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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Expensed and Capitalized, Amount
During the years ended December 31, 2023, 2022 and 2021 the Company recognized stock-based compensation expense as follows (in thousands):
Years Ended December 31,
202320222021
Subscriber related$211 $144 $71 
Sales and marketing22,886 22,198 7,818 
Technology and development12,024 9,998 13,752 
General and administrative16,094 20,114 31,509 
$51,215 $52,454 $53,150 
Share-based Payment Arrangement, Activity
A summary of stock option activity for the year ended December 31, 2023, is as follows (in thousands, except share and per share amounts):
Number of Shares Weighted Average Exercise PriceTotal Intrinsic ValueWeighted Average Remaining Contractual Life
 (in years)
Outstanding as of December 31, 2022
10,243,772 $6.43 $1,956 6.0
Granted636,298 $2.02 
Exercised(339,842)$1.10   
Forfeited or expired(64,621)$10.67   
Outstanding as of December 31, 2023
10,475,607 $6.31 $6,534 5.3
    
Options vested and exercisable as of December 31, 2023
9,172,874 $6.48 $5,796 5.4
A summary of activity under the Plan for market and service-based stock options for the year ended December 31, 2023 is as follows (in thousands, except share and per share amounts):
Number of SharesWeighted Average Exercise PriceTotal Intrinsic ValueWeighted Average Remaining Contractual Life
(in years)
Outstanding as of December 31, 2022
4,453,297 $12.75 $— 4.7
Outstanding as of December 31, 2023
4,453,297 $12.75 $— 3.7
    
Options vested and exercisable as of December 31, 2023
3,994,964 $11.96 $— 3.6
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The Company estimated the fair value of the warrants granted during the year ended December 31, 2022 using the Monte Carlo valuation model as follows:
Dividend yield
Expected price volatility107.0%
Risk free interest rate2.8%
Expected term (years)10.0
The following was used in determining the fair value of stock options granted during the year ended December 31, 2023:
Dividend yield— %
Expected price volatility49.8 %
Risk free interest rate3.9 %
Expected term (years)6.0
Schedule of Nonvested Restricted Stock Units Activity
A summary of the Company’s time-based restricted stock unit activity during the year ended December 31, 2023 is as follows:
Number of Shares Weighted Average Grant-Date Fair Value
Unvested at December 31, 2022
13,055,629 $5.25 
Granted13,912,089 $2.99 
Vested(3,397,642)$5.82 
Forfeited(3,256,301)$3.72 
Unvested at December 31, 2023
20,313,775 $3.85 
A summary of the Company’s performance-based restricted stock unit activity during the year ended December 31, 2023 is as follows:
Number of SharesWeighted Average Grant-Date Fair Value
Unvested at December 31, 2022
1,520,000 $33.87 
Granted895,834 $2.87 
Vested(286,667)$33.87 
Forfeited(93,333)$33.87 
Unvested at December 31, 2023
2,035,834 $20.23