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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity Under the Plan
The following table summarizes the stock option activity for the period ended March 31, 2023:
Number of
Options
Outstanding
Weighted-
Average
Exercise Price
Per Share
Weighted-
Average
Remaining
Contractual
Life (years)
Aggregate
Intrinsic
Value
(in thousands)
Balances as of December 31, 20228,243,637 $6.88 6.6$35,566 
Options granted1,291,349 10.25 
Options exercised(65,045)2.18 
Options forfeited and expired(154,965)13.78 
Balances as of March 31, 20239,314,976 $7.26 6.7$16,713 
Options vested and exercisable — March 31, 20235,955,593 $4.19 5.5$16,500 
Schedule of Restricted Stock Activity
The following table summarizes the RSU activity for the period ended March 31, 2023:

Number of
RSUs
Outstanding (1)
Weighted-Average
Grant Date Fair Value
Per Share
Balances as of December 31, 20226,719,490$15.34 
RSUs granted1,741,9809.33 
RSUs vested(903,061)9.18 
RSUs forfeited(354,295)14.26 
Balances as of March 31, 20237,204,114$14.70 
(1) Includes certain restricted stock units with service and market-based vesting criteria
Schedule of Stock-based Compensation Expense
The following table summarizes stock-based compensation expense recorded in each component of operating expenses in the Company’s condensed consolidated statements of operations and comprehensive loss (in thousands):
Three Months Ended
March 31,
20232022
Sales and marketing$945$824
Research and development1,7181,307
General and administrative4,5394,134
Total stock-based compensation expense$7,202$6,265