Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2024

Stockholders' Equity Note [Abstract]

Schedule of Common Stock for Future Issuance

The Company had reserved shares of common stock for future issuance as follows (in thousands):

	As of
	September 30, 2024	December 31, 2023
Stock options outstanding	32,160	40,159
Restricted Stock Units (“RSUs”) outstanding	36,467	39,846
Performance Stock Units (“PSUs”) (1)	2,304	905
CEO Long-Term Performance Award (1)(2)	—	11,500
2020 Equity Incentive Plan	95,773	66,114
2020 Employee Stock Purchase Plan	20,855	16,075
Stock warrants outstanding	264	264
Unregistered stock awards (“RSAs”) outstanding	50	149
Total	187,873	175,012

(1)Represents the shares of common stock reserved for future issuance at the maximum achievement levels.

(2)On March 1, 2024, the Leadership Development and Compensation Committee (i) approved the cancellation of the CEO Long-Term Performance Award, which was previously granted to the CEO under the 2017 Amended and Restated Equity Incentive Plan and (ii) granted Mr. Baszucki a new PSU award and RSU award. The PSUs and RSUs granted to Mr. Baszucki on March 1, 2024 are included in those respective rows above as of September 30, 2024. Refer to Note 12, “Stock-Based Compensation Expense”, to the notes to the condensed consolidated financial statements for further discussion.