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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation Expense for Employees and Non-Employees
Total share-based compensation expense recorded for employees and non-employees, is as follows (in thousands):
 Years Ended December 31,
 202120202019
Cost of revenues$1,621 $950 $426 
Research and development37,131 31,588 22,229 
Sales and marketing13,887 9,606 7,380 
General and administrative56,207 41,911 34,874 
Total share-based compensation expense$108,846 $84,055 $64,909 
Summary of Assumptions Used to Determine Fair Value of ESPP
The following table summarizes the key assumptions used to determine the fair value of the awards:

Expected term (years)3.00
Expected volatility49.04 %
Expected dividends— %
Risk-free interest rate0.27 %
The following table summarizes the key assumptions used to determine the fair value of rights granted under the 2013 ESPP:
 Years Ended December 31,
 202120202019
Expected term (years)0.500.500.50
Expected volatility
47.02%-99.96%
52.06%-68.09%
40.51%-41.81%
Dividend yield— %— %— %
Risk-free interest rate
0.04%-0.07%
0.12%-0.15%
1.59%-2.43%
Weighted-average grant-date fair value per share$14.70 $20.52 $9.88 
Summary of Restricted Stock Unit Activity
RSUs and PSUs Activity
 RSUs and PSUs Outstanding
 Number of RSUs and PSUs OutstandingWeighted Average Grant Date Fair Value
Balance at December 31, 20204,816,000 $37.82 
Granted6,758,593 47.95 
Released(2,762,251)34.77 
Forfeited(640,880)48.97 
Balance at December 31, 20218,171,462 $46.36 
Summary of Stock Option Activity
Stock Option Activity
 Options Outstanding
 Number of Options OutstandingWeighted-Average Exercise Price per ShareWeighted-Average Remaining Contractual Term in YearsAggregate Intrinsic Value
Balance at December 31, 2020627,317 $7.86 3.48$51,733,285 
Released(245,561)8.78  
Balance at December 31, 2021381,756 $7.28 2.80$8,942,541