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Stock-Based Awards (Tables)

9 Months Ended

Sep. 30, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Stock Option Activity

The following summarizes stock option activity for the nine months ended September 30, 2021:

		Options Issued Under Plan  (in thousands)				Nonemployee Options  (in thousands)				Total Options  (in thousands)				Weighted- Average Exercise Price Per Share				Weighted-Average Remaining Contractual Term (in years)				Aggregate Intrinsic Value (in thousands)
Outstanding as of December 31, 2020			3,462				201				3,663			$	5.09				7.40			$	14,619
Retroactive conversion of shares due to Business Combination			22,613				1,315				23,928				(4.41	)
Outstanding as of December 31, 2020, as converted			26,075				1,516				27,591				0.68				7.40				14,619
Granted			1,559				—				1,559				1.22
Exercised			(1,252	)			(543	)			(1,795	)			0.35
Forfeited			(521	)			(182	)			(703	)			0.65
Outstanding as of September 30, 2021			25,861				791				26,652				0.73				7.09				145,943
Exercisable as of September 30, 2021											17,941				0.58				6.38				78,143
Vested and expected to vest as of September 30, 2021											26,652				0.73				7.09				145,943

Schedule Of assumptions used in the Black-Scholes Model for options granted

The range of assumptions used in the Black-Scholes Model for options granted during 2021 prior to the Business Combination are as follows:

		2021 Range
Expected term (in years)		5.97 - 6.10
Risk-free interest rate		0.64% - 0.67%
Expected volatility		52.5% - 52.7%
Dividend yield			—
Fair value on grant date		$4.49 - $4.55

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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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
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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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

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