Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.3
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 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 (140,162) $ 11.68 
Balance – September 30, 2023 1,926,511  $ 7.80  4.41 $ 194 
Options vested and exercisable – September 30, 2023 1,710,736  $ 6.41  4.04 $ 194 
Schedule of Performance-based Restricted Stock Units Activity
The following table summarizes the activity for all RSUs under all of the Company’s equity incentive plans for the nine months ended September 30, 2023:
Number of shares Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2022 3,896,597  $ 8.78 
Granted 3,895,883  $ 2.22 
Vested (1,979,024) $ 6.45 
Cancelled/forfeited (651,703) $ 5.97 
Balance – September 30, 2023 5,161,753  $ 4.40