Stock Incentive and Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Options Outstanding Activity

The following table summarizes stock option activity during the three months ended March 31, 2024 (shares in thousands):

	Options			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life, in years		Aggregate Intrinsic Value
Outstanding as of December 31, 2023		33,124		$	4.38		7.5	$	7,459
Granted		228		$	1.37
Exercised		(34	)	$	1.34
Forfeited/Cancelled		(51	)	$	4.61
Outstanding as of March 31, 2024		33,267		$	4.36		7.2	$	1,100
Exercisable as of March 31, 2024		20,174		$	2.99		6.2	$	612

Schedule of Stock Options Valuation Assumption Used

The following assumptions were used in the Black-Scholes option pricing model to estimate stock-based compensation on the date of grant for stock options:

	Three Months Ended March 31, 2024
Stock options:
Expected dividend yield	0.00%
Expected volatility	72.00%
Risk-free interest rate	4.33%
Term of options (in years)	5.5 - 6.3