Share-based compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Based Compensation

The Company recognized stock-based compensation expense for all equity arrangements as follows:

	Three Months Ended March 31,
	2023		2022
	(in thousands)
Cost of revenue:
Subscription	$	2,267	$	1,955
Services	309		304
Sales and marketing	7,499		5,859
Research and development	5,033		3,859
General and administrative	4,442		4,033
	$	19,550	$	16,010

Schedule of Stock-Option Activity

The table below summarizes return target option activity for the three months ended March 31, 2023:

	Options	Weighted‑ Average Exercise Price		Weighted‑ Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in thousands)
Outstanding, December 31, 2022	3,272,920	$	6.75	5.8	$	47,623
Granted	—	—
Exercised	(347,234)	7.37
Forfeitures	—	—
Outstanding, March 31, 2023	2,925,686	$	6.68	5.2	$	37,287
Options exercisable at March 31, 2023	2,925,686	$	6.68	5.2	$	37,287
Vested or expected to vest at March 31, 2023	2,925,686	$	6.68	5.2	$	37,287

The table below summarizes the service-based option activity for the three months ended March 31, 2023:

	Options	Weighted‑ Average Exercise Price		Weighted‑ Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in thousands)
Outstanding, December 31, 2022	1,215,822	$	5.70	5.1	$	18,968
Granted	—	—
Exercised	(19,937)	8.21
Forfeitures	—	—
Outstanding, March 31, 2023	1,195,885	$	5.66	4.0	$	16,459
Options exercisable at March 31, 2023	1,156,009	$	5.57	3.9	$	16,012
Vested or expected to vest at March 31, 2023	1,195,885	$	5.66	4.0	$	16,459

Schedule of Restricted Stock Units Stock Option Activity

RSU activity for the three months ended March 31, 2023 was as follows:

	Units	Weighted-Average Grant Date Fair Value (per share)
Outstanding, December 31, 2022	8,417,357	$	29.61
Granted	4,593,134	20.02
Vested	(370,146)	31.75
Forfeited	(353,645)	29.95
Outstanding, March 31, 2023	12,286,700	$	25.99