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STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Estimate the Fair Value of Stock Options Granted

The assumptions used to estimate the fair value of stock options granted during the year ended December 31, 2024 are as follows:

									Year ended December 31,
									2024
Expected dividend yield									—
Expected volatility									103.0% - 107.0%
Expected term (years)									5.0 - 6.1
Risk free interest									4.0% - 4.2%

Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity during the periods presented (in thousands except share and per share data):

			Number of options						Weighted  average  exercise  price  ($)						Weighted average remaining contractual term (years)						Aggregate intrinsic value ($)
Outstanding as of December 31, 2023*			10,300,567						1.73						6.81						—
Granted			2,921,082						1.30
Exercised			(1,911,119)						0.90
Forfeited and expired			(325,792)						4.76
Outstanding as of December 31, 2024			10,984,738						1.67						6.64						75,270
Options exercisable as of December 31, 2024			9,145,652						1.46						6.25						64,379
Options unvested as of December 31, 2024			1,839,086						2.68						8.59						10,891

*As of December 31, 2023, a total of 10,547,844 options had been issued and remained outstanding under the 2020 Plan. The number of options, along with the weighted average exercise price and weighted average remaining contractual term shown in the table above, have been adjusted to the as-converted number of Commons Shares using the Conversion Ratio applied to these 10,547,844 options.

Schedule of RSU Activity and Related Information

The following table summarizes the RSU activity and related information under the 2022 Plan (in thousands except share and per share data):

			Number of RSUs						Weighted average Grant Date Fair Value ($)
Unvested as of December 31, 2023			7,045,813						3.13
Granted			7,058,265						1.66
Forfeited and expired			(553,478)						2.14
Vested			(4,763,578)						2.69
Unvested as of December 31, 2024			8,787,022						2.25

Schedule of Stock-Based Compensation Expense

The following table summarizes the stock-based compensation expense classified in the consolidated statements of operations and comprehensive loss as follows (in thousands):

									Year Ended December 31,
															2024						2023
Cost of revenue															$	647					$	1,272
Research and development															5,089						8,286
General and administrative															8,166						11,356
Sales and marketing															1,759						1,005
Total stock-based compensation															$	15,661					$	21,919

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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