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Stockholders’ Equity (Tables)

3 Months Ended

Mar. 31, 2022

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Outstanding Warrants Activity

A summary of the Company’s outstanding warrants as of March 31, 2022, are presented below (in thousands, except share and per share amounts):

 Schedule of Outstanding Warrants Activity

		Number of Warrants				Weighted Average Exercise Price				Total Intrinsic Value				Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2021			565,544			$	9.96			$	3,546				0.1
Exercised			(540,541	)		$	9.25
Expired			(25,000	)		$	9.25
Outstanding and exercisable as of March 31, 2022			3			$	24,000.00			$	-				-

Schedule of Recognized Stock-Based Compensation Expense

During the three months ended March 31, 2022 and 2021, the Company recognized stock-based compensation expense as follows:

Schedule of Recognized Stock-Based Compensation Expense 

		2022				2021
		For the Three Months Ended March 31,
		2022				2021
Subscriber related		$	40			$	14
Sales and marketing			8,880				713
Technology and development			2,684				2,070
General and administrative			7,845				6,577
Stock-based compensation expense		$	19,449			$	9,374

Schedule of Stock Option Activity

A summary of stock option activity for the three months ended March 31, 2022, is as follows (in thousands, except share and per share amounts):

 Schedule of Stock Option Activity

		Number of Shares				Weighted Average Exercise Price				Total Intrinsic Value				Weighted Average Remaining Contractual Life  (in years)
Outstanding as of December 31, 2021			11,454,890			$	6.40			$	70,231				7.4
Exercised			(349,847	)		$	1.27
Forfeited or expired			(373,568	)		$	10.27
Outstanding as of March 31, 2022			10,731,475			$	6.44			$	20,097				6.8
Options vested and exercisable as of March 31, 2022			7,066,665			$	5.17			$	18,857				6.1

Schedule of Stock Options Assumptions

 Schedule of Stock Options Assumptions

		March 31, 2021
Dividend yield			0	%
Expected price volatility			44.85	%
Risk free interest rate			0.73	%
Expected term (years)			6.1

Schedule of Restricted Stock Unit Activity

A summary of the Company’s time-based restricted stock unit activity during the three months ended March 31, 2022 is as follows:

 Schedule of Restricted Stock Unit Activity

		Number of Shares				Weighted Average Grant-Date Fair Value
Unvested at December 31, 2021			2,785,800			$	25.74
Granted			1,668,269			$	7.40
Vested			(112,326	)		$	27.72
Forfeited			(84,152	)		$	22.15
Unvested at March 31, 2022			4,257,591			$	18.56

Market and Service Condition Based Options [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Stock Option Activity

A summary of activity under the Plan for market and service-based stock options for the three months ended March 31, 2022 is as follows (in thousands, except share and per share amounts):

Schedule of Stock Option Activity

		Number of Shares				Weighted Average Exercise Price				Total Intrinsic Value				Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2021			4,453,297			$	12.75			$	17,933				5.7
Outstanding as of March 31, 2022			4,453,297			$	12.75			$	-				5.4
Options vested and exercisable as of March 31, 2022			3,078,297			$	9.69			$	-				5.1

Performance-Based Restricted Stock Units [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Schedule of Restricted Stock Unit Activity

A summary of the Company’s performance-based restricted stock unit activity during the three months ended March 31, 2022 is as follows:

Schedule of Restricted Stock Unit Activity

		Number of Shares				Weighted Average Grant-Date Fair Value
Unvested at December 31, 2021			1,900,000			$	33.87
Vested			(280,000	)		$	33.87
Unvested at March 31, 2022			1,620,000			$	33.87

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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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