Stock Incentive Plans (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation Expense Recognized in the Period

The following table presents the share-based compensation expense by award type recognized within the following line items in the Condensed Consolidated Statement of Operations and Comprehensive Loss and Condensed Consolidated Balance Sheet in the periods presented:

	Three Months Ended March 31,
	2025		2024
Restricted stock units	$	23,536	$	24,163
Stock options	2,274		6,611
Performance restricted stock units	(81)		240
Employee Stock Purchase Plan	186		299
Share-based compensation recorded within Compensation and benefits	25,915		31,313
Executive chairman long-term performance award	—		13,121
Property and equipment (capitalized internal-use software)	2,522		2,080
Total share-based compensation expense (benefit)	$	28,437	$	46,514

Schedule of Stock Options Activity Under the Plans

A summary of the Company's RSUs and PSUs activity under the Plans was as follows:

	Number of Units	Weighted- average grant date fair value per share
Balance as of December 31, 2024	33,806	$	5.96
Granted	17,761	$	4.06
Vested	(4,249)	$	6.63
Canceled and forfeited	(5,064)	$	6.11
Balance as of March 31, 2025	42,254	$	5.08

A summary of the Company's stock option activity under the Plans is as follows:

	Number of Options	Weighted- Average Exercise Price per Share		Weighted - Average remaining Contractual Life (Years)	Aggregate Intrinsic Value (1)
Balance as of December 31, 2024	14,962	$	9.19	5.82	$	5,819
Granted	—	—
Exercised	(380)	3.83
Canceled and forfeited	(3,065)	15.99
Balance as of March 31, 2025	11,517	7.55		5.27	$	6,652
Exercisable as of March 31, 2025 (2)	9,830	$	9.53	5.28	$	6,623
Vested as of March 31, 2025	10,017	$	7.55	4.92	$	6,652

(1) Intrinsic value is calculated based on the difference between the exercise price of in-the-money-stock options and the fair value of the common stock as of the respective balance sheet dates.

(2) The 2011 Plan allows for early exercise of stock options. Accordingly, options granted under this plan are included as exercisable stock options regardless of vesting status.