XML 51 R42.htm IDEA: XBRL DOCUMENT
v3.22.1

Stock-Based Compensation (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Share-based Payment Arrangement [Abstract] |
Summary of Stock Option Activity | A summary of stock option activity related to the Plans as of December 31, 2021 is as follows:
|  | Outstanding Stock Options |  |  | Weighted Average Exercise Price |  |  | Weighted Average Contractual Life (Years) |  |  | Aggregate Intrinsic Value |
Balance at December 31, 2020 |  |  | 31,618,135 |  |  | $ | 0.48 |  |  |  | 8.3 |  |  | $ | 112,548 |
Granted |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
Exercised |  |  | (312,037 | ) |  |  | 0.48 |  |  |  |  |  |  |  |  |
Forfeited |  |  | (1,026,950 | ) |  |  | 0.65 |  |  |  |  |  |  |  |  |
Expired |  |  | (498,101 | ) |  |  | 0.19 |  |  |  |  |  |  |  |  |
Repurchased |  |  | (542,615 | ) |  |  | 0.17 |  |  |  |  |  |  |  |  |
Balance at December 31, 2021 |  |  | 29,238,432 |  |  | $ | 0.48 |  |  |  | 7.4 |  |  | $ | 127,345 |
Vested and expected to vest as of December 31, 2021 |  |  | 27,555,673 |  |  | $ | 0.48 |  |  |  | 7.3 |  |  | $ | 120,250 |
Vested and exercisable as of December 31, 2021 |  |  | 18,615,254 |  |  | $ | 0.41 |  |  |  | 6.7 |  |  | $ | 82,475 |
Summary of RSU Activity | The following table summarizes the RSU award activity under the Plans:
|  | Shares |  |  | Weighted Average Grant date Fair Value per Share |
Unvested at December 31, 2020 |  |  | — |  |  |  | — |
Granted |  |  | 7,913,760 |  |  | $ | 5.91 |
Forfeited |  |  | (30,413 | ) |  |  | 7.60 |
Vested |  |  | (448,604 | ) |  |  | 7.54 |
Unvested at December 31, 2021 |  |  | 7,434,743 |  |  | $ | 5.80 |
Summary of Stock-Based Compensation Expense | The following table summarizes stock-based compensation expense recorded in each component of operating expenses in the Company’s consolidated statements of operations and comprehensive loss for the year ended December 31, 2021 and 2020 (in thousands):
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |
Research and development |  | $ | 2,175 |  |  | $ | 702 |
Sales and marketing |  |  | 1,381 |  |  |  | 249 |
General and administrative |  |  | 6,462 |  |  |  | 1,001 |
Total stock-based compensation |  | $ | 10,018 |  |  | $ | 1,952 |
Schedule of Weighted Average Assumptions Used in the Black-Scholes Option-pricing Model for Stock Options | The weighted average assumptions used in the Black-Scholes option-pricing model for stock options for the year ended December 31, 2020, was as follows:
|  | December 31, 2020 |
Expected term (in years) |  |  | 5.8 |
Risk-free interest rate |  |  | 0.4 | %
Expected volatility |  |  | 45.6 | %
Expected dividend yield |  |  | — | %

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + 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 (h)(1) -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 S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + 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 (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration