XML 41 R31.htm IDEA: XBRL DOCUMENT v3.22.1
Stock Option Plans (Tables)
 3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Schedule of restricted stock units
A summary of the Company’s RSUs as of March 31, 2022 (unaudited) is presented in the table below:
Number of RSUsWeighted-Average Fair
Value
Balance at December 31, 20217,241,980 $8.19 
Granted819,227 1.28 
Vested(496,366)10.15 
Forfeited(620,551)6.03 
Balance at March 31, 20226,944,290 $7.43 
Schedule of estimate the value of options granted The following assumptions were used to estimate the value of options granted during the year ended December 31, 2021:
Year ended December 31,
2021
Forfeiture rate26.2  %
Volatility62.00  %
Expected term (years)5.33
Risk-free interest rate0.53  %
Expected dividends— 
Schedule of activity of stock option plan
The following table summarizes the activity of the Company’s stock option plan as of March 31, 2022 (unaudited):
Stock
Number of
Options		Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
(Years)		Aggregate
Intrinsic
Value
(in thousands)
Outstanding as of December 31, 20212,374,504 $3.00 8.25$375 
Options granted
— $— 
Options exercised
— $— 
Options cancelled or expired and returned to plan
(717,331)$3.00 

Outstanding as of March 31, 20221,657,173 $3.01 7.94$— 
Vested and exercisable to vest as of March 31, 2022723,575 $2.98 7.71—
Vested and expected as of March 31, 20221,440,785 $3.00 7.90$— 
Schedule of stock-based compensation expense for employee and nonemployee options
The following table illustrates stock-based compensation expense for employee and non-employee RSUs and options for the three months ended March 31, 2022 and 2021 (unaudited) (in thousands).
Three Months Ended
March 31,
20222021
(unaudited)
Cost of revenues
$304 $41 
Research and development
883 226 
Sales and marketing
344 17 
Other operating expenses
3,727 2,924 
Total stock-based compensation
$5,258 $3,208