Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Expense

Stock-based compensation expense included in the consolidated statements of operations and comprehensive loss was as follows:

	For the years ended December 31,
	2023		2022
Stock options	$	2,468	$	3,002
Restricted stock units	11,589		10,792
Total	$	14,057	$	13,794

Schedule of Stock Option Activity

The following table summarizes stock option activity during the years ended December 31, 2023 and 2022:

	Units	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (years)
Options Outstanding at December 31, 2021	2,023,460	$	9.51	6.3
Granted	3,275,224	1.33
Cancelled/Forfeited	(953,872)	4.84
Options Outstanding at December 31, 2022	4,344,812	4.37		7.7
Granted	649,865	2.27
Cancelled/Forfeited	(504,550)	2.39
Exercised	(262,500)	1.35
Options Outstanding at December 31, 2023	4,227,627	4.47		5.2
Options Exercisable at December 31, 2023	3,590,262	4.86		5.3

Schedule of Restricted Stock Units (RSU)

A summary of restricted stock units (RSU) activity for the years ended December 31, 2023 and 2022 is as follows:

	Units	Weighted-Average Grant-Date Fair Value
RSUs Outstanding at December 31, 2021	2,194,756	$	16.36
Granted	2,557,263	2.87
Cancelled/Forfeited	(1,051,951)	8.55
Vested	(704,178)	15.02
RSUs Outstanding at December 31, 2022	2,995,890	7.89
Granted	4,804,057	3.42
Cancelled/Forfeited	(898,525)	4.86
Vested	(1,453,964)	7.39
RSUs Outstanding at December 31, 2023	5,447,458	4.58

Schedule of Weighted Average Assumptions

The weighted average assumptions used to determine the fair value of stock options granted in 2023 and 2022 are as follows:

	2023		2022
Volatility	62.60	%	61.36	%
Risk free interest rate	4.07	%	3.27	%
Expected life (years)	3.00		4.67
Dividend yield	0	%	0	%