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STOCK-BASED COMPENSATION
3 Months Ended
Mar. 31, 2022
STOCK-BASED COMPENSATION  
STOCK-BASED COMPENSATION

NOTE 10 – STOCK-BASED COMPENSATION

Stock Options and RSUs

The following table summarizes the options to purchase shares of common stock activity under our equity incentive plans for the three months ended March 31, 2022:

Options

Outstanding at December 31, 2021

 

44,940,169

Granted

 

Exercised

 

(1,935,844)

Expired

 

Forfeited

 

(763,984)

Outstanding at March 31, 2022

42,240,341

Exercisable at March 31, 2022

31,023,032

The weighted average exercise price of the options outstanding as of March 31, 2022 was $4.14 per share.

The following table summarizes the RSUs activity under our equity incentive plans as of March 31, 2022:

    

Units

Outstanding December 31, 2021

 

9,725,027

Awarded

 

12,626,426

Vested

 

(276,366)

Forfeited

 

(377,996)

Outstanding March 31, 2022

 

21,697,091

In the three months ended March 31, 2022, the Company granted options and RSUs that vest over a three and a half or four-year period from the grant date.

In the three months ended March 31, 2022, 12,626,426 RSUs were granted.

The impact on our results of operations of recording stock-based compensation expense under the Company’s equity incentive plans were as follows:

Three Months Ended

    

March 31, 

    

2022

    

2021

Other operating expenses

$

2,937

$

1,199

Research and development expenses

 

2,144

 

899

Sales and marketing expenses

 

3,700

 

1,040

General and administrative expenses

 

4,127

 

1,159

Total stock-based compensation

$

12,908

$

4,297