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Stock Compensation (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Relating to the Company's Options and Performance-Based Options to Purchase Common Stock
The following table summarizes the activity relating to the Company’s options to purchase Common Stock for the three months ended March 31, 2024:
Number of OptionsWeighted-Average Exercise Price Per ShareWeighted-Average Remaining Contractual Term (Years)Aggregate Intrinsic Value
(in thousands)
Outstanding at December 31, 20233,686,191 $13.88 7.47$584 
Granted1,757,000 $2.05 
Forfeited or expired(47,000)$24.57 
Exercised— $— 
Outstanding at March 31, 20245,396,191 $9.94 8.18$1,569 
Vested and expected to vest at March 31, 20245,396,191 $9.94 8.18$1,569 
Exercisable at March 31, 20241,847,040 $22.25 6.02$30 
The following table summarizes the activity relating to the Company’s PBSOs for the three months ended March 31, 2024:
Number of OptionsWeighted-Average Exercise Price Per ShareWeighted-Average Remaining Contractual Term (Years)Aggregate Intrinsic Value
(in thousands)
Outstanding at December 31, 2023661,850 $4.97 8.63$312 
Granted— $— 
Forfeited or expired— $— 
Exercised— $— 
Outstanding at March 31, 2024661,850 $4.97 8.38$242 
Vested and expected to vest at March 31, 2024661,850 $4.97 8.38$242 
Exercisable at March 31, 2024661,850 $4.97 8.38$242 
Summary of Activity Relating to the Company's RSUs
The following table summarizes the activity relating to the Company’s RSUs for the three months ended March 31, 2024:
Number of
RSUs
Weighted-Average
Fair Value Per
Share
Outstanding and unvested December 31, 20233,047,888 $4.69 
Granted3,295,225 $2.08 
Forfeited(18,754)$4.31 
Vested(283,408)$6.55 
Outstanding and unvested March 31, 20246,040,951 $3.18 
Summary of Activity Relating to the Company's PBRSU's
The following table summarizes the activity relating to the Company's PBRSUs for the three months ended March 31, 2024:
Number of
PBRSUs
Weighted-average fair value per share
Outstanding and unvested December 31, 2023160,275 $8.94 
Granted— $— 
Forfeited(3,900)$8.94 
Vested(156,375)$8.94 
Outstanding and unvested March 31, 2024— $—