Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of The Activity of Restricted Stock And Restricted Stock Units Granted By The Company

Following is the activity of restricted stock and restricted stock units granted by the Company:

	Shares			Weighted-Average Grant date fair value
Non-vested as of January 1, 2021		85,903,970		$	2.80
Granted		10,672,347			8.38
Vested		(9,325,943	)		11.03
Forfeited		(5,386,307	)		9.52
Canceled		(16,655,197	)		3.60
Modified		(68,986,297	)		2.78
Modified and reissued		68,986,297			11.36
Non-vested as of December 31, 2021		65,208,870		$	10.86
Granted (1)		9,267,655			9.45
Vested		(12,964,063	)		10.55
Forfeited (2)		(1,405,187	)		10.41
Non-vested as of December 31, 2022 (3)		60,107,275		$	10.72

(1)During the year ended December 31, 2022, the Company granted 9,054,271 restricted stock and 213,384 restricted stock units to its employees, advisors and non-employee directors.

(2)During the year ended December 31, 2022, 1,328,744 restricted stock and 76,443 restricted stock units were forfeited.

Includes 42,357,023 unvested Class A restricted stock, 16,587,085 unvested Class B restricted stock and 1,163,167 unvested restricted stock units as of December 31, 2022.

Summary of Transaction under the Company Stock Option Plan

Following is the summary of transactions under the Company’s stock option plan:

	Number of options			Weighted average exercise price		Weighted average remaining contractual life (years)		Aggregate intrinsic value
Outstanding options as of January 1, 2021		1,150,893		$	3.61		5.31	$	3.89
Exercised		(31,985	)		3.29		—		—
Forfeited		(231,246	)		3.96		—		—
Outstanding options as of December 31, 2021		887,662		$	3.53		4.19	$	5.28
Granted		575,250			10.82
Exercised		(315,430	)		0.63
Forfeited		(30,990	)		10.83
Outstanding options as of December 31, 2022		1,116,492		$	7.90		6.67	$	0.59

Summary of Share-based Compensation Arrangements by Share-based Payment Award

20 Day VWAP of Class A common stock	Below $13.84	$	13.84	$	16.34	$	18.84	$	22.34	$	25.34	$	38.09
Percentage of target PSUs	0%	25%		50%		100%		150%		200%		*

* The percentage of target PSUs earned at $38.09 for each participant ranges between 300% and 500%.

Summary of Performance Stock Unit Award Activity

Following is the summary of PSUs under the Company’s 2021 Incentive Award Plan:

	Number of PSUs		Weighted Average Grant Date Fair Value
Outstanding as of January 1, 2022		1,500,000	$	1.95
Granted		1,979,500		20.29
Outstanding as of December 31, 2022		3,479,500	$	12.38

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions

	Year ended December 31, 2022
Dividend yield	0.0%
Risk free interest rate	4.65%
Volatility	96.1%

Stock options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share Based Compensation Stock Options Valuation Assumptions

	As of December 31, 2022
Dividend yield	0.0%
Volatility	77.0%
Risk free rate of interest	2.93%

Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share Based Compensation Performance Shares Award Valuation Assumptions

	Year ended December 31, 2022
Dividend yield	0.0%
Volatility	44.0%
Risk free interest rate	1.98%