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Restricted Stock Units (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following table summarizes the Company's RSU activity pursuant to the 2014 Plan and the 2024 Plan for the six months ended June 30, 2024:
Weighted AverageNumber of Awards
Grant Date Fair ValueRemaining Contract Term (in years)
Balance as of December 31, 2023$7.20 6.563,398,276 
Granted15.69 9.62980,059 
Vested(1)
7.16 5.54(2,679,397)
Forfeited / canceled8.64 6.74(92,989)
Balance as of June 30, 2024$12.13 9.091,605,949 
(1)Vested RSUs as of June 30, 2024 are excluded from the calculation of the Company’s common stock outstanding on the Company’s condensed consolidated balance sheet and condensed consolidated statements of stockholders’ equity as of June 30, 2024, due to the pending issuance of the common stock which are subject to lock-up agreements.
Share-Based Payment Arrangement, Expensed and Capitalized, Amount The following table summarizes stock-based compensation expense by function for the three and six months ended June 30, 2024:
Amount
(in thousands)
General and administrative$11,745 
Research and development4,065 
Selling and marketing3,552 
Cost of revenue2,467 
$21,829