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Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Restricted Stock Unit Activity

The following table summarizes RSU activity during the nine months ended September 30, 2024:

		Shares				Weighted-Average Grant-Date Fair Value
RSUs outstanding at December 31, 2022			1,622,840			$	9.41
Granted			42,238			$	5.83
Vested			(1,250,512	)		$	9.73
RSUs outstanding at December 31, 2023			414,566			$	8.08
Granted			100,044			$	4.76
Vested			(444,783	)		$	7.72
RSUs outstanding at September 30, 2024			69,827			$	5.65

Summary of Stock Option Activity

The following table summarizes stock option activity during the nine months ended September 30, 2024:

		Shares				Weighted-Average Exercise Price				Weighted-Average Remaining Contractual Term (Years)
Options outstanding at December 31, 2022			5,042,628			$	3.86				9.5
Granted			4,286,005			$	5.60
Exercised			(105,049	)		$	4.00
Forfeited			(1,081,868	)		$	4.69
Options outstanding at December 31, 2023			8,141,716			$	4.66				8.9
Granted			4,105,516			$	5.41
Exercised			(211,116	)		$	3.86
Forfeited			(910,378	)		$	4.67
Options outstanding at September 30, 2024			11,125,738			$	4.95				8.5
Options exercisable at September 30, 2024			3,275,815			$	4.47				7.5

Summary of Weighted-Average Assumptions used to Estimate Fair Value of Stock Options Granted

The weighted-average assumptions used to estimate the fair value of stock options granted during the nine months ended September 30, 2024 were as follows:

Expected term (in years)			6.1
Volatility			63.8	%
Risk-free rate			4.2	%
Dividend yield			0.0	%

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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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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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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