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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following summarizes the stock option activity for the nine months ended September 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, 202397,480 $12.75 2.97$332 
Granted— — 
Exercised(13,504)9.51 
Forfeited or expired(937)22.81 
Outstanding as of September 30, 202483,039 $13.17 2.34$430 
Options vested and exercisable at September 30, 202483,039 $13.17 2.34$430 
Options vested and expected to vest as of September 30, 202483,039 $13.17 2.34$430 
Schedule of Restricted Stock Unit Activity
The following summarizes the restricted stock unit (“RSU”) activity for the nine months ended September 30, 2024:
Number of awards outstandingWeighted-average grant date fair value (Per share)
Nonvested RSUs as of December 31, 20235,066,159 $18.41 
Granted729,780 20.40 
Vested(1,448,305)25.27 
Forfeited(445,727)16.39 
Nonvested RSUs as of September 30, 20243,901,907 $16.46 
Schedule of Total Stock-Based Compensation Expense
The Company recognized total stock-based compensation expense as follows:
Three months ended September 30,Nine months ended September 30,
2024202320242023
(In thousands)
Cost of revenue$352 $182 $1,123 $578 
Research and development4,606 2,822 14,606 9,278 
Sales and marketing1,744 1,160 6,014 3,825 
General and administrative4,747 2,778 13,405 8,644 
Total$11,449 $6,942 $35,148 $22,325