Summary of Significant Accounting Policies (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2021

Dec. 31, 2020

Accounting Policies [Abstract]

Reconciliation of Cash, Equivalents and Restricted Cash

The following table is a reconciliation of cash, cash equivalents, and restricted cash included in the accompanying consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash included in the accompanying consolidated statements of cash flows.

	December 31, 2019		December 31, 2020
Cash and cash equivalents	$	37,435	$	35,531
Restricted cash included in “other assets” and “prepaid expenses and other current assets”, respectively	88		88
	$	37,523	$	35,619

Reconciliation of Cash, Equivalents and Restricted Cash

The following table is a reconciliation of cash, cash equivalents and restricted cash included in the accompanying condensed consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash included in the accompanying condensed consolidated statements of cash flows for the nine months ended September 30, 2021 and 2020.

	September 30, 2021		September 30, 2020
Cash and cash equivalents	$	188,510	$	32,712
Restricted cash included in “other long-term assets”	176		88
Total cash, cash equivalents and restricted cash, at end of period	$	188,686	$	32,800

The following table is a reconciliation of cash, cash equivalents, and restricted cash included in the accompanying consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash included in the accompanying consolidated statements of cash flows.

	December 31, 2019		December 31, 2020
Cash and cash equivalents	$	37,435	$	35,531
Restricted cash included in “other assets” and “prepaid expenses and other current assets”, respectively	88		88
	$	37,523	$	35,619

Schedule of Property and Equipment

The estimated useful lives of the Company’s property and equipment are as follows:

	Estimated Useful Life
	(In Years)
Computer equipment	2 to 5
Furniture and office equipment	5 to 7
Leasehold improvements	2 to 4

Property and equipment consists of the following (in thousands):

	As of
	September 30, 2021		December 31, 2020
Computer equipment	$	4,152	$	3,513
Furniture and office equipment	1,398		1,041
Leasehold improvements	1,029		667
Capital leases	5,750		—
Total property and equipment	12,329		5,221
Less: accumulated depreciation and amortization	(3,938)		(2,253)
Property and equipment, net	$	8,391	$	2,968

Property and equipment consists of the following:

	As of December 31,
	2019		2020
Computer equipment	$	2,305	$	3,513
Furniture and office equipment	688		1,041
Leasehold improvements	97		667
Total property and equipment	3,090		5,221
Less: accumulated depreciation and amortization	(1,485)		(2,253)
Property and equipment, net	$	1,605	$	2,968

Rollforward of Fair Value Measurements of Share Purchase Option

A rollforward of the fair value measurements of the Share Purchase Option for the year end December 31, 2019, is as follows:

Balance as of January 1, 2019	$	4,367
Change in fair value included in other expense	903
Reclassification to stockholders’ deficit upon exercise	(5,270)
Balance as of December 31, 2019	$	—

Schedule of Potentially Dilutive Common Stock Equivalents

The following potentially dilutive common stock equivalents have been excluded from the calculation of diluted weighted-average shares outstanding for the three and nine months ended September 30, 2021 and 2020:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2021	2020	2021	2020
Stock options outstanding	6,500,908	6,223,290	19,503	6,300,903
Shares of Preferred Stock	—	29,695,200	—	29,695,200
Unvested RSAs and RSUs	140,793	—	23,723	—
	6,641,701	35,918,490	43,226	35,996,103

The following potentially dilutive common stock equivalents have been excluded from the calculation of diluted weighted-average shares outstanding for the period presented:

	Year ended December 31,
	2019	2020
Stock options outstanding	5,693,100	7,611,258
Shares of Preferred Stock	29,695,200	29,695,200
Restricted stock outstanding	—	156,852

Schedule of Earnings Per Share, Basic and Diluted

The following table presents a reconciliation of the weighted-average shares outstanding used in the calculation of basic and diluted net income (loss) per share:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2021	2020	2021	2020
Weighted-average shares outstanding:
Weighted-average number of shares of common stock used in computing net income (loss) per share attributable to common stockholders—basic	135,673,000	94,834,000	122,595,000	94,722,000
Dilutive effect of share equivalents resulting from stock options	—	—	6,417,000	—
Dilutive effect of share equivalents resulting from RSAs and RSUs	—	—	164,000	—
Dilutive effect of shares issuable upon conversion of preferred stock	—	—	9,463,000	—
Weighted-average number of shares of common stock used in computing net income (loss) per share attributable to common stockholders—diluted	135,673,000	94,834,000	138,639,000	94,722,000