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Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Stock Option Activity

A summary of the status of the Company’s stock option activity and the changes during the six months ended June 30, 2025, are as follows (in millions, except share and per share amounts):

 

 

Number of
Shares

 

 

Weighted
Average
Exercise Price
Per Share

 

 

Average
Remaining
Contractual
Term

 

 

Aggregate
Intrinsic
Value

 

    Exercisable at December 31, 2024

 

 

1,640,638

 

 

 

10.12

 

 

 

5.7

 

 

$

53.4

 

Balance at December 31, 2024

 

 

1,906,483

 

 

 

11.51

 

 

 

6.0

 

 

$

59.4

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(144,232

)

 

 

9.75

 

 

 

 

 

 

 

Forfeited

 

 

(35,679

)

 

 

19.17

 

 

 

 

 

 

 

Expired

 

 

(24,490

)

 

 

29.25

 

 

 

 

 

 

 

Balance at June 30, 2025

 

 

1,702,082

 

 

 

11.24

 

 

 

5.2

 

 

$

38.6

 

    Exercisable at June 30,2025

 

 

1,557,526

 

 

 

10.40

 

 

 

5.0

 

 

$

36.6

 

Summary of Restricted Stock Unit Activity

A summary of the status of the Company’s restricted stock unit activity and the changes during the six months ended June 30, 2025 are as follows (in millions, except share and per share amounts):

 

 

Number of
Shares

 

 

Weighted
Average
Grant Date fair value (per share)

 

 

Aggregate
Intrinsic
Value

 

Unvested RSUs as of December 31, 2024

 

 

2,530,358

 

 

 

19.15

 

 

$

107.9

 

Granted

 

 

1,352,865

 

 

 

25.72

 

 

 

 

Vested

 

 

(730,629

)

 

 

20.24

 

 

 

 

Forfeited and cancelled

 

 

(326,589

)

 

 

21.43

 

 

 

 

Unvested RSUs as of June 30, 2025

 

 

2,826,005

 

 

 

21.75

 

 

$

95.5

 

Schedule of Total Stock-based Compensation Costs

Total stock-based compensation cost for the three and six months ended June 30, 2025 and 2024 were as follows (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Sales and marketing

 

$

2,194

 

 

$

2,400

 

 

$

4,223

 

 

$

3,920

 

Operations and support

 

 

2,684

 

 

 

2,241

 

 

 

5,173

 

 

 

4,333

 

Product development

 

 

1,731

 

 

 

1,834

 

 

 

3,400

 

 

 

3,250

 

General and administrative

 

 

1,286

 

 

 

1,650

 

 

 

2,441

 

 

 

2,658

 

Total stock compensation expense

 

$

7,895

 

 

$

8,125

 

 

$

15,237

 

 

$

14,161

 

 

Performance Restricted Stock Units  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of Restricted Stock Unit Activity

A summary of the status of the Company's performance restricted stock unit activity and the changes during the six months ended June 30, 2025 are as follows (in millions, except share and per share amounts):

 

 

Number of
Shares

 

 

Weighted
Average
Grant Date fair value (per share)

 

 

Aggregate
Intrinsic
Value

 

Unvested PRSUs as of December 31, 2024

 

 

272,515

 

 

 

17.32

 

 

$

11.6

 

Granted

 

 

328,616

 

 

 

22.87

 

 

 

 

Vested

 

 

(91,527

)

 

 

17.32

 

 

 

 

Forfeited and cancelled

 

 

(48,367

)

 

 

20.26

 

 

 

 

Unvested PRSUs as of June 30, 2025

 

 

461,237

 

 

 

20.97

 

 

$

15.6