XML 40 R29.htm IDEA: XBRL DOCUMENT v3.25.2
Share Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity with Respect to, and Status of, RSUs
A summary of the activity with respect to, and status of, RSUs during the three and six-month period ended June 30, 2025 is presented below:
Number of
 RSUs
Weighted
 Average Grant
 Date Value
Unvested as of January 1, 20252,528,635$6.16 
Granted1,586,4803.93 
Forfeited(73,442)3.54 
Vested(699,918)4.23 
Unvested as of March 31, 20253,341,755$5.60 
Granted1,059,6123.22 
Forfeited(731,139)8.70 
Vested(185,760)4.02 
Unvested as of June 30, 20253,484,468$3.93 
Schedule of Share-Based Compensation Expense
During the three and six months ended June 30, 2025 and 2024, the Company recorded the following share-based compensation expense, related to RSUs, earn-out shares and Credova Merger:
For the three months ended June 30,For the six months ended
June 30,
 2025202420252024
Cost of sales$39,792 $56,011 $66,034 $79,985 
General and administrative(1,099,412)3,217,865 1,539,776 5,855,998 
Sales and marketing566,032 1,481,014 1,059,661 3,496,807 
Research and development423,727 416,871 887,513 737,986 
Transaction costs incurred in connection with Credova Merger— — — 887,409 
 Total share-based compensation$(69,861)$5,171,761 $3,552,984 $11,058,185