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Stock Incentive and Employee Benefit Plans (Tables)

6 Months Ended

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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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.

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
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-Subparagraph (c)(1)
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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.

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-Subparagraph (f)(2)
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