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Stock-based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Stock Based Compensation Cost

We recorded stock-based compensation expense in the following categories in the accompanying unaudited condensed consolidated statements of operations and balance sheets (in thousands):

			Three Months Ended June 30,															Six Months Ended June 30,
						2022						2021						2022						2021
Cost of revenue						$	1,331					$	762					$	1,608					$	821
Sales and marketing						3,536						5,143						6,661						5,350
Technology and development						4,148						17,619						8,446						18,145
General and administrative						13,832						21,430						27,997						24,580
Total stock-based compensation expense						22,847						44,954						44,712						48,896
Amount capitalized to internal-use software						749						13						1,230						26
Total stock-based compensation expense						$	23,596					$	44,967					$	45,942					$	48,922

Schedule of Stock Options Activity

Stock option activity for the six months ended June 30, 2022 is as follows (in thousands, except weighted-average exercise price and remaining contract life):

			Number of Options						Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Life (in Years)						Aggregate Intrinsic Value
Outstanding at December 31, 2021			15,274						$	10.47					8.0						$	97,094
Granted			2,766						14.15
Exercised			(258)						1.11
Cancelled/forfeited			(10)						1.16
Outstanding at June 30, 2022			17,772						$	11.15					7.9						$	21,781
Vested and expected to vest at June 30, 2022			17,764						$	11.19					7.9						$	21,757
Exercisable at June 30, 2022			8,516						$	9.21					7.3						$	15,200

Schedule of Fair Value Assumptions and Techniques for Stock Options

The weighted-average assumptions that were used to calculate the grant-date fair value of our stock option grants using the Black-Scholes option pricing model were as follows:

			Three Months Ended June 30,															Six Months Ended June 30,
						2022						2021						2022						2021
Expected life (years)						—						5.4						5.6						5.4
Risk-free interest rate						—		%				1.0		%				2.6		%				1.0		%
Expected volatility						—		%				45.6		%				47.6		%				45.6		%
Expected dividend yield						—						—		%				—						—		%

Summary of Restricted Stock Unit Activity

Restricted Stock Units

Restricted stock unit, or RSU, activity for the six months ended June 30, 2022 is as follows (in thousands, except weighted-average grant-date fair value):

			Number of Units						Weighted- Average Grant- Date Fair Value
Unvested at December 31, 2021			3,577						$	21.52
Granted			5,310						13.96
Cancelled/forfeited			(432)						14.83
Vested			(663)						20.01
Unvested at June 30, 2022			7,792						$	16.94

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