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Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Valuation Assumptions

The key inputs into the Monte Carlo simulation as of September 30, 2025, and December 31, 2024, were as follows:

			September 30, 2025						December 31, 2024
Expected term (in years)			2.1 - 10.0						10.0
Expected stock price volatility (1)			45.0% - 55.0%						60.0		%
Risk-free interest rate (2)			3.6% - 4.2%						4.6		%
Expected dividend yield (3)			—		%				—		%

(1)Expected volatility is based on a blend of historical volatility observed for a publicly traded peer group and the Company’s specific volatility over a period equivalent to the expected term of the awards.

(2)The risk-free interest rate is based on the U.S. Treasury yield of treasury bonds with a maturity that approximates the expected term of the awards.

(3)The Company has not historically paid any cash dividends on its common stock.

Summary of Restricted Stock Unit Activity

The following table summarizes the unvested time-based RSU activity during the nine months ended September 30, 2025:

			Number of Shares						Weighted Average Grant Date Fair Value
Outstanding at December 31, 2024			6,110,486						$	9.66
Granted			2,591,261						$	21.13
Vested			(1,684,652)						$	10.35
Forfeited or expired			(445,151)						$	11.73
Outstanding at September 30, 2025			6,571,944						$	13.86

Summary of Stock Option Activity

The following table summarizes the stock option activity for the nine months ended September 30, 2025:

			Number of Options						Weighted Average Exercise Price
Outstanding at December 31, 2024			705,116						$	5.00
Exercised			(321,614)						$	4.77
Forfeited or expired			(24,973)						$	7.16
Outstanding at September 30, 2025			358,529						$	5.05

Summary of the Components of Total Stock-Based Compensation Expense

The following table summarizes stock-based compensation expenses for the three and nine months ended September 30, 2025 and 2024:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Selling, general and administrative expenses			$	2,655					$	5,843					$	26,080					$	20,183
Product development expenses			3,364						1,209						7,415						2,459
			$	6,019					$	7,052					$	33,495					$	22,642

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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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