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Equity Incentive and Other Plans (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

Stock option activity under the 2021 Plan for the periods presented was as follows:

 

 

Number of
Shares

 

 

Weighted Average
Exercise Price

 

 

Aggregate
Intrinsic Value

 

 

Weighted Average
Remaining Contractual
Term (in years)

 

Outstanding at January 1, 2023

 

 

5,048

 

 

$

39.52

 

 

$

 

 

 

9.61

 

Forfeited or expired

 

 

(72

)

 

 

34.11

 

 

 

 

 

 

 

Outstanding at December 31, 2023

 

 

4,976

 

 

$

39.60

 

 

$

 

 

 

8.64

 

Forfeited or expired

 

 

(4,952

)

 

 

39.60

 

 

 

 

 

 

 

Outstanding at December 31, 2024

 

 

24

 

 

$

39.60

 

 

$

 

 

 

7.63

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and exercisable

 

 

19

 

 

$

39.60

 

 

$

 

 

 

7.63

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock option activity under the 2018 Plan for the periods presented was as follows:

 

 

Number of
Shares

 

 

Weighted Average
Exercise Price

 

 

Aggregate
Intrinsic Value

 

 

Weighted Average
Remaining Contractual
Term (in years)

 

Outstanding at January 1, 2023

 

 

171,575

 

 

$

32.06

 

 

$

75

 

 

6.83

 

Exercised

 

 

(21

)

 

 

8.00

 

 

 

 

 

 

 

Forfeited or expired

 

 

(55,103

)

 

 

27.41

 

 

 

 

 

 

 

Outstanding at December 31, 2023

 

 

116,451

 

 

$

34.24

 

 

$

3

 

 

4.65

 

Forfeited or expired

 

 

(1,528

)

 

 

51.74

 

 

 

 

 

 

 

Outstanding at December 31, 2024

 

 

114,923

 

 

$

33.93

 

 

$

 

 

 

3.61

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested and exercisable

 

 

72,918

 

 

$

29.19

 

 

$

 

 

 

4.93

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.
Includes 62,120 and 52,803 awards as of December 31, 2024 and 63,648 and 52,803 awards as of December 31, 2023 accounted for as service-based and market-based options, respectively, that are vested, that the Company currently deems probable of vesting, or in the case of market-based options, that the Company is expensing so long as the respective service conditions are met. The market-based options will vest only if the price of the Company's common stock reaches a $1 billion market capitalization target for any 20 days during a 30-day period on or before February 4, 2026, the fourth anniversary of the closing of the Business Combination
Schedule of Restricted Stock Unit Activity

RSU and PSU activity under the 2021 Plan for the periods presented was as follows:

 

 

Number of
Shares

 

 

Weighted Average
Grant Date
Fair Value

 

 

Total Fair Value

 

Unvested at January 1, 2023

 

 

102,889

 

 

$

21.02

 

 

 

 

Granted

 

 

266,258

 

 

 

6.59

 

 

$

1,753

 

Vested

 

 

(113,824

)

 

 

10.56

 

 

$

872

 

Forfeited

 

 

(45,377

)

 

 

19.37

 

 

 

 

Unvested at January 1, 2024

 

 

209,946

 

 

 

8.74

 

 

 

 

Granted

 

 

211,274

 

 

 

3.01

 

 

$

636

 

Vested

 

 

(283,656

)

 

 

5.54

 

 

$

763

 

Forfeited

 

 

(26,381

)

 

 

6.65

 

 

 

 

Unvested at December 31, 2024

 

 

111,183

 

 

$

6.70

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Stock-Based Compensation Expense

The following table presents the classification of stock-based compensation expense under the 2018 Plan, the 2021 Plan and the ESPP:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

Sales and marketing

 

$

221

 

 

$

272

 

Product development

 

 

448

 

 

 

436

 

General and administrative

 

 

1,282

 

 

 

2,247

 

 

 

$

1,951

 

 

$

2,955

 

 

 

 

 

 

 

 

Schedule of Stock-Based Compensation Expense Related to ESPP Stock-based compensation expense related the ESPP was as follows for the periods presented:

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

ESPP expense (included in stock-based compensation)

 

$

19

 

 

$

92

 

 

 

 

 

 

 

 

 

Summary of Defined Contribution Retirement (401k) Plan

The Company recognized expense from matching contributions to the Company-sponsored defined contribution retirement (401k) plan as follows for the periods presented:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

401(k) matching contributions

 

$

528

 

 

$

627