Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.1
STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Stock-based Compensation Expense
The following table summarizes stock-based compensation expense that the Company recorded in income (loss) from operations for the periods shown:
Three Months Ended March 31,
2022 2021
Selling and marketing $ 319  $ 21 
General and administrative 3,149  383 
Research and development 3,400  496 
Stock-based compensation expense $ 6,868  $ 900 
Capitalized stock-based compensation $ 1,101  $ 209 
Summary of Stock Option Activity
The following is a summary of stock option activity for time-based and performance-based options for the three months ended March 31, 2022 (in thousands, except weighted-average exercise price and remaining term):
No. of
Options		 Weighted-Average
Exercise Price		 Weighted-Average
Remaining Term (in Years)		 Aggregate
Intrinsic Value
Outstanding - December 31, 2021 14,749  $ 0.85 
Granted —  — 
Exercised (113) 1.15 
Forfeited (85) 2.06 
Expired (64) 1.74 
Outstanding - March 31, 2022 14,487  0.84  6.0 $ 58,490 
Unvested - March 31, 2022 3,141  0.85  7.3 12,803 
Exercisable - March 31, 2022 11,346  0.83  5.6 45,687 
Summary of Restricted Stock Units Activity
The following is a summary of RSU activity for the three months ended March 31, 2022:
No. of
RSUs
Outstanding - December 31, 2021 — 
Granted 7,871 
Vested (160)
Forfeited (21)
Outstanding - March 31, 2022 7,690