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Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Equity Based Compensation Expense
Stock-based compensation expense, consisting of service-based expense related to the equity incentive plan, including expense from stock options and restricted stock units, and the employee stock purchase plan was classified as follows in the accompanying condensed consolidated statements of operations for each of the periods presented (in thousands):
Three Months Ended June 30Six Months Ended June 30,
2022202120222021
Cost of revenue$176 $210 $324 $279 
Sales and marketing790 679 1,452 811 
Research and development1,078 2,020 1,630 2,416 
General and administrative2,436 2,360 4,499 3,587 
Total$4,480 $5,269 $7,905 $7,093 
Schedule of Stock Option Activity
Stock option activity was as follows:
Number of OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual Life (years)Aggregate Intrinsic Value
(in thousands)
Outstanding as of December 31, 20217,574,136 $8.60 8.35$52,257 
Exercisable as of December 31, 20212,719,252 $3.44 7.03$31,929 
Granted— — 
Exercised(564,083)$1.65 
Forfeited and expired(380,947)$12.07 
Outstanding as of March 31, 20226,629,106 $8.99 7.81$8,815 
Exercisable as of March 31, 20222,665,039 $5.45 6.30$6,975 
Granted— $— 
Exercised(121,241)$1.55 
Forfeited and expired(649,298)$14.15 
Outstanding as of June 30, 20225,858,567 $8.58 6.86$2,402 
Exercisable as of June 30, 20222,959,753 $6.35 5.45$2,281 
Schedule of Restricted Stock Unit Activity
Restricted Stock Unit activity was as follows:
Number of SharesWeighted Average Grant Date Fair Value
Outstanding as of December 31, 2021171,075 $18.50 
Granted3,183,398 6.24
Vested(593)9.08
Canceled(33,911)16.02
Outstanding as of March 31, 20223,319,969 $6.77 
Granted2,420,126 $5.48 
Vested(174)$5.13 
Canceled(440,535)$7.29 
Outstanding as of June 30, 20225,299,386 $6.11