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Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Summary Of Stock-Based Compensation Expense

The Company recognized stock-based compensation expense on all awards in the following categories in the consolidated statement of operations and comprehensive loss for the three months ended March 31, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Cost of revenue

 

$

71

 

 

$

16

 

Operations and technology

 

 

1,446

 

 

 

226

 

General and administrative

 

 

3,604

 

 

 

636

 

Total stock-based compensation expense

 

$

5,121

 

 

$

878

 

Summary Of The Status Of The Stock Options

A summary of the status of the stock options as of March 31, 2022, and changes during the three months then ended is presented below (in thousands except share and per share amounts):

 

 

 

Number of
Shares

 

 

Weighted
Average
Exercise
Price

 

 

Remaining
Contractual
Term (In
Years)

 

 

Aggregate
Intrinsic
Value

 

Balance at December 31, 2021

 

 

8,843,297

 

 

 

4.12

 

 

 

6.75

 

 

$

16,632

 

Options granted

 

 

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

(60,757

)

 

 

1.94

 

 

 

 

 

 

 

Options cancelled

 

 

(255,346

)

 

 

6.49

 

 

 

 

 

 

 

Balance at March 31, 2022

 

 

8,527,194

 

 

 

4.07

 

 

 

6.45

 

 

$

11,464

 

Options exercisable as of March 31, 2022

 

 

5,631,646

 

 

 

2.53

 

 

 

 

 

 

 

Vested and expected to vest—March 31, 2022

 

 

8,527,194

 

 

$

4.07

 

 

 

 

 

 

 

Summary of Restricted Stock Units

The following table summarizes information pertaining to RSUs during the three months ended March 31, 2022 (in thousands, except for weighted-average grant-date fair value):

 

 

 

Number of RSUs

 

 

Weighted-Average
Grant Date Fair
Value per Share

 

Nonvested at December 31, 2021

 

 

5,184,830

 

 

$

5.57

 

Granted

 

 

7,875,010

 

 

3.19

 

Vested

 

 

(645,719

)

 

 

4.26

 

Cancelled/forfeited

 

 

(25,310

)

 

 

10.11

 

Nonvested at March 31, 2022

 

 

12,388,811

 

 

$

4.12