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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2024
Stockholders' Equity Note [Abstract]  
Summary of Stock Option Activity
The following tables summarize stock option activity under the Stock Plans:
(In thousands, except for share and per share amounts)
Outstanding
Options
Weighted
Average
Exercise
Price
Weighted Average
Remaining
Contractual Life (in
years)
 Aggregate intrinsic value
Balance as of December 31, 2023
5,478,010 $0.17 6.05
Exercised(585,760)0.14 
Forfeited / canceled(22,224)0.14 
Expired(7,363)0.29 
Balance as of March 31, 2024
4,862,663 $0.18 5.74
Exercised(499,365)0.32 
Balance as of June 30, 2024
4,363,298 $0.16 6.05
Exercised(8,509)0.42 
Balance as of September 30, 2024
4,354,789 $0.16 5.80
Vested and expected to vest at September 30, 2024
4,354,789 $0.16 5.80$6,044 
Vested and exercisable at September 30, 2024
2,835,204 $0.17 5.65$3,871 
Schedule of RSU and Performance Award Activity
The following table summarizes the RSU award activity:
(In thousands, except for share and per share amounts)OutstandingWeighted-average grant date fair value
Unvested balance at December 31, 202310,927,261 $1.94 
Granted - RSU awards1,286,831 0.65 
RSU awards vested and converted to shares(212,633)3.60 
Forfeited - RSU awards(948,255)2.50 
Unvested balance March 31, 202411,053,204 $1.72 
Granted - RSU awards781,581 0.99 
RSU awards vested and converted to shares(206,049)3.71 
Forfeited - RSU awards(316,952)1.88 
Unvested balance June 30, 202411,311,784 $1.59 
Granted - RSU awards30,842 1.54 
RSU awards vested and converted to shares(167,768)2.11 
Forfeited - RSU awards(701,013)1.33 
Unvested balance September 30, 202410,473,845 $1.60 
The following table summarizes the performance-based stock (“PSU”) award activity:
OutstandingWeighted-average grant date fair value
Unvested balance at December 31, 20232,118,843 $5.77 
Forfeited - PSU awards(323,950)7.07 
Unvested balance March 31, 20241,794,893 $5.52 
Forfeited - PSU awards(14,725)7.07 
Unvested balance June 30, 20241,780,168 $5.51 
Forfeited - PSU awards(85,252)6.46 
Unvested balance September 30, 20241,694,916 $5.46