Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]

Summary of Stock-Based Compensation Expense

Included within cost of revenue, sales and marketing, and general and administrative expenses are total stock-based compensation expenses as follows:

	Three Months Ended March 31,
	2022		2021
Cost of revenue	$	532	$	114,348
Sales and marketing	565		14,070
General and administrative	1,491		472,657
Total stock based-compensation expense	$	2,588	$	601,075

Total stock-based compensation expense for the three months ended March 31, 2022 includes expenses related to our 2021 Incentive Award Plan and our ESPP, while the total stock-based compensation expense for the three months ended March 31, 2021 includes the vesting of Class B units, the change in fair value of Class B liability awards and profits distributions to Class B unitholders as follows:

	Three Months Ended March 31,
	2022		2021
2021 Incentive Award Plan	$	2,430	$	—
Employee Stock Purchase Plan	158		—
Vested Class B units and change in fair value of Class B liability awards	—		595,424
Profits distributions to Class B unitholders	—		5,651
Total stock-based compensation expense	$	2,588	$	601,075

The amount of stock-based compensation expense related to the Class B Units included in each of the line items in the accompanying condensed consolidated statement of operations is as follows:

	Three Months Ended March 31,
	2022		2021
Cost of revenue	$	—	$	114,348
Sales and marketing	—		14,070
General and administrative	—		472,657
Total stock based-compensation expense	$	—	$	601,075

Summary of Activities of RSUs

The activities of the RSUs and SARs and the related weighted average grant-date fair value of the respective share classes are summarized as follows, including granted, exercised and forfeited from January 1, 2022 to March 31, 2022.

	RSUs			SARs
	Units	Weighted-Average Grant Date Fair Value		Units	Weighted-Average Grant Date Fair Value
Outstanding at January 1, 2022	2,334,490	$	8.30	1,935,131	$	4.05
Granted	—	—		—	—
Exercised or vested	—	—		—	—
Forfeited	(4,625)	8.30		(4,723)	4.05
Expired	—	—		—	—
Outstanding at March 31, 2022	2,329,865	$	8.30	1,930,408	$	4.05

Summary of Activities of SARs

The activities of the RSUs and SARs and the related weighted average grant-date fair value of the respective share classes are summarized as follows, including granted, exercised and forfeited from January 1, 2022 to March 31, 2022.

	RSUs			SARs
	Units	Weighted-Average Grant Date Fair Value		Units	Weighted-Average Grant Date Fair Value
Outstanding at January 1, 2022	2,334,490	$	8.30	1,935,131	$	4.05
Granted	—	—		—	—
Exercised or vested	—	—		—	—
Forfeited	(4,625)	8.30		(4,723)	4.05
Expired	—	—		—	—
Outstanding at March 31, 2022	2,329,865	$	8.30	1,930,408	$	4.05