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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
The following table summarizes the classification of stock-based compensation expense in the Consolidated Statements of Operations and Comprehensive Loss.
Year Ended December 31,
202420232022
Selling and marketing2,487 3,351 4,855 
Product and technology4,758 4,804 5,435 
General and administrative19,936 12,554 16,751 
Total stock-based compensation expense$27,181 $20,709 $27,041 
Schedule of Stock Option Activity Detail related to stock option activity for the year ended December 31, 2024, is as follows:
Number of
Options
Outstanding
(in thousands)
Weighted-
Average
Exercise
Price
(per share)
Weighted-
Average
Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Balance as of December 31, 20233,642$3.47
Options exercised(365)2.93$420
Options forfeited(5)10.56
Options expired(91)7.19
Balance as of December 31, 20243,181$3.413.9$6,907
Exercisable at December 31, 20243,173$3.393.9$6,901
Summary of the Activity of Restricted Stock Awards
The following table summarizes the activity of RSUs for the year ended December 31, 2024.
Number of
RSUs
(in thousands)
Weighted
Average
Fair Value
(per share)
Balance as of December 31, 20238,310$3.34
Granted5,2823.68
Vested(4,489)4.12
Forfeited(1,258)2.80
Balance as of December 31, 20247,845$3.20
Summary of the Activity of Performance Restricted Stock Unit Awards
The following table summarizes the activity of PRSUs for the year ended December 31, 2024.
Number of
PRSUs
(in thousands)
Weighted
Average
Fair Value
(per share)
Balance as of December 31, 20233,754$1.91
Granted2,5695.61
Forfeited or Cancelled(51)15.83
Balance as of December 31, 2024 (1)
6,272$3.31
_____________________________________
(1)The balance of PRSUs as of December 31, 2024, includes 3.2 million Market-Only Awards with a weighted average grant date fair value of $3.63 and 3.1 million Performance-Only Awards with a weighted average grant date fair value of $3.00.
Schedule of Fair Value of Assumptions
The table below summarizes the specific assumptions used in the Monte Carlo simulation for the awards grants during 2024.
Weighted Average of Monte Carlo Assumptions
Award Term (Years)2.5
Risk Free Rate4.6 %
Volatility109.8 %
Dividend Yield— %