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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following summarizes the Company’s stock option plan and the activity for the three months ended March 31, 2024.

 

Shares

 

 

Weighted-Average Exercise Price

 

 

Weighted-Average Remaining Contractual Term (Years)

 

Outstanding, December 31, 2023

 

5,943,898

 

 

$

10.28

 

 

 

6.53

 

Granted

 

 

 

 

 

 

 

 

Exercised or released

 

(48,750

)

 

 

6.11

 

 

 

 

Forfeited or expired

 

(100,430

)

 

 

13.79

 

 

 

 

Outstanding, March 31, 2024

 

5,794,718

 

 

$

10.25

 

 

 

6.34

 

Exercisable, March 31, 2024

 

4,461,561

 

 

$

8.79

 

 

 

5.96

 

Vested and expected to vest at March 31, 2024

 

5,790,110

 

 

$

10.25

 

 

 

6.34

 

Schedule of RSU Activity

The following table summarizes the Company's restricted stock units activity for the three months ended March 31, 2024:

 

Restricted Stock Units

 

 

Weighted-Average Fair Value

 

Outstanding, December 31, 2023

 

1,317,402

 

 

$

17.06

 

Granted

 

1,315,860

 

 

 

12.94

 

Vested

 

(106,564

)

 

 

17.87

 

Forfeited or expired

 

(9,923

)

 

 

16.08

 

Outstanding, March 31, 2024

 

2,516,775

 

 

$

14.87

 

Vested and expected to vest at March 31, 2024

 

2,414,023

 

 

$

14.94