Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Share Based Payment Award Stock Options Granted Valuation Assumptions

The assumptions that the Company used to determine the grant date fair value of stock options granted were as follows, presented on a weighted-average basis:

	December 31,
	2023		2022		2021
Risk free interest rate	3.63	%	2.94	%	1.15	%
Expected volatility	40	%	38	%	48	%
Expected dividend yield	0	%	0	%	0	%
Expected term (in years)	6.25		5.91		6.25

Summary of Stock Option Activity for Company's Stock Option Plans

A summary of stock option activity under the 2016 Plan and 2021 Plan, is as follows:

	Stock Options Outstanding
	Number of Shares	Weighted Average Exercise Price (per share)		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in millions)
Outstanding at December 31, 2022	42,397,911	$	6.11	7.38	$	105
Granted	4,059,936	7.35
Exercised	(773,056)	0.90
Forfeited	(1,683,631)	11.06
Outstanding at December 31, 2023	44,001,160	$	6.13	6.56	$	108
Exercisable at December 31, 2023	33,366,714	$	5.17	6.11	$	99

Summary of Restricted Stock Activity

A summary of RSU activity under the 2016 Plan and 2021 Plan is as follows:

	Number of Shares	Weighted average grant date fair value per share
Unvested restricted stock units at December 31, 2022	3,548,431	$	11.96
Granted	2,497,561	7.30
Vested	(2,397,527)	8.75
Forfeited	(383,792)	12.23
Unvested restricted stock units at December 31, 2023	3,264,673	$	10.71