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Stockholders Equity and Equity Incentive Plan (Tables)

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Schedule of Share-based Payment Arrangement, Option, Activity

The following table summarizes the option award activity for the nine months ended September 30, 2022 (in thousands, except share price, fair value and term):

			Number of Options																		Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Term (in years)						Aggregate Intrinsic Value (in thousands)
			Total						Service based						Performance- based
Outstanding at December 31, 2021			25,884						17,768						8,116						$	16.53					7.36						$	529,265
Exercised			(1,453)						(1,218)						(235)						$	12.26
Forfeited or expired			(877)						(624)						(253)						$	17.16
Outstanding at September 30, 2022			23,554						15,926						7,628						$	16.77					6.7						$	89,906

Schedule of Share-based Payment Arrangement, Restricted Stock Units and Performance Stock Units, Activity

The following table summarizes RSU and PSU activity and related information during the nine months ended September 30, 2022 under the 2021 Plan (in thousands, except share price):

			Number of RSUs and PSUs																		Weighted-Average Grant Date Fair Value
			Total						Service based						Performance- based
Unvested and outstanding as of December 31, 2021			7,570						7,570						—						$	33.02
Granted			5,119						4,031						1,088						$	21.81
Vested			(1,419)						(1,419)						—						$	32.31
Forfeited			(732)						(728)						(4)						$	31.13
Unvested and outstanding as of September 30, 2022			10,538						9,454						1,084						$	27.79

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions

The following table summarizes the weighted-average assumptions used in estimating the fair value of the ESPP for the offering periods during the three and nine months ended September 30, 2022 using the Black-Scholes pricing model:

			Three Months Ended September 30,						Nine Months Ended September 30,
			2022						2022
ESPP:
Expected term (in years)			0.5 - 1.0						0.5 - 1.0
Expected volatility			42.4% - 45.2%						34.8% - 45.2%
Risk-free interest rate			3.3% - 3.5%						0.6% - 3.5%
Expected dividend yield			—%						—%
Fair value of common stock			$21.55						$20.05 - $21.55

Schedule of Share-based Payment Arrangement, Expensed and Capitalized, Amount

The stock-based compensation (excluding deferred compensation) for the periods indicated below are as follows (in thousands):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2022						2021						2022						2021
Cost of revenues			$	5,247					$	302					$	15,064					$	782
Research and development			10,329						1,344						29,750						3,148
Sales and marketing			10,500						1,453						28,072						3,323
General and administrative			8,079						934						25,102						2,665
Total stock-based compensation			$	34,155					$	4,033					$	97,988					$	9,918

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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 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 employee stock purchase plans, including, but not limited to: (a) expected term, (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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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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