v3.24.0.1
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Option Activity
A summary of the stock option activity is as follows:
(in thousands, except per share amounts and term information)SharesWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Term		Aggregate
Intrinsic
Value
Outstanding at December 31, 202217,265$7.72 7.3 years$5,321 
Granted10,4455.69 
Exercised(1,828)3.44 
Expired / Cancelled / Forfeited(2,382)8.77 
Outstanding at December 31, 202323,500$7.04 7.9 years$20,689 
Exercisable at December 31, 202311,309$7.16 6.6 years$11,059 
Assumptions Used in Black-Scholes Model to Determine Fair Value for Stock Option Awards Granted The fair value of option awards issued with service or performance vesting conditions are estimated on the grant date using the Black-Scholes option pricing model. The following table summarizes the assumptions used:
Year Ended December 31,
202320222021
Risk-free interest rate
3.4% - 4.4%
1.7% - 3.8%
0.9% - 1.3%
Expected term
5.2 - 6.1 years
5.7 - 6.1 years
5.7 - 6.1 years
Expected stock price volatility
70% - 77.5%
60% - 77.5%
57.5% - 60%
Dividend yield— — — 
Summary of Restricted Stock Activity
A summary of the Restricted Stock Awards ("RSAs") and Restricted Stock Unit activity is as follows:
(in thousands, except per share amounts)Restricted
Stock
Awards 		Restricted
Stock Units
for Class A
Common
Stock 		Restricted
Stock Units
for Class B
Common
Stock 		Weighted
Average
Grant Date
Fair Value
Nonvested restricted stock awards or restricted stock
units at December 31, 2022		46918,4613,592$13.69 
Granted—18,288—5.53 
Vested(469)(7,264)(2,053)14.05 
Forfeited—(3,893)—7.18 
Nonvested restricted stock units at December 31, 2023—25,5921,539$8.99