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STOCK INCENTIVE PLANS (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of RSU Rollforward
During the year ended December 31, 2024, RSU activity was as follows:
Class A Common StockLT50 Common StockWeighted average grant date fair value per share
Outstanding at December 31, 2023
2,742,273 2,646,332 $32.59 
RSUs granted790,580 — $2.82 
RSUs vested(1,036,347)(405,457)$20.15 
RSUs cancelled/forfeited/expired(346,405)(346,405)$38.38 
Outstanding at December 31, 2024
2,150,101 1,894,470 $30.21 
Schedule of Stock Option Roll-forward
A summary of the Company's stock option activity was as follows:
SharesWeighted average exercise price per shareWeighted average
remaining contractual life
(in years)
Outstanding at December 31, 2023
5,902,591 $1.68 4.03
Options exercised(2,014,063)$0.38 
Options cancelled/forfeited/expired(128,948)$3.12 
Outstanding at December 31, 2024
3,759,580 $2.29 4.11
Exercisable at December 31, 2024
3,744,480 $2.28 4.11
Schedule of Stock-based Compensation Expense
The following table summarizes the stock-based compensation expense recognized for awards granted under the Company's authorized stock incentive plans (in thousands):
Year ended December 31,
202420232022
Matching Plan shares
$4,835 $5,260 $67 
Restricted stock units28,426 35,669 50,134 
Stock options2,964 3,409 3,888 
Total stock-based compensation36,225 44,338 54,089 
Less: stock-based compensation capitalized as software development costs(2,688)(3,126)(1,757)
Total stock-based compensation expense$33,537 $41,212 $52,332 
Stock-based compensation expense is allocated based on the cost center to which the award holder spent time during the reported periods. Stock-based compensation is included in the following components of expenses on the accompanying Consolidated Statements of Operations (in thousands):
Year ended December 31,
202420232022
Cost of revenue, net$12,506 $13,868 $18,403 
Research and development11,900 10,870 7,875 
General and administrative6,815 9,842 17,850 
Sales and marketing2,316 6,632 8,204 
Total stock-based compensation expense$33,537 $41,212 $52,332