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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Stock-Based Compensation  
Summary of the stock option activity

Number of

Options

Outstanding at December 31, 2023

 

7,439,187

Granted

 

Exercised

 

Forfeited

 

(416,448)

Outstanding at June 30, 2024

 

7,022,739

Summary of the restricted stock unit activity

Number of

RSUs

Outstanding at December 31, 2023

 

15,569,983

Granted

 

11,713,683

Vested

 

(4,815,903)

Forfeited

 

(523,363)

Outstanding at June 30, 2024

 

21,944,400

Schedule of stock-based compensation expense

The following table summarizes the Company’s stock-based compensation expense (in thousands):

Three months ended June 30, 

Six months ended June 30, 

   

2024

   

2023

   

2024

   

2023

   

Research and development

$

1,943

$

3,197

 

3,962

 

5,391

Sales and marketing

1,155

1,316

2,262

1,937

General and administrative

2,760

5,411

5,159

6,781

Total stock-based compensation expense

$

5,858

$

9,924

$

11,383

$

14,109