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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Stock-Based Compensation  
Schedule of stock-based compensation expense

    

    

2022

    

2021

    

2020

Secondary market transaction

$

$

1,933

$

1,616

Employee earnout restricted stock

22,961

Employee awards

 

27,041

 

13,698

 

9,680

Total operating expenses

$

27,041

$

38,592

$

11,296

Schedule of stock option activity

    

    

    

Weighted- 

    

 

 

Weighted- 

 

Average 

 

 

Number of 

 

Average 

 

Remaining 

 

Aggregate 

Options 

 

Exercise 

 

Contractual 

Intrinsic 

Outstanding

Price

 

Life (Years)

Value

Balances as of December 31, 2021

 

4,822,992

$

3.63

 

7.0

$

57,973

Options granted

 

9,396

 

3.15

 

  

 

  

Options exercised

 

(473,653)

 

2.36

 

  

 

  

Options forfeited

 

(416,735)

 

5.01

 

  

 

  

Options expired

 

(79,082)

 

6.33

 

  

 

  

Balances as of December 31, 2022

 

3,862,918

$

3.58

 

5.6

$

74

Exercisable at December 31, 2022

 

3,429,421

$

3.20

 

5.4

$

71

Schedule of fair value of assumptions

    

2022

    

2021

    

2020

Risk-free interest rate

 

3.2 %

0.9 – 1.3 %

0.3 – 0.6 %

Expected term (years)

 

6

5 – 6

5 – 6

Dividend yield

 

Volatility

 

60 %

60 – 61 %

59 – 60 %

Weighted-average grant-date fair value per share

 

$1.85

$8.23

$2.26

Summary of the activity of restricted stock awards

    

Number of 

Weighted

 

Restricted 

Average

 

Stock Units

Fair Value

Balances as of January 1, 2022

 

2,675,578

$

18.77

Granted

 

5,775,348

4.38

Vested

 

(2,157,886)

9.59

Canceled

(983,799)

11.42

Balances as of December 31, 2022

 

5,309,241

$

8.21

Summary of the activity of performance restricted stock unit awards

    

Number of 

Performance

Weighted

 

Restricted 

Average

 

Stock Units

Fair Value

Balances as of January 1, 2022

 

37,184

$

21.51

Granted

 

1,185,336

3.63

Vested

 

Forfeited

(301,596)

1.85

Balances as of December 31, 2022

 

920,924

$

4.94