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Capital Structure (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Common Stock Reserved for Future Issuance
Shares of common stock reserved for future issuance as of December 31, 2023 (recorded on a post-reverse split basis) were as follows:
(In thousands)Number of Shares
Restricted stock units outstanding under 2021 EIP522 
Restricted stock units outstanding under 2023 IEIP200 
Stock options outstanding under Cloudbreak Plan48 
Shares issuable upon conversion of 2025 Notes3,857 
Shares issuable upon conversion of 2026 Notes1,080 
Shares issuable upon conversion of 2021 Public Warrants1,725 
Shares issuable upon conversion of the 2023 Private Placement Series A Warrants3,000 
Shares issuable upon conversion of the 2023 Private Placement Series B Warrants3,000 
Shares issuable upon conversion of 2021 Private Warrants57 
Shares issuable upon conversion of 2021 PIPE Warrants30 
Shares available for future grant under 2021 EIP1,316 
Shares available for future grant under 2023 IEIP400 
15,235 
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 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 
Options forfeited or expired(90)54.55 
Outstanding as of December 31, 202348 43.63 
Schedule of RSU Activity
The following table summarizes our RSU activity under the 2021 EIP (recorded on a post-reverse split basis):
(In thousands, except per share amounts)Number of RSUsWeighted Average Grant Date Fair Value Per Share
Outstanding as of December 31, 20211,070 $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 
RSUs granted1,664 $1.79 
RSUs vested and issued(757)$5.85 
RSUs forfeited(1,263)$2.31 
Outstanding as of December 31, 2023522 $3.10 
The following table summarizes our RSU activity under the 2023 IEIP:

(In thousands, except per share amounts)Number of RSUsWeighted Average Grant Date Fair Value Per Share
Outstanding as of December 31, 2022— $— 
RSUs granted360 $1.14 
RSUs forfeited(160)$1.01 
Outstanding as of December 31, 2023200 $1.24