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Capital Structure (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Common Stock Reserved for Future Issuance
Shares of common stock reserved for future issuance as of December 31, 2022 (recorded on a post-reverse split basis) were as follows:
(In thousands)Number of Shares
Restricted stock units outstanding878 
Stock options outstanding138 
Shares issuable upon conversion of 2025 Notes3,857 
Shares issuable upon conversion of 2026 Notes1,080 
Shares issuable upon conversion of Public Warrants1,725 
Shares issuable upon conversion of Private Warrants57 
Shares issuable upon conversion of PIPE Warrants30 
Shares available for future grant under 2021 EIP1,086 
8,851 
Schedule of Stock Option Activity
The following table summarizes stock option activity under the Cloudbreak Plan (recorded on a post-reverse split basis):
(In thousands, except per share amounts)Number of Stock OptionsWeighted Average Exercise Price per Stock Option
Outstanding as of June 9, 2021171 $44.51 
Options granted— — 
Options exercised(20)16.30 
Options forfeited or expired— — 
Outstanding as of December 31, 2021151 48.15 
Options exercised(10)2.40 
Options forfeited or expired(3)73.80 
Outstanding as of December 31, 2022138 50.76 
Vested and expected to vest as of December 31, 2022138 50.76 
Exercisable as of December 31, 2022135 $50.23 
Schedule of RSU Activity The following table summarizes our RSU activity under the 2021 EIP (recorded on a post-reverse split basis):
Number of SharesWeighted Average Grant Date Fair Value Per Share
Outstanding as of June 30, 2021— $— 
RSUs granted1,078 $54.32 
RSUs vested and issued(9)$19.30 
RSUs forfeited— $— 
Outstanding as of December 31, 20211,069 $54.62 
RSUs granted1,206 $5.08 
RSUs vested and issued(846)$62.09 
RSUs forfeited(552)$9.98 
Outstanding as of December 31, 2022878 $7.42