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Equity-based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Arrangement, Option, Activity
A summary of the Company's time-based stock option activity under the 2021 Plan for the years ended December 31, 2024 and 2023, as adjusted for the Reverse Stock Split, is as follows:
Number of Options
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
Balance as of December 31, 2022
42,288 $83.36 9.04$— 
Granted
— — 
Exercised
— — 
Forfeited/Repurchased
(2,468)114.00 
Balance as of December 31, 2023
39,820 81.47 8.06— 
Granted
— — 
Exercised
— — 
Forfeited/Repurchased
— — 

Balance as of December 31, 2024
39,820 81.47 7.06— 
Vested as of December 31, 2024
34,086 $80.66 7.07$— 
Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Activity
A summary of the Company's time-based RSU activity under the 2021 Plan for the years ended December 31, 2024 and 2023, as adjusted for the Reverse Stock Split, is as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
Balance as of December 31, 2022
367,512 $32.81 
Granted
387,067 7.87 
Vested
(130,550)34.20 
Forfeited/Repurchased
(45,116)34.79 
Balance as of December 31, 2023
578,913 15.67 
Granted
403,458 14.86 
Vested
(274,201)16.37 
Forfeited/Repurchased
(56,883)14.39 
Balance as of December 31, 2024
651,287 $14.93 
Schedule of Incentive Units
The following table summarizes time-based incentive unit activity under the 2018 Plan for the years ended December 31, 2024 and 2023:
Number of Units
Weighted Average
Grant Date
Fair value
Weighted Average Participation Threshold
Aggregate Intrinsic Value
Balance as of December 31, 2022
3,363,856 $1.43 $18.64 $— 
Granted
— — — 
Vested
(1,987,639)1.37 17.67 
Forfeited/Repurchased
(16,150)3.19 22.68 
Balance as of December 31, 2023
1,360,067 1.50 20.01 — 
Granted
— — — 
Vested
(1,185,981)1.52 19.62 
Forfeited/Repurchased
(30,083)1.34 22.68 

Balance as of December 31, 2024
144,003 $1.40 $22.68 $— 
Vested as of December 31, 2024
9,047,201 
Schedule of ESPP Purchase Rights
A summary of the Company's ESPP activity under the 2021 Plan for the years ended December 31, 2024, 2023 and 2022, as adjusted for the Reverse Stock Split, was as follows:
Year Ended December 31,
202420232022
Shares purchased using ESPP purchase rights
20,93739,05012,348
Weighted average purchase price
$10.89 $4.14 $18.36 
Schedule of Summarizes The Company’s Equity-based Compensation Expense
The following table summarizes the Company’s equity-based compensation expense by award type for all Plans:
Year Ended December 31,
202420232022
Stock options$722 $572 $495 
RSUs5,601 4,256 2,943 
ESPP purchase rights100 148 188 
Time-based incentive units1,557 2,664 3,104 
Total$7,980 $7,640 $6,730