Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.2
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 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 June 30, Six Months Ended June 30,
2022 2021 2022 2021
Selling and marketing $ 162  $ 14  $ 481  $ 32 
General and administrative 1,403  1,238  4,552  1,469 
Research and development 1,576  777  4,975  1,428 
Stock-based compensation expense $ 3,141  $ 2,029  $ 10,008  $ 2,929 
Capitalized stock-based compensation $ 436  $ 111  $ 1,537  $ 320 
Summary of Stock Option Activity
The following is a summary of stock option activity for time-based options for the six months ended June 30, 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 (786) 0.94 
Forfeited (136) 2.23 
Expired (75) 2.29 
Outstanding - June 30, 2022 13,752  0.82  5.9 $ 47,925 
Unvested - June 30, 2022 2,453  0.86  7.0 8,634 
Exercisable - June 30, 2022 11,299  0.82  5.6 39,291 
Summary of Restricted Stock Units Activity
The following is a summary of RSU activity for the six months ended June 30, 2022:
No. of
RSUs
Outstanding - December 31, 2021 — 
Granted 8,466 
Vested (1,031)
Forfeited (135)
Outstanding - June 30, 2022 7,300