XML 102 R83.htm IDEA: XBRL DOCUMENT v3.22.4
Stock-based Compensation - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 6 Months Ended 12 Months Ended 17 Months Ended 42 Months Ended
Jan. 01, 2023
shares
Aug. 19, 2022
$ / shares
shares
May 02, 2022
$ / shares
shares
Aug. 03, 2021
USD ($)
Aug. 31, 2022
USD ($)
shares
Jun. 30, 2022
USD ($)
shares
Apr. 30, 2022
USD ($)
Dec. 31, 2020
shares
Jun. 30, 2021
Jun. 30, 2019
Dec. 31, 2022
USD ($)
trading_day
$ / shares
shares
Dec. 31, 2021
USD ($)
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2022
USD ($)
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Weighted-average grant date fair value (in dollars per share) | $ / shares                         $ 0.98    
Fair value of options vested                     $ 2,900 $ 7,100 $ 1,400    
Intrinsic value of stock options exercised                     20,600        
Unrecognized stock-based compensation expense                     2,700     $ 2,700 $ 2,700
Compensation cost                     162,405 77,684 $ 8,711    
Optogration milestone awards                     11,751        
Optogration Milestone Awards                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Compensation cost                           16,500  
Contingent stock consideration       $ 22,000                      
Freedom Photonics                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Compensation cost                     7,600        
Contingent stock consideration             $ 28,300                
Solfice                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Compensation cost                     $ 400        
Contingent stock consideration           $ 700                  
ESPP                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Shares authorized for issuance (in shares) | shares               7,317,655         7,317,655    
Percentage of purchase price of shares               85.00%              
Length of offering period (in months)               6 months              
Shares of common stock in each purchase period (in shares) | shares               5,000              
Weighted average purchase price (in shares) | shares                     168,147        
Weighted average purchase price (in dollars per share) | $ / shares                     $ 7.56        
Stock options                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Unrecognized compensation expense, period for recognition                     7 months 17 days        
Stock options | Tranche One                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                     1 year        
Restricted Stock | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                   4 years          
Granted (in shares) | shares                             0
Fair value of restricted stock vested                     $ 700 1,000 $ 2,200    
Unrecognized stock-based compensation expense for restricted stock                     $ 100     100 $ 100
Restricted Stock | Share-based Payment Arrangement, Nonemployee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Granted (in shares) | shares                     23,213,889        
Unrecognized compensation expense, period for recognition                     1 year 6 months 10 days        
Fair value of restricted stock vested                     $ 116,000 $ 32,800      
Unrecognized stock-based compensation expense for restricted stock                     $ 277,700     277,700 277,700
Restricted Stock | Tranche One | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                 1 year            
Award vesting percentage                   25.00%          
Restricted Stock | Tranche Two | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                   36 months          
Award vesting percentage                   75.00%          
RSUs | Chief Executive Officer                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Granted (in shares) | shares   500,000 10,800,000                        
Grant date fair value (in dollars per share) | $ / shares   $ 6.12 $ 8.70                        
RSUs | Chief Legal Officer                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Granted (in shares) | shares   500,000                          
Grant date fair value (in dollars per share) | $ / shares   $ 6.12                          
RSUs | Executive Officer                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Unrecognized compensation expense, period for recognition                     6 years 4 months 9 days        
Unrecognized stock-based compensation expense for restricted stock                     $ 85,300     85,300 85,300
Compensation cost                     $ 14,700        
Consecutive trading days | trading_day                     90        
Service period (in years)                     7 years        
RSUs | Maximum                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                     6 years        
Number of shares issued for each vested RSU (in shares) | shares                     1        
RSUs | Market One Member | Executive Officer                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
RSU vesting, market condition, stock price (in dollars per share) | $ / shares                     $ 50        
RSUs | Market Two Member | Executive Officer                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
RSU vesting, market condition, stock price (in dollars per share) | $ / shares                     60        
RSUs | Market Three Member | Executive Officer                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
RSU vesting, market condition, stock price (in dollars per share) | $ / shares                     $ 70        
Class A Common Stock | Optogration Milestone Awards                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Optogration milestone awards (in shares) | shares         1,632,056                    
Optogration milestone awards         $ 11,000                    
Optogration milestone awards, remaining obligations                     $ 11,000     $ 11,000 $ 11,000
Class A Common Stock | ESPP                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Percentage of pre-tax earnings               15.00%              
2020 Plan                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Shares authorized for issuance (in shares) | shares                     36,588,278     36,588,278 36,588,278
2020 Plan | Equity settled fixed value | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                     4 years        
Compensation cost                     $ 7,600        
2020 Plan | Equity settled fixed value | Tranche One | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting percentage                     25.00%        
2020 Plan | Equity settled fixed value | Tranche Two | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting percentage                     25.00%        
2020 Plan | Equity settled fixed value | Tranche Three | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting percentage                     25.00%        
2020 Plan | Equity settled fixed value | Tranche Four | Share-based Payment Arrangement, Employee                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting percentage                     25.00%        
Amended 2020 Plan                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Additional shares authorized for issuance (in shares) | shares           36,000,000                  
Percentage of outstanding stock maximum           5.00%                  
Incremental number of shares authorized (in shares) | shares           40,000,000                  
Amended 2020 Plan | Class A Common Stock | Subsequent Event                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Additional shares authorized for issuance (in shares) | shares 18,358,365                            
2015 Plan | Stock options                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                     4 years        
Award expiration period (in years)                     10 years        
Granted (in shares) | shares                     0 0      
2015 Plan | Stock options | Tranche One                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting percentage                     25.00%        
2015 Plan | Stock options | Tranche Two                              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                              
Award vesting period (in years and in months)                     36 months        
Award vesting percentage                     75.00%