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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
     —