	)	$	1.17
Outstanding, September 30, 2023		1,502,131		$	3.94