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STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2022

Share-based Payment Arrangement [Abstract]

Shares Available for Future Grant

Shares available for future grant consisted of the following:

			As of
			September 30, 2022
Shares available for future grant under the 2021 Plan			3,469,764
Shares available for future grant under the 2021 ESPP			922,306

Summary of Stock Options Activity

The following table summarizes the stock option activities under the Company’s 2016 Plan:

			Options Outstanding
			Number of Options						Weighted-Average Exercise Price						Weighted-Average Remaining Contractual Term (Years)						Aggregate Intrinsic Value ($'000s)
BALANCE—December 31, 2021			5,407,170						$	0.96					7.16						$	108,964
Exercised			(1,022,050)						$	0.60
Canceled			(347,399)						$	1.19
BALANCE—September 30, 2022			4,037,721						$	1.03					6.49						$	22,738
Options vested and exercisable—September 30, 2022			3,011,042						$	0.90					6.09						$	17,354

Summary of Restricted Stock Units Activity

The following table summarizes the restricted stock units activities under the Company’s 2016 and 2021 Plans:

			Restricted Stock Units
			Number of Shares						Weighted-Average Grant Date Fair Value
Unvested—December 31, 2021			3,925,097						$	5.60
Granted			2,440,603						$	11.76
Vested			(1,008,620)						$	6.22
Forfeited			(252,733)						$	12.07
Unvested—September 30, 2022			5,104,347						$	8.11

Stock-Based Compensation Related to Stock-Based Awards to Employees

The following table presents the amount of stock-based compensation related to stock-based awards to employees on the Company’s condensed consolidated statements of loss (in thousands):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2022						2021						2022						2021
Cost of revenue			$	118					$	15					$	474					$	42
Research and development			1,798						225						4,435						645
Sales and marketing			679						23						1,678						72
General and administrative			794						170						2,495						385
Total stock-based compensation			$	3,389					$	433					$	9,082					$	1,144

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