Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Pre-tax Share-based Compensation Expense

Share-Base Compensation Expense

Pre-tax share-based compensation expense reported in the Company’s statements of operations was (in thousands):

	Three Months ended March 31,
	2021		2020 (1)
Research and development	$	268	$	—
Sales, marketing, general and administrative		1,484		—
Total	$	1,752	$	—

⁽¹⁾ Includes the reversal of performance condition option expense netted against 2020 expense.

Summary of Stock Option Activity

Stock option activity during the three months ended March 31, 2021, excluding the Bonus Option Program described below, was (in thousands, except weighted average exercise price and weighted average contractual life):

	Number of Options			Weighted Average Exercise Price		Weighted Average Contractual Life (Years)		Aggregate Intrinsic Value
Outstanding ‑ January 1, 2021		2,321		$	1.82		7.4	$	42,580
Granted		858			20.55		9.9		285
Forfeited/canceled		(62	)		0.23		—		—
Exercised		(209	)		1.96		—		—
Outstanding ‑ March 31, 2021		2,908		$	7.36		8.1	$	37,655
Exercisable - March 31, 2021		1,294		$	3.97		7.0	$	21,149