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Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

The following summarizes the stock option activity for the six months ended June 30, 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			(12,474)						9.50
Forfeited or expired			—						—
Outstanding as of June 30, 2024			85,006						$	13.23					2.61						$	403
Options vested and exercisable at June 30, 2024			85,006						$	13.23					2.61						$	403
Options vested and expected to vest as of June 30, 2024			85,006						$	13.23					2.61						$	403

Schedule of Restricted Stock Unit Activity

The following summarizes the restricted stock unit (“RSU”) activity for the six months ended June 30, 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			668,891						20.70
Vested			(1,171,450)						26.37
Forfeited			(206,720)						16.79
Nonvested RSUs as of June 30, 2024			4,356,880						$	16.69

Schedule of Stock-Based Compensation Expense

The Company recognized total stock-based compensation expense as follows:

			Three months ended June 30,												Six months ended June 30,
			2024						2023						2024						2023
			(In thousands)
Cost of revenue			$	375					$	204					$	771					$	396
Research and development			4,684						3,315						10,000						6,456
Sales and marketing			2,105						1,428						4,270						2,665
General and administrative			4,196						3,058						8,658						5,866
Total			$	11,360					$	8,005					$	23,699					$	15,383

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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

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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.

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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
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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.

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-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
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