XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.2
Noncash Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Noncash Share-based Compensation [Abstract]  
Awards outstanding [Table Text Block] The following table presents the number of shares or units outstanding for each award type as of June 30, 2024 and December 31, 2023 (in thousands): 
Award typeJune 30, 2024December 31, 2023
Restricted stock units (time-based)2,969 2,767 
Market stock units439 358 
Schedule of Share-based Compensation Expense The following table summarizes share-based compensation expense included in the Company's unaudited condensed consolidated statements of comprehensive loss for the three and six months ended June 30, 2024 and 2023 (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Share-based compensation:
Cost of revenue$1,151 $985 $2,219 $1,817 
Operating expenses:
Selling and marketing2,437 3,103 6,065 6,031 
Research and development2,114 2,673 5,645 5,023 
General and administrative4,546 3,991 9,019 7,785 
Total included in operating expenses9,097 9,767 20,729 18,839 
Total share-based compensation expense$10,248 $10,752 $22,948 $20,656 
Market Stock Units Valuation Assumptions The weighted average assumptions used to value the MSUs granted during the three and six months ended June 30, 2024 were as follows:
Three Months Ended June 30, 2024Six Months Ended June 30, 2024
Volatility52.06 %51.24 %
Risk-free interest rate4.82 %4.14 %
Expected award life in years2.702.90
Dividend yield— %— %