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Restricted Stock Units (Tables) - Restricted Stock Units (RSUs)
6 Months Ended
Jun. 30, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Outstanding RSUs

The following table sets forth the activity related to the number of outstanding RSUs for the six months ended June 30, 2023 (on a post-reverse split basis):

 


 

 

Number of
shares

 

 

Weighted-
average
grant date
fair value
 (per share)

 

Non-vested as of December 31, 2022

 

 

1,001,396

 

 

$

30.57

 

Vested

 

 

(324,284

)

 

$

24.30

 

Granted

 

 

560,930

 

 

$

2.29

 

Cancelled

 

 

(73,906

)

 

$

30.33

 

Non-vested as of June 30, 2023

 

 

1,164,136

 

 

$

18.71

 

Summary of RSUs Compensation Expense

RSUs compensation expense for the three months ended June 30, 2023 and 2022 was $2.0 million and $8.5 million, respectively. RSUs compensation expense for the six months ended June 30, 2023 and 2022 was $4.0 million and $15.2 million, respectively, which was recorded as follows (in thousands):

 


 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Research and development

 

$

354

 

 

$

1,602

 

 

$

412

 

 

$

2,622

 

Sales and marketing

 

 

110

 

 

 

1,162

 

 

 

378

 

 

 

1,945

 

General and administrative

 

 

1,509

 

 

 

5,726

 

 

 

3,196

 

 

 

10,682

 

 Total

 

$

1,973

 

 

$

8,490

 

 

$

3,986

 

 

$

15,249