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Stock Incentive and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options Outstanding Activity
The following table summarizes stock option activity during the year ended December 31, 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
     17,610      $ 7.02        
Exercised
     (365    $ 1.68        
Forfeited/Cancelled
     (1,060    $ 6.36        
  
 
 
          
Outstanding as of December 31, 2023
     33,124      $ 4.38        7.5      $ 7,459  
  
 
 
          
Exercisable as of December 31, 2023
     18,990      $ 2.78        6.3      $ 5,600  
  
 
 
          
Schedule of estimate stock-based compensation on the date of grant for stock options and ESPP
The following assumptions were used in the Black-Scholes options pricing model to estimate stock-based compensation on the date of grant for stock options and ESPP:
 
    
Year Ended
December 31, 2023
Stock options:
  
Expected dividend yield
   0.00%
Expected volatility
  
40.00% - 77.00%
Risk-free interest rate
  
3.59% - 4.74%
Term of options (in years)
   6.25
Employee stock purchase plan:
  
Expected dividend yield
   0.00%
Expected volatility
   117.57%
Risk-free interest rate
   5.33%
Expected life (in years)
   0.50