XML 52 R38.htm IDEA: XBRL DOCUMENT v3.22.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Cost by Plan
Stock-based compensation expense included in the condensed consolidated statements of operations was as follows:
For the three months ended
March 31, 2022
March 31, 2021
Stock options$911 $1,524 
Restricted stock units 3,032 954 
Total$3,943 $2,478 
Summary of Outstanding Stock Option Activity The following table summarizes stock option activity for the three months ended March 31, 2022:
 UnitsWeighted-Average
Exercise Price		Weighted-Average
Remaining
Contractual Term
(years)
Options Outstanding at December 31, 20212,023,460 $9.51 6.3
Cancelled/Forfeited(51,369)$10.28 
Options Outstanding at March 31, 20221,972,091 $9.49 5.8
Options Exercisable at March 31, 20221,179,834 $9.97 6.1
Share-based Payment Arrangement, Restricted Stock Unit, Activity
A summary of restricted stock units (RSU) activity during the three months ended March 31, 2022 is as follows:
 UnitsWeighted-Average
Grant-Data Fair Value
RSU Outstanding at December 31, 20212,194,756 $16.36 
Granted1,149,280 $4.14 
Cancelled/Forfeited(226,400)$11.65 
Vested(305,651)$20.35 
RSU Outstanding at March 31, 2022
2,811,985 $11.31 
Weighted-Average Assumptions Used to Determine the Fair Value of Options Granted The weighted average assumptions used to determine the fair value of options granted in the three months ended March 31, 2021 were as follows:
 2021
Volatility57.43 %
Risk free interest rate1.11 %
Expected life (years)6.25
Dividend yield0 %
The RSUs issued were valued at the stock prices of the Company on the date of grant.