Stock-based compensation (Tables)

6 Months Ended

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

The following table summarizes the activity related to the Company’s stock options:


	Number of Options	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in thousands)
Outstanding as of December 31, 2024	3,560,144	$	7.09	4.9	$	—
Granted	—	$	—
Exercised	—	$	—
Cancelled/Forfeited	(206,182)	$	5.81
Outstanding as of June 30, 2025	3,353,962	$	7.17	4.4	$	—
Options exercisable as of June 30, 2025	3,141,587	$	7.15	4.3	$	—
Options vested and expected to vest as of June 30, 2025	3,353,962	$	7.17	4.4	$	—

Schedule of Restricted Stock Units Activity

The following table summarizes the activity related to the Company's restricted stock units:


	Outstanding Restricted Stock Units	Weighted-Average Grant Date Fair Value
Outstanding as of December 31, 2024	4,230,176	$	5.52
Granted	2,495,531	$	2.96
Vested	(1,323,079)	$	5.40
Cancelled	(484,480)	$	5.01
Outstanding as of June 30, 2025	4,918,148	$	4.22

Schedule of Classification of Stock-based Compensation

The following table summarizes the classification of the Company’s stock-based compensation expense in the condensed consolidated statements of operations:


(in thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Cost of revenue	$	97	$	87	$	188	$	167
Sales and marketing	754		980		1,524		1,711
Technology development	945		1,037		1,973		1,774
General and administrative	1,746		1,912		3,907		3,454
Total stock-based compensation expense	$	3,542	$	4,016	$	7,592	$	7,106