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Equity-based compensation
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Equity-based compensation Equity-based compensation
Equity-based compensation cost recognized for equity-based awards outstanding during the three months ended March 31, 2024 and 2023 was as follows:
Three Months Ended
March 31,
(in thousands)20242023
QLH restricted Class B-1 units$$45 
Restricted Class A shares105 202 
Restricted stock units8,470 14,057 
Performance-based restricted stock units52 37 
Total equity-based compensation$8,634 $14,341 
Equity-based compensation cost was included in the following expense categories in the consolidated statements of operations during the three months ended March 31, 2024 and 2023:
Three Months Ended
March 31,
(in thousands)20242023
Cost of revenue$1,857 $966 
Sales and marketing1,701 2,381 
Product development1,482 2,172 
General and administrative3,594 8,822 
Total equity-based compensation$8,634 $14,341 
As of March 31, 2024, total unrecognized compensation cost related to unvested QLH restricted Class B-1 units, restricted Class A shares, restricted stock units, and PRSUs was $9 thousand, $0.2 million, $73.4 million, and $1.1 million, respectively, which are expected to be recognized over weighted-average periods of 0.32 years, 0.41 years, 2.82 years, and 0.95 years, respectively.