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STOCKHOLDERS' EQUITY AND EQUITY INCENTIVE PLANS
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
STOCKHOLDERS' EQUITY AND EQUITY INCENTIVE PLANS
NOTE 15: STOCKHOLDERS' EQUITY AND EQUITY INCENTIVE PLANS
Equity Incentive Plans
On January 1, 2023, the number of shares of common stock authorized for issuance under the 2021 Incentive Award Plan (the “2021 Plan”) automatically increased by 6,728,221 shares pursuant to the terms of the 2021 Plan.
Stock Options
A summary of the Company's stock option activity with respect to options granted under the 2021 Plan is as follows:

Number of Options
Weighted
Average exercise price
Weighted remaining contractual term (years)Aggregate
Intrinsic
Value








Outstanding as of January 1, 2023

25,988,465$4.56 7.75$6,285 


Granted

— $— 
Exercised

(629,976)$1.19 $451 
Forfeited

(458,104)$3.82 
Outstanding as of June 30, 2023

24,900,385$4.66 6.59$9,936 


Exercisable options at end of the period

17,226,948$2.50 6.15$9,936 

RSUs
The following table summarizes the RSU activity with respect to the 2021 Plan for the six months ended June 30, 2023:


RSUs
Outstanding

Weighted Average
Grant Date Fair
Value per Share
Outstanding as of December 31, 2022

7,469,000$2.72
RSUs granted

9,885,034$2.06
RSUs vested

(2,599,073)$2.48
RSUs forfeited

(634,807)$2.81
Unvested and Outstanding as of June 30, 2023

14,120,154$2.30
Stock-Based Compensation Expense
The stock-based compensation expense by line item in the accompanying consolidated statement of operations is summarized as follows:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Cost of revenue$266 $359 $535 $771 
Research and development1,131 1,111 2,272 2,139 
Sales and marketing798 985 1,571 1,911 
General and administrative5,227 3,604 10,205 6,906 
Total expenses$7,422 $6,059 $14,583 $11,727 

As of June 30, 2023, there were $44,546 of total unrecognized compensation cost related to non-vested stock-based compensation arrangements granted under the Company's equity incentive plans. These costs are expected to be recognized over a weighted-average period of approximately two years.
Shares Reserved for Future Issuance
The Company has the following common stock reserved for future issuance under the 2021 Plan:
June 30, 2023
Outstanding options24,900,385 
Outstanding RSUs14,120,154 
Shares reserved under 2021 Plan3,428,360 
Total42,448,899