Summary of Equity Based Compensation Expense Recognized

A summary of the expense by line item in the condensed consolidated statements of operations for the three and six months ended June 30, 2022 and 2021, respectively, is provided in the following table.


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2022		2021		2022		2021
Cost of revenue	$	230	$	16	$	462	$	31
Sales and marketing		5,056		139		8,802		241
Product development		1,841		78		3,130		154
General and administrative		1,878		1,382		3,483		1,595
Total compensation expense	$	9,005	$	1,615	$	15,877	$	2,021

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

Schedule of Company’s Unvested Time-Based and Performance-Based Unit Activity

The following table summarizes the Company’s unvested time-based RSU activity for the six months ended June 30, 2022:


	Time-Based RSUs
				Weighted
	Restricted			Average Grant
	Stock Units			Date Fair Value
Unvested at December 31, 2021		1,935,899		$	32.59
Granted		1,659,216			22.74
Vested		(11,729	)		17.11
Forfeited		(100,857	)		26.65
Unvested at June 30, 2022		3,482,529		$	28.12

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