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Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Cost of revenue

 

$

24

 

 

$

37

 

 

$

69

 

 

$

53

 

Operations and technology

 

 

1,330

 

 

 

263

 

 

 

2,649

 

 

 

489

 

General and administrative

 

 

3,675

 

 

 

732

 

 

 

6,917

 

 

 

1,368

 

Stock-based compensation expense - continuing operations

 

 

5,029

 

 

 

1,032

 

 

 

9,635

 

 

 

1,910

 

Stock-based compensation expense - discontinued operations

 

 

129

 

 

 

 

 

 

644

 

 

 

 

Total stock-based compensation expense

 

$

5,158

 

 

$

1,032

 

 

$

10,279

 

 

$

1,910

 

 

Summary Of The Status Of The Stock Options

A summary of the status of the stock options as of June 30, 2022, and changes during the six 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

 

 

(137,437

)

 

 

1.65

 

 

 

 

 

 

 

Options cancelled

 

 

(935,919

)

 

 

6.64

 

 

 

 

 

 

 

Balance at June 30, 2022

 

 

7,769,941

 

 

 

3.87

 

 

 

6.02

 

 

$

38

 

Options exercisable as of June 30, 2022

 

 

5,906,004

 

 

 

2.83

 

 

 

 

 

 

 

Vested and expected to vest—June 30, 2022

 

 

7,769,941

 

 

$

3.87

 

 

 

 

 

 

 

 

Summary of Restricted Stock Units

The following table summarizes information pertaining to RSUs during the six months ended June 30, 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

 

 

9,800,037

 

 

 

2.68

 

Vested

 

 

(1,850,234

)

 

 

3.80

 

Cancelled/forfeited

 

 

(2,499,340

)

 

 

3.47

 

Nonvested at June 30, 2022

 

 

10,635,293

 

 

$

3.70