Stock Incentive and Employee Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Options Outstanding Activity

The following table summarizes stock option activity during the six months ended June 30, 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		1,472		$	0.99
Exercised		(101	)	$	1.43
Forfeited/Cancelled		(121	)	$	4.97
Outstanding as of June 30, 2024		34,374		$	4.24		7.1	$	6,662
Exercisable as of June 30, 2024		21,380		$	3.17		6.1	$	4,102

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:

	Six Months Ended June 30, 2024
Stock options:
Expected dividend yield	0.00%
Expected volatility	72% - 97%
Risk-free interest rate	4.33% - 4.44%
Term of options (in years)	5.5 - 6.3
Employee stock purchase plan:
Expected dividend yield	0.00%
Expected volatility	129.30%
Risk-free interest rate	5.39%
Expected life (in years)	0.50