Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Option, Activity
Stock option activity under the Company’s incentive plan is as follows (in thousands, except share and per share amounts):
Options Outstanding
Number of Options Weighted–Average Exercise Price Weighted-Average Remaining Contractual Life (years) Aggregate Intrinsic Value
Balance – December 31, 2022 2,104,007  $ 7.95  4.87 $ 61 
Exercised (37,334) $ 1.90 
Cancelled/forfeited (47,518) $ 13.15 
Balance – June 30, 2023 2,019,155  $ 7.95  4.51 32 
Options vested and exercisable – June 30, 2023 1,799,258  $ 6.63  4.13 $ 32 
Schedule of Performance-based Restricted Stock Units Activity
The following table summarizes the activity for all RSU’s under all of the Company’s equity incentive plans for the six months ended June 30, 2023:
Number of shares Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2022 3,896,597  $ 8.78 
Granted 2,884,773  $ 2.17 
Vested (1,467,392) $ 8.24 
Cancelled/forfeited (508,716) $ 8.08 
Balance – June 30, 2023 4,805,262  $ 5.05