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Stockholders’ Equity (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Option, Activity
Option activity (excluding the stock options granted to the CEO outlined above) is as follows (in thousands, except for weighted average exercise price and weighted average contractual term in years):
 
SharesWeighted
Average
Exercise
Price
Weighted
Average
Contractual
Period
(in Years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 20249,737 $5.15 6.33$185,326 
Exercised(2,764)3.45 
Forfeited and expired(11)8.92 
Outstanding at September 30, 20256,962 5.81 5.81354,405 
Exercisable as of September 30, 20256,102 5.68 5.68311,540 
Share-based Payment Arrangement, Option, Exercise Price Range
The options outstanding and exercisable as of September 30, 2025 (excluding the stock options granted to the CEO outlined above) have been aggregated into ranges for additional disclosure as follows (in thousands, except weighted average remaining contractual life and exercise price):
 
 Options OutstandingOptions Exercisable
Exercise PriceSharesWeighted Average Remaining Contractual Life 
(in Years)
SharesWeighted Average Remaining Contractual Life 
(in Years)
$ 0.06 – 0.40
156 2.31156 2.31
1.55 – 1.75
235 3.79235 3.79
2.43 – 3.11
995 4.67995 4.67
5.01 – 6.82
3,756 6.423,120 6.41
8.13 – 11.53
1,670 5.741,446 5.48
12.21 – 15.17
150 5.52150 5.52
6,962 6,102 
Share-based Payment Arrangement, Restricted Stock Unit, Activity
RSU activity (excluding the performance RSUs outlined below) is as follows (in thousands, except for weighted average grant date fair value):

SharesWeighted Average Grant Date Fair Value
Unvested at December 31, 202415,757 $11.45 
Granted5,860 45.01 
Vested(5,416)12.00 
Forfeited and expired(1,755)13.92 
Unvested at September 30, 202514,446 $24.57 
Share-based Payment Arrangement, Expensed and Capitalized, Amount
The following table summarizes stock-based compensation expense for employees and nonemployees, by category, on the unaudited condensed consolidated statements of operations and comprehensive income for the three and nine months ended September 30, 2025 and 2024 (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Marketing$3,116 $2,458 $9,325 $6,755 
Operations and support5,452 2,605 13,037 7,462 
Technology and development4,842 3,310 14,134 8,710 
General and administrative26,762 16,526 64,260 45,046 
Total stock-based compensation expense$40,172 $24,899 $100,756 $67,973