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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following summarizes the stock option activity for the nine months ended September 30, 2023:
Number of
options
outstanding
Weighted-
average
exercise price
(Per share)
Weighted-
average
remaining
contract life
(In years)
Aggregate
intrinsic value 
(In thousands)
Outstanding as of December 31, 2022159,741 $10.42 2.57$2,001 
Granted— — 
Exercised(61,349)6.74 
Forfeited or cancelled(287)9.16 
Outstanding as of September 30, 202398,105 $12.73 3.22$116 
Options vested and exercisable at September 30, 202398,105 $12.73 3.22$116 
Options vested and expected to vest as of September 30, 202398,105 $12.73 3.22$116 
Schedule of Restricted Stock Unit Activity
The following summarizes the restricted stock unit (“RSU”) activity for the nine months ended September 30, 2023:
Number of awards outstandingWeighted-average grant date fair value (Per share)
Nonvested RSUs as of December 31, 20222,607,106 $32.33 
Granted360,927 13.16 
Vested(281,166)50.45 
Forfeited or cancelled(138,912)28.76 
Nonvested RSUs as of September 30, 20232,547,955 $27.81 
Schedule of Stock-Based Compensation Expense
The Company recognized total stock-based compensation expense as follows:
Three months ended September 30,Nine months ended September 30,
2023202220232022
(In thousands)
Cost of revenue$182 $93 $578 $283 
Research and development2,822 1,767 9,278 5,298 
Sales and marketing1,160 593 3,825 2,219 
General and administrative2,778 2,439 8,644 7,259 
Total$6,942 $4,892 $22,325 $15,059