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Stock-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Option Activity | The following summarizes the stock option activity for the three months ended March 31, 2024:
| 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, 2023 | 97,480 |  |  | $ | 12.75 |  |  | 2.97 |  | $ | 332 |
Granted | — |  |  | — |  |  |  |  |
Exercised | (10,849) |  |  | 9.49 |  |  |  |  |
Forfeited or expired | — |  |  | — |  |  |  |  |
Outstanding as of March 31, 2024 | 86,631 |  |  | $ | 13.16 |  |  | 2.84 |  | $ | 494 |
Options vested and exercisable at March 31, 2024 | 86,631 |  |  | $ | 13.16 |  |  | 2.84 |  | $ | 494 |
Options vested and expected to vest as of March 31, 2024 | 86,631 |  |  | $ | 13.16 |  |  | 2.84 |  | $ | 494 |
Schedule of Restricted Stock Unit Activity | The following summarizes the restricted stock unit (“RSU”) activity for the three months ended March 31, 2024:
| Number of awards outstanding |  | Weighted-average grant date fair value (Per share)
Nonvested RSUs as of December 31, 2023 | 5,066,159 |  |  | $ | 18.41 |
Granted | 633,512 |  |  | 20.69 |
Vested | (920,435) |  |  | 28.55 |
Forfeited | (54,133) |  |  | 17.70 |
Nonvested RSUs as of March 31, 2024 | 4,725,103 |  |  | $ | 16.74 |
Schedule of Stock-Based Compensation Expense | The Company recognized total stock-based compensation expense as follows:
|  |  | Three months ended March 31,
|  |  |  |  | 2024 |  | 2023 |  |
|  |  |  |  | (In thousands)
Cost of revenue |  |  |  |  | $ | 396 |  |  | $ | 192 |  |  |
Research and development |  |  |  |  | 5,316 |  |  | 3,141 |  |  |
Sales and marketing |  |  |  |  | 2,166 |  |  | 1,237 |  |  |
General and administrative |  |  |  |  | 4,461 |  |  | 2,808 |  |  |
Total |  |  |  |  | $ | 12,339 |  |  | $ | 7,378 |  |  |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- 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
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- 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 -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -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
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