XML 52 R36.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stock-based Compensation (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Common Stock Options Outstanding and Related Activity
The following is a summary of stock option information and weighted average exercise prices:

20242023
Number of OptionsWeighted Average Exercise PriceNumber of OptionsWeighted Average Exercise Price
Outstanding at January 1463,168$16.03 598,155$24.35 
Granted(1)
0— 136,3264.21 
Exercised(33,963)4.21 (18,054)3.12 
Canceled/Forfeited(1)
(1,650)4.21 (253,010)30.26 
Expired— — (249)4.06 
Outstanding at December 31427,55517.02 463,16816.03 
Exercisable at December 31427,040$16.92 440,324$15.19 
(1) Includes 136,326 stock options repriced in September 2023, accounted for as a modification. Stock-based compensation related to the incremental fair value of repriced options was immaterial.
Schedule of Key Weighted Average Assumptions The key assumptions for grants presented on a weighted average basis are as follows:
Year Ended December 31,
20242023
Expected volatilityN/A47.6 %
Risk-free rateN/A4.2 %
Expected term in yearsN/A4.7
Dividend yieldN/A— %
Summary of Nonvested Restricted Stock Units
The following is a summary of RSU information and weighted average grant date fair values for the Company's RSUs:
Year Ended December 31,
20242023
SharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair Value
Unvested at January 11,464,073 $7.64 494,671 $37.77 
Granted1,338,850 4.621,331,8993.96
Vested(868,981)7.08(286,601)35.17
Canceled/Forfeited(1)
(482,299)5.71(75,896)35.57
Unvested at December 311,451,643 $5.84 1,464,073 $7.64 
(1) Includes 352,093 RSUs converted to RSAs, accounted for as a cancellation of RSUs with a replacement award of RSAs.
The following is a summary of RSA information and weighted average grant date fair values for the Company's RSAs:
Year Ended December 31,
20242023
SharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair Value
Unvested at January 1— $— — $— 
Granted387,309 0.40——
Vested(61,156)0.40——
Forfeited— 0.00— —
Unvested at December 31326,153 $0.39 — $— 
Schedule of Nonvested Performance Restricted Stock Units
The following is a summary of PSU information and weighted average grant date fair values for the Company's PSUs:
Year Ended December 31,
20242023
SharesWeighted Average Grant Date Fair ValueSharesWeighted Average Grant Date Fair Value
Unvested at January 171,428 $36.40 87,321 $36.36 
Granted— — 00.00
Vested— 0.00(7,518)36.40
Forfeited(15,037)36.40(8,375)35.97
Unvested at December 3156,391 $36.40 71,428 $36.40 
Schedule of Stock-based Compensation Expense
Total stock-based compensation was recognized as follows (in thousands):
Year Ended December 31,
20242023
General and administrative$5,148 $5,391 
Sales and marketing1,540 1,720
Research and development1,945 2,822
Total stock-based compensation$8,633 $9,933