XML 113 R98.htm IDEA: XBRL DOCUMENT
v3.21.4

Stockholders' Equity (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2021 | Dec. 31, 2020
Stockholders' Equity (Deficit) |  |
Schedule of stock options activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted | ​ | Weighted | ​ | ​ |
​ | ​ | ​ | ​ | Average | ​ | Average | ​ | Aggregate
​ | ​ | Number of | ​ | Exercise | ​ | Remaining | ​ | Intrinsic
​ |  | Shares |  | Price |  | Term |  | Value
Balance as of December 31, 2020 |  | 32,127 |  | $ | 1.96 |  | 5.01 |  | $ | 19,248
Granted |  | 2,028 | ​ | ​ | 2.79 |  |  | ​ | ​ | ​
Exercised |  | (798) | ​ | ​ | 0.73 |  |  | ​ | ​ | ​
Forfeited |  | (7,738) | ​ | ​ | 2.97 |  |  | ​ | ​ | ​
Expired |  | (1,603) | ​ | ​ | 2.78 |  |  | ​ | ​ | ​
Balance as of September 30, 2021 |  | 24,016 |  | $ | 1.69 |  | 2.59 |  | $ | 25,699
Expected to vest at September 30, 2021 |  | 2,357 |  | $ | 2.74 |  | 9.35 | ​ | ​ | —
Exercisable at September 30, 2021 |  | 24,016 |  | $ | 1.69 |  | 2.59 |  | $ | 25,699
| ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted | ​ | Weighted | ​ | ​ | ​
​ | ​ | ​ | ​ | Average | ​ | Average | ​ | Aggregate
​ | ​ | Number of | ​ | Exercise | ​ | Remaining | ​ | Intrinsic
​ |  | Shares |  | Price |  | Term |  | Value
Balance as of December 31, 2019 |  | 35,016 | ​ | $ | 2.00 |  | 5.03 | ​ | $ | 24,634
Granted |  | 335 | ​ |  | 2.46 | ​ | — | ​ | ​ | —
Exercised |  | (230) | ​ |  | 0.62 | ​ | — | ​ | ​ | —
Forfeited |  | (1,700) | ​ |  | 2.86 | ​ | — | ​ | ​ | —
Expired |  | (1,294) | ​ |  | 2.22 | ​ | — | ​ | ​ | —
Balance as of December 31, 2020 |  | 32,127 | ​ | $ | 1.96 |  | 5.01 | ​ | $ | 19,248
Expected to vest at December 31, 2020 |  | 8,427 | ​ | $ | 2.94 |  | 7.98 | ​ |  | —
Exercisable at December 31, 2020 |  | 24,611 | ​ | $ | 1.65 |  | 4.12 | ​ | $ | 19,248
Schedule of the restricted stock unit activity | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | Weighted Average
​ | ​ | ​ | ​ | Grant-Date Fair
​ |  | Shares |  | Value
Outstanding as of December 31, 2020 |  | 8,268 |  | $ | 2.61
Granted |  | 9,260 | ​ | ​ | 2.81
Vested |  | — | ​ | ​ | —
Forfeited |  | (359) | ​ | ​ | 2.70
Outstanding as of September 30, 2021 |  | 17,169 |  | $ | 2.71
| A summary of the restricted stock unit activity is presented below (in thousands, except per share amounts):
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted Average
​ | ​ | ​ | ​ | Grant-Date Fair
​ |  | Shares |  | Value
Outstanding as of December 31, 2019 |  | 8,433 | ​ | $ | 2.63
Granted |  | 1,003 | ​ |  | 2.38
Vested |  | — | ​ |  | —
Forfeited |  | (1,168) | ​ |  | 2.67
Outstanding as of December 31, 2020 |  | 8,268 | ​ | $ | 2.61
Schedule of share based compensation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended September 30, | ​ | Nine Months Ended September 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
Cost of revenue, excluding depreciation and amortization |  | $ | 388 |  | $ | 54 |  | $ | 543 |  | $ | 61
Sales and marketing | ​ | ​ | 37 | ​ | ​ | 28 | ​ | ​ | 98 | ​ | ​ | 31
General and administrative | ​ | ​ | 59 | ​ | ​ | 221 | ​ | ​ | 160 | ​ | ​ | 872
Research and development | ​ | ​ | 19 | ​ | ​ | 24 | ​ | ​ | 49 | ​ | ​ | 24
​ |  | $ | 503 |  | $ | 327 |  | $ | 850 |  | $ | 988

X
- Definition The tabular disclosure of summary of restricted stock units. + References No definition available. + Details
Name: | bzfd_SummaryOfRestrictedStockUnitActivity
Namespace Prefix: | bzfd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an equity-based arrangement (such as stock or unit options and stock or unit awards) with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain equity-based awards at future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares or units issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability. + 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 -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 710 -SubTopic 10 -Section 30 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6409875&loc=d3e20015-108363 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -SubTopic 10 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6409961&loc=d3e20517-108367 + Details
Name: | us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in stock options. + References No definition available. + Details
Name: | us-gaap_ScheduleOfStockOptionsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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