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Stockholders’ Equity (Tables) | 6 Months Ended
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Jun. 30, 2024
Equity [Abstract] |
Summary of Share-based Payment Arrangement, Option, Activity | The following table summarizes option activity under the plans:
| Options Outstanding |  | Weighted-Average Remaining |  | Aggregate Intrinsic Value (In Millions)
| Number of Shares |  | Weighted Average Exercise Price |  | Contract Term (In Years) |
Outstanding as of December 31, 2023 | 1,589,529 |  | $ | 16.13 |  |  | 6.8 |  | $ | 0.2 |
Granted | — |  | — |  |  |  |  |
Exercised | (100,502) |  | 13.27 |  |  |  |  |
Cancelled/Expired | (69,472) |  | 15.49 |  |  |  |  |
Outstanding as of June 30, 2024 | 1,419,555 |  | 16.37 |  |  | 6.4 |  | $ | 2.4 |
Vested and exercisable as of June 30, 2024 | 1,346,313 |  | $ | 16.39 |  |  | 6.3 |  | $ | 2.3 |
Summary of Unvested Restricted Stock Units Roll Forward | The following table summarizes the RSU and PRSU activity for the six months ended June 30, 2024:
| Number of Shares |  | Weighted Average Grant-Date Fair Value per Share
Unvested and outstanding as of December 31, 2023 | 2,534,683 |  | $ | 28.28 |
Granted | 1,263,148 |  | 19.52 |
Released | (788,735) |  | 25.61 |
Canceled and forfeited | (296,673) |  | 28.09 |
Unvested and outstanding as of June 30, 2024 | 2,712,423 |  |  | $ | 25.01 |
Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount | Total stock-based compensation expense, classified in the accompanying condensed consolidated statements of operations and comprehensive loss was as follows (in millions):
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023 |  |
Losses and loss adjustment expenses | $ | 0.3 |  |  | $ | 0.1 |  |  | $ | 0.5 |  |  | $ | 0.6 |  |  |
Insurance related expenses | 1.6 |  |  | 1.4 |  |  | 2.0 |  |  | 2.6 |  |  |
Technology and development | 1.9 |  |  | 3.9 |  |  | 3.6 |  |  | 7.3 |  |  |
Sales and marketing | 2.7 |  |  | 3.6 |  |  | 4.6 |  |  | 7.9 |  |  |
General and administrative | 5.4 |  |  | 7.7 |  |  | 9.6 |  |  | 14.4 |  |  |
Total stock-based compensation expense | $ | 11.9 |  |  | $ | 16.7 |  |  | $ | 20.3 |  |  | $ | 32.8 |  |  |

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