Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.24.0.1
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense
The following table summarizes stock-based compensation expense that the Company recorded in (loss) income from operations for the periods shown:
Years Ended December 31,
2023 2022 2021
Selling and marketing $ 621  $ 813  $ 72 
General and administrative 9,236  8,547  1,704 
Research and development 8,865  8,367  2,679 
Stock-based compensation expense $ 18,722  $ 17,727  $ 4,455 
Capitalized stock-based compensation $ 1,800  $ 2,530  $ 657 
Schedule of Stock Option Activity
The following is a summary of stock option activity for time-based options for the year ended December 31, 2023 (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, 2022 9,222  $ 1.11 
Granted —  — 
Exercised (3,672) 0.85 
Forfeited (79) 1.89 
Expired (76) 1.63 
Outstanding - December 31, 2023 5,395  1.27  4.1 $ 8,339 
Unvested - December 31, 2023 107  2.67  6.7 136 
Exercisable - December 31, 2023 5,288  1.25  4.0 8,203 
Schedule of Nonvested Restricted Stock Units Activity
The following is a summary of RSU activity for the year ended December 31, 2023 (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, 2022 11,521  $ 4.28 
Granted 4,704  3.87
Vested (3,239) 4.26 $ 13,788 
Forfeited (1,284) 4.12
Outstanding - December 31, 2023 11,702  $ 4.15