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Stock Incentive and Employee Benefit Plans (Tables) | 6 Months Ended
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Jun. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Options Valuation Assumption Used | The assumptions used in the Black-Scholes option-pricing method related to options issued to employees and nonemployees for the six months ended June 30, 2023 are set forth below:
|  | Six Months Ended
|  | June 30, 2023
Expected dividend yield |  | 0.00%
Expected stock-price volatility |  | 40.00%
Risk-free interest rate |  | 3.59% - 3.91%
Term of options |  | 6.25
Fair value per share of common stock on date of grant |  | $ 7.27 - $ 8.08
Exercise price |  | $ 7.27 - $ 8.08
Schedule of Stock Options Outstanding Activity | The following table summarizes stock option activity during the six months ended June 30, 2023 (shares in thousands):
| Options |  |  | Weighted-Average Exercise Price |  |  | Weighted-Average Remaining Contractual Life, in years |  |  | Aggregate Intrinsic Value |
Outstanding as of December 31, 2022 |  | 16,939 |  |  | $ | 1.68 |  |  |  | 7.0 |  |  | $ | 38,942 |
Granted |  | 14,820 |  |  | $ | 8.08 |  |  |  |  |  |  |
Exercised |  | (128 | ) |  | $ | 1.73 |  |  |  |  |  |  |
Forfeited/Cancelled |  | (278 | ) |  | $ | 7.51 |  |  |  |  |  |  |
Outstanding as of June 30, 2023 |  | 31,353 |  |  | $ | 4.66 |  |  |  | 7.7 |  |  | $ | 65,119 |
Exercisable as of June 30, 2023 |  | 17,099 |  |  | $ | 2.26 |  |  |  | 6.4 |  |  | $ | 60,440 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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