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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Stock-Based Compensation Expense
Total stock-based compensation expense recognized in the Company’s condensed consolidated statements of operations and comprehensive loss is classified as follows (in thousands):
Three Months Ended
March 31,
20232022
Cost of revenue$162 $176 
Research and development450 724 
Selling and marketing466 693 
General and administrative2,259 3,439 
Total stock-based compensation expense$3,337 $5,032 
Summary of Incentive Stock Units
The table below summarizes the Company’s activity and related information for its ISUs:
RSUs and DSUsPSUs
Number of SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair Value
Unvested at December 31, 20225,020,029 $4.16 3,550,855 $4.33 
Granted2,200,988 $4.39 1,372,107 $4.34 
Performance based adjustment (1)— $— (1,150,777)$4.49 
Vested(1,994,691)$3.91 — $— 
Cancelled or forfeited(96,515)$3.31 (53,029)$4.34 
Unvested at March 31, 20235,129,811 $4.43 3,719,156 $4.21 
Vested and unreleased274,943 — 
Outstanding at March 31, 20235,404,754 3,719,156 
(1) Represents an adjustment to the PSU accrual as of March 31, 2023 based on the expected level of achievement of previously granted awards.
Summary of Company's Stock Option Activity and Related Information
A summary of the Company’s stock option activity and related information is as follows:
Number
of Stock
Options
Outstanding
Weighted-
Average Exercise
Price
Weighted-
Average
Remaining
Contractual Life
(Years)
Aggregate
Intrinsic
Value
(In thousands)
Options outstanding at December 31, 2022
6,748,580 $6.97 5.0$3,307 
Options granted— — 
Options exercised(224,741)$1.28 
Options cancelled or forfeited(250,732)$7.20 
Options outstanding at March 31, 2023
6,273,107 $7.16 4.6$1,530 
Options exercisable at March 31, 2023
6,100,929 $7.30 4.7$1,267 
Options vested and expected to vest at March 31, 2023
6,260,370 $7.17 4.6$1,510