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Incentive Plans (Tables) | 3 Months Ended
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Mar. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of RSAs Associated With Compensation Arrangements | The following is a summary of activity related to the RSUs associated with compensation arrangements during the three months ended March 31, 2024:
| RSU’s |  | Weighted- Average Grant-Date Fair Value
Unvested balance as of January 1, 2024 | 3,897,957 |  |  | $ | 24.85 |
Granted | 1,079,232 |  |  | 18.61 |
Vested | (294,056) |  |  | 24.26 |
Forfeited | (241,798) |  |  | 26.37 |
Unvested balance as of March 31, 2024 | 4,441,335 |  |  | $ | 23.50 |
Schedule of Compensation Expense Related to the RSAs | Below is the compensation expense recognized related to the RSUs:
|  | Three months ended March 31,
|  | 2024 |  | 2023
Cost of direct salaries and benefits |  | $ | 126 |  |  | $ | 73 |
Research and development |  | 3,553 |  |  | 4,950 |
Sales and marketing |  | 232 |  |  | (101) |
General and administrative |  | 3,764 |  |  | 4,612 |
Total |  | $ | 7,675 |  |  | $ | 9,534 |
Below is a summary of total compensation expense recorded in relation to the Company’s incentive plans:
|  | Three months ended March 31,
|  | 2024 |  | 2023
RSAs |  | $ | — |  |  | $ | 7 |
RSUs |  | 7,675 |  |  | 9,534 |
Founder PSUs |  | 2,990 |  |  | 6,485 |
Total |  | $ | 10,665 |  |  | $ | 16,026 |
|  | Three months ended March 31,
|  | 2024 |  | 2023
Cost of direct salaries and benefits |  | $ | 126 |  |  | $ | 73 |
Research and development |  | 3,553 |  |  | 4,952 |
Sales and marketing |  | 232 |  |  | (101) |
General and administrative |  | 6,754 |  |  | 11,102 |
Total |  | $ | 10,665 |  |  | $ | 16,026 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition 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. + References No definition available. + Details
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