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Stock-based compensation (Tables) | 3 Months Ended
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Mar. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Option Activity | The following table summarizes the activity related to the Company’s stock options:
| Number of Options |  | Weighted-Average Exercise Price |  | Weighted-Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value (in thousands)
Outstanding as of December 31, 2024 | 3,560,144 |  |  | $ | 7.09 |  |  | 4.9 |  | $ | — |
Granted | — |  |  | $ | — |  |  |  |  |
Exercised | — |  |  | $ | — |  |  |  |  |
Cancelled/Forfeited | (181,247) |  |  | $ | 5.63 |  |  |  |  |
Outstanding as of March 31, 2025 | 3,378,897 |  |  | $ | 7.17 |  |  | 4.7 |  | $ | — |
Options exercisable as of March 31, 2025 | 3,096,434 |  |  | $ | 7.14 |  |  | 4.4 |  | $ | — |
Options vested and expected to vest as of March 31, 2025 | 3,378,897 |  |  | $ | 7.17 |  |  | 4.7 |  | $ | — |
Schedule of Restricted Stock Units Activity | The following table summarizes the activity related to the Company's restricted stock units:
| Outstanding Restricted Stock Units |  | Weighted-Average Grant Date Fair Value
Outstanding as of December 31, 2024 | 4,230,176 |  |  | $ | 5.52 |
Granted | 2,249,975 |  |  | $ | 2.99 |
Vested | (518,129) |  |  | $ | 5.73 |
Cancelled | (378,520) |  |  | $ | 5.08 |
Outstanding as of March 31, 2025 | 5,583,502 |  |  | $ | 4.43 |
Schedule of Classification of Stock-based Compensation | The following table summarizes the classification of the Company’s stock-based compensation expense in the condensed consolidated statements of operations:
(in thousands) | Three Months Ended March 31, |  |
2025 |  | 2024 |  |  |  |
Cost of revenue | $ | 91 |  |  | $ | 80 |  |  |  |  |
Sales and marketing | 770 |  |  | 731 |  |  |  |  |
Technology development | 1,028 |  |  | 737 |  |  |  |  |
General and administrative | 2,161 |  |  | 1,542 |  |  |  |  |
Total stock-based compensation expense | $ | 4,050 |  |  | $ | 3,090 |  |  |  |  |

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