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Stock-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2025
Schedule of Stock Option Activity | The following table summarizes the activities for all stock options under the Company’s stock-based compensation plans for the three months ended March 31, 2025:
|  | Number of Options Outstanding |  |  | Weighted-Average Exercise Price |  |  | Weighted-Average Remaining Contractual Life |  | Aggregate Intrinsic Value(1) |
|  | (in thousands) |  |  |  |  |  |  |  | (in thousands) |
Outstanding as of December 31, 2024(2) |  |  | 8,438 |  |  | $ | 12.93 |  |  |  |  |  |
Granted |  |  | — |  |  | $ | — |  |  |  |  |  |
Exercised |  |  | (3 | ) |  | $ | 2.56 |  |  |  |  |  |
Forfeited or expired(3) |  |  | (231 | ) |  | $ | 9.99 |  |  |  |  |  |
Outstanding as of March 31, 2025(2) |  |  | 8,204 |  |  | $ | 13.01 |  |  | 4.0 years |  | $ | 2 |
Exercisable as of March 31, 2025(4) |  |  | 8,079 |  |  | $ | 13.06 |  |  | 4.0 years |  | $ | 2 |
Vested and expected to vest as of March 31, 2025(5) |  |  | 8,204 |  |  | $ | 13.01 |  |  | 4.0 years |  | $ | 2 |
(1) The intrinsic value is the amount by which the current market value of the underlying stock exceeds the exercise price of the stock awards. (2) Includes 3,620 and 3,558 performance condition stock options as of March 31, 2025 and December 31, 2024, respectively. (3) Includes 62 performance condition stock options. (4) Includes 3,558 performance condition stock options. (5) Includes 3,558 performance condition stock options.
Schedule of Stock-based Compensation Expense | The following table provides information about stock-based compensation expense by award type:
|  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
Stock options |  | $ | 334 |  |  | $ | 572 |
Restricted stock units |  |  | 1,026 |  |  |  | 807 |
Employee stock purchase plan |  |  | 383 |  |  |  | 156 |
Total stock-based compensation expense |  | $ | 1,743 |  |  | $ | 1,535 |
The following table provides information about stock-based compensation expense by financial statement line item:
|  | Three Months Ended |
|  | March 31, 2025 |  |  | March 31, 2024 |
Cost of revenue (exclusive of depreciation and amortization) |  | $ | — |  |  | $ | (1 | )
Sales and marketing |  |  | 264 |  |  |  | 159 |
Research and development |  |  | 318 |  |  |  | 532 |
General and administrative |  |  | 1,161 |  |  |  | 845 |
Total stock-based compensation expense |  | $ | 1,743 |  |  | $ | 1,535 |
Schedule of Restricted Stock Unit Activity | The following table summarizes the activities for all RSUs under the Company’s stock-based compensation plans for the three months ended March 31, 2025:
|  | Number of Shares |  |  | Weighted-Average Grant Date Fair Value Per Share |
|  | (in thousands) |  |  |  |
Outstanding and nonvested as of December 31, 2024(1) |  |  | 1,902 |  |  | $ | 4.94 |
Granted(2) |  |  | 817 |  |  | $ | 3.95 |
Vested |  |  | (232 | ) |  | $ | 6.29 |
Forfeited(3) |  |  | (425 | ) |  | $ | 5.55 |
Outstanding and nonvested as of March 31, 2025(1) |  |  | 2,062 |  |  | $ | 4.28 |
(1) Includes 323 and 248 performance condition RSUs as of March 31, 2025 and December 31, 2024, respectively. (2) Includes 323 performance condition RSUs. (3) Includes 248 performance condition RSUs.

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- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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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 -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -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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