Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 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 10,521,571  $ 1.59  4.87 $ 61 
Exercised (178,564) 0.38 
Cancelled/forfeited (170,516) 2.82 
Balance – March 31, 2023 10,172,491  1.59  4.05 98 
Options vested and exercisable – March 31, 2023 9,040,393  $ 1.32  3.58 $ 98 
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 three months ended March 31, 2023:
Number of shares Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2022 19,482,427  $ 1.75 
Granted 13,314,042  0.43 
Vested (2,549,326) 2.28 
Cancelled/forfeited (833,249) 2.69 
Balance – March 31, 2023 29,413,894  1.08