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Stock-based Compensation
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Stock-based Compensation Stock-based Compensation
A summary of stock option activity for the three months ended March 31, 2025 is as follows:
Number
of Options
Weighted-Average Exercise PriceWeighted-Average Remaining Contractual Term (years)
Balance as of December 31, 20243,234,296$1.50 4.55
Granted
Forfeited (339)8.22 
Exercised(961,627)1.02 
Expired — 
Outstanding at March 31, 20252,272,330$1.73 4.57
Exercisable at March 31, 20252,237,928$1.65 4.54
A summary of RSU activity for the three months ended March 31, 2025 is as follows:
Number
of RSUs
Weighted Average Grant-Date Value
Outstanding unvested RSUs at December 31, 20242,893,396$1.40 
Granted during the year3,7383.37 
Forfeited during the year(129,130)2.08 
Vested during the year(213,722)1.84 
Outstanding unvested RSUs at March 31, 20252,554,282$1.33