XML 42 R30.htm IDEA: XBRL DOCUMENT
v3.25.3

Stock-based compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock-Based Compensation Expense | The Company recognized stock-based compensation expense for all equity arrangements as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in thousands)
Cost of revenue: |  |  |  |  |  |  |
Subscription | $ | 3,228 |  |  | $ | 2,931 |  |  | $ | 9,751 |  |  | $ | 8,542 |
Services | 445 |  |  | 445 |  |  | 1,242 |  |  | 1,308 |
Sales and marketing | 5,267 |  |  | 7,887 |  |  | 20,827 |  |  | 22,561 |
Research and development | 6,536 |  |  | 6,581 |  |  | 19,954 |  |  | 18,981 |
General and administrative | 6,462 |  |  | 7,563 |  |  | 22,371 |  |  | 20,877 |
| $ | 21,938 |  |  | $ | 25,407 |  |  | $ | 74,145 |  |  | $ | 72,269 |
Schedule of Return Target and Service Based Options Activity | The table below summarizes return target option activity for the nine months ended September 30, 2025:
| Options |  | Weighted-Average Exercise Price |  | Weighted-Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value (in thousands)
Outstanding, December 31, 2024 | 2,265,275 |  |  | $ | 6.66 |  |  | 3.7 |  | $ | 16,740 |
Exercised | (118,234) |  |  | 7.33 |  |  |  |  | 293 |
Outstanding, September 30, 2025 | 2,147,041 |  |  | $ | 6.62 |  |  | 2.9 |  | $ | 8,753 |
Options exercisable at September 30, 2025 | 2,147,041 |  |  | $ | 6.62 |  |  | 2.9 |  | $ | 8,753 |
Vested or expected to vest at September 30, 2025 | 2,147,041 |  |  | $ | 6.62 |  |  | 2.9 |  | $ | 8,753 |
The table below summarizes the service-based option activity for the nine months ended September 30, 2025:
| Options |  | Weighted-Average Exercise Price |  | Weighted-Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value (in thousands)
Outstanding, December 31, 2024 | 757,343 |  |  | $ | 5.52 |  |  | 3.0 |  | $ | 6,464 |
Exercised | (33,716) |  |  | 5.49 |  |  |  |  | 169 |
Outstanding, September 30, 2025 | 723,627 |  |  | $ | 5.52 |  |  | 2.1 |  | $ | 3,751 |
Options exercisable at September 30, 2025 | 723,627 |  |  | $ | 5.52 |  |  | 2.1 |  | $ | 3,751 |
Vested or expected to vest at September 30, 2025 | 723,627 |  |  | $ | 5.52 |  |  | 2.1 |  | $ | 3,751 |
Schedule of RSU Activity | RSU activity for the nine months ended September 30, 2025 was as follows:
| Units |  | Weighted-Average Grant Date Fair Value (per share)
Outstanding, December 31, 2024 | 11,737,145 |  |  | $ | 20.73 |
Granted | 7,839,903 |  |  | 12.85 |
Vested | (3,336,860) |  |  | 22.49 |
Forfeited | (1,769,338) |  |  | 18.06 |
Outstanding, September 30, 2025 | 14,470,850 |  |  | $ | 16.38 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration