Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.2.2
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2022 2021 2022 2021
Selling and marketing $ 165  $ 22  $ 646  $ 54 
General and administrative 1,767  117  6,319  1,587 
Research and development 1,622  694  6,598  2,039 
Stock-based compensation expense $ 3,554  $ 833  $ 13,563  $ 3,680 
Capitalized stock-based compensation $ 430  $ 184  $ 1,966  $ 502 
Summary of Stock Option Activity
The following is a summary of stock option activity for time-based options for the nine months ended September 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 (2,150) 0.56 
Forfeited (233) 1.91 
Expired (104) 1.99 
Outstanding - September 30, 2022 12,262  0.87  5.9 $ 32,604 
Unvested - September 30, 2022 1,776  0.87  6.9 4,929 
Exercisable - September 30, 2022 10,486  $ 0.87  5.7 $ 27,675 
Summary of Restricted Stock Units Activity
The following is a summary of RSU activity for the nine months ended September 30, 2022 (in thousands, except weighted-average grant date fair value):
No. of
RSUs
Weighted-Average Grant Date Fair Value Total Fair Value of Shares Vested
Outstanding - December 31, 2021 —  $ — 
Granted 10,255  4.21
Vested (1,518) 4.32 $ 6,552 
Forfeited (426) 4.11
Outstanding - September 30, 2022 8,311  $ 4.20