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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Share-based Payment Arrangement, Expensed and Capitalized, Amount | During the years ended December 31, 2023, 2022 and 2021 the Company recognized stock-based compensation expense as follows (in thousands):
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Subscriber related | $ | 211 |  |  | $ | 144 |  |  | $ | 71 |
Sales and marketing | 22,886 |  |  | 22,198 |  |  | 7,818 |
Technology and development | 12,024 |  |  | 9,998 |  |  | 13,752 |
General and administrative | 16,094 |  |  | 20,114 |  |  | 31,509 |
| $ | 51,215 |  |  | $ | 52,454 |  |  | $ | 53,150 |
Share-based Payment Arrangement, Activity | A summary of stock option activity for the year ended December 31, 2023, is as follows (in thousands, except share and per share amounts):
| Number of Shares |  | Weighted Average Exercise Price |  | Total Intrinsic Value |  | Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2022 | 10,243,772 |  |  | $ | 6.43 |  |  | $ | 1,956 |  |  | 6.0
Granted | 636,298 |  |  | $ | 2.02 |  |  |  |  |
Exercised | (339,842) |  |  | $ | 1.10 |  |  |  |  |
Forfeited or expired | (64,621) |  |  | $ | 10.67 |  |  |  |  |
Outstanding as of December 31, 2023 | 10,475,607 |  |  | $ | 6.31 |  |  | $ | 6,534 |  |  | 5.3
Options vested and exercisable as of December 31, 2023 | 9,172,874 |  |  | $ | 6.48 |  |  | $ | 5,796 |  |  | 5.4
A summary of activity under the Plan for market and service-based stock options for the year ended December 31, 2023 is as follows (in thousands, except share and per share amounts):
| Number of Shares |  | Weighted Average Exercise Price |  | Total Intrinsic Value |  | Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2022 | 4,453,297 |  |  | $ | 12.75 |  |  | $ | — |  |  | 4.7
Outstanding as of December 31, 2023 | 4,453,297 |  |  | $ | 12.75 |  |  | $ | — |  |  | 3.7
Options vested and exercisable as of December 31, 2023 | 3,994,964 |  |  | $ | 11.96 |  |  | $ | — |  |  | 3.6
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The Company estimated the fair value of the warrants granted during the year ended December 31, 2022 using the Monte Carlo valuation model as follows:
Dividend yield |  | —
Expected price volatility |  | 107.0%
Risk free interest rate |  | 2.8%
Expected term (years) |  | 10.0
The following was used in determining the fair value of stock options granted during the year ended December 31, 2023:
Dividend yield |  | — | %
Expected price volatility |  | 49.8 | %
Risk free interest rate |  | 3.9 | %
Expected term (years) |  | 6.0
Schedule of Nonvested Restricted Stock Units Activity | A summary of the Company’s time-based restricted stock unit activity during the year ended December 31, 2023 is as follows:
| Number of Shares |  | Weighted Average Grant-Date Fair Value
Unvested at December 31, 2022 | 13,055,629 |  |  | $ | 5.25 |
Granted | 13,912,089 |  |  | $ | 2.99 |
Vested | (3,397,642) |  |  | $ | 5.82 |
Forfeited | (3,256,301) |  |  | $ | 3.72 |
Unvested at December 31, 2023 | 20,313,775 |  |  | $ | 3.85 |
A summary of the Company’s performance-based restricted stock unit activity during the year ended December 31, 2023 is as follows:
| Number of Shares |  | Weighted Average Grant-Date Fair Value
Unvested at December 31, 2022 | 1,520,000 |  |  | $ | 33.87 |
Granted | 895,834 |  |  | $ | 2.87 |
Vested | (286,667) |  |  | $ | 33.87 |
Forfeited | (93,333) |  |  | $ | 33.87 |
Unvested at December 31, 2023 | 2,035,834 |  |  | $ | 20.23 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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