Stock-based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Activity Related to Restricted Stock Awards and Units

Following is the restricted stock award activity for the three and six months ended June 30, 2024:

	Shares	Weighted Average Grant Date Fair Value
Nonvested at December 31, 2023	1,766,417	$	10.01
Granted	244,122	2.63
Vested	(595,108)	8.61
Forfeited	(168,903)	9.19
Nonvested at March 31, 2024	1,246,528	$	9.34
Granted	105,632	1.64
Vested	(452,387)	6.96
Forfeited	(73,458)	5.82
Nonvested at June 30, 2024	826,315	$	9.98

The following is the restricted stock unit award activity for the three and six months ended June 30, 2024:

	Shares	Weighted Average Grant Date Fair Value
Nonvested at December 31, 2023	2,191,297	$	4.94
Granted	597,965	2.02
Vested	(91,686)	3.83
Forfeited	(66,192)	4.63
Nonvested at March 31 2024	2,631,384	$	4.32
Granted	423,204	1.70
Vested	(137,285)	4.51
Forfeited	(139,588)	3.95
Nonvested at June 30, 2024	2,777,715	$	3.93

Schedule of Stock Based Compensation

Stock-based compensation expense related to all awards issued under the Company’s stock compensation plans for the three and six months ended June 30, 2024 and 2023 was as follows (amounts in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Commission and other agent-related cost	$	713	$	1,070	$	1,568	$	2,068
Operations and support	116		283		298		485
Technology and development	37		50		92		72
General and administrative	1,584		1,645		3,064		3,152
Marketing	49		137		129		228
Total stock-based compensation	$	2,499	$	3,185	$	5,151	$	6,005