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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Shares Available for Grant and Stock Option Activity
Stock option activity under the Plans is as follows:
 
 
 
Options Outstanding
 
Shares
Available
for Grant
 
Shares
Subject to
Options
Outstanding
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic
Value
 
(in thousands, except per share data and years)
Balance as of December 31, 2019
8,160

 
14,020

 
$
1.85

 
6.7
 
$
325,474

Shares authorized
3,812

 

 
 
 
 
 
 
Exercised

 
(1,247
)
 
$
1.38

 
 
 
 
Forfeited/cancelled
144

 
(144
)
 
$
1.88

 
 
 
 
Restricted stock units and PSUs granted
(726
)
 

 
 
 
 
 
 
Restricted stock units and PSUs forfeited
101

 

 
 
 
 
 
 
Restricted stock units and PSUs withheld for income taxes
375

 

 
 
 
 
 
 
Balance as of March 31, 2020
11,866

 
12,629

 
$
1.89

 
6.4
 
$
336,424

Vested and exercisable as of March 31, 2020
 
 
9,176

 
$
1.53

 
6.0
 
$
247,727


Schedule of Restricted Stock Awards
Restricted Stock Awards
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
 
(in thousands, except per share data)
Unvested balance, December 31, 2019
736

 
$
9.76

Vested
(122
)
 
$
9.76

Unvested balance, March 31, 2020
614

 
$
9.76


Schedule of Restricted Stock Units
 
Restricted
Stock
Units, Performance
RSUs and PSUs
 
Weighted-
Average
Grant Date
Fair Value
 
(in thousands, except per
share data)
Balance as of December 31, 2019
4,708

 
$
11.31

Granted
726

 
$
24.41

Released
(620
)
 
$
8.79

Forfeited
(101
)
 
$
17.95

Balance as of March 31, 2020
4,713

 
$
13.52


Summary of Stock-Based Compensation Expense
Stock-based compensation expense in the condensed consolidated statements of operations is summarized as follows:
 
Three Months Ended March 31,
 
2020
 
2019
 
(in thousands)
Cost of revenue
$
92

 
$
6

Research and development expenses
2,216

 
361

Sales and marketing expenses
2,052

 
219

General and administrative expenses
3,703

 
4,924

Total stock-based compensation expense
$
8,063

 
$
5,510