XML 40 R30.htm IDEA: XBRL DOCUMENT v3.25.3
Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Assumptions Used to Determine the Fair Value of Stock Options Granted
The weighted average assumptions used to determine the fair value of the PSUs with market conditions were as follows:
2025
Expected term (in years)7.0
Expected volatility64.7 %
Risk-free interest rate4.3 %
Dividend yield— 
Schedule of Stock-based Compensation Expense
The following table sets forth the total stock-based compensation expense included in the Company’s condensed consolidated statements of operations:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
(in thousands)
Cost of revenue$3,423 $2,820 $9,368 $8,202 
Sales and marketing31,863 23,668 94,124 67,646 
Research and development34,309 38,990 112,958 99,974 
General and administrative40,322 22,777 111,379 68,147 
Total stock-based compensation expense$109,917 $88,255 $327,829 $243,969