v3.24.0.1
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense
Stock-based compensation expense included in the consolidated statements of operations and comprehensive loss was as follows:
For the years ended December 31,
20232022
Stock options$2,468 $3,002 
Restricted stock units11,589 10,792 
Total$14,057 $13,794 
Schedule of Stock Option Activity
The following table summarizes stock option activity during the years ended December 31, 2023 and 2022:

UnitsWeighted-Average
Exercise Price		Weighted-Average
Remaining
Contractual Term
(years)
Options Outstanding at December 31, 2021
2,023,460 $9.51 6.3
Granted3,275,224 1.33 
Cancelled/Forfeited(953,872)4.84 
Options Outstanding at December 31, 2022
4,344,812 4.37 7.7
Granted649,865 2.27 
Cancelled/Forfeited(504,550)2.39 
Exercised
(262,500)1.35 
Options Outstanding at December 31, 2023
4,227,627 4.47 5.2
Options Exercisable at December 31, 2023
3,590,262 4.86 5.3
Schedule of Restricted Stock Units (RSU)
A summary of restricted stock units (RSU) activity for the years ended December 31, 2023 and 2022 is as follows:
 UnitsWeighted-Average
Grant-Date Fair Value
RSUs Outstanding at December 31, 2021
2,194,756 $16.36 
Granted2,557,263 2.87 
Cancelled/Forfeited(1,051,951)8.55 
Vested(704,178)15.02 
RSUs Outstanding at December 31, 2022
2,995,890 7.89 
Granted4,804,057 3.42 
Cancelled/Forfeited(898,525)4.86 
Vested(1,453,964)7.39 
RSUs Outstanding at December 31, 2023
5,447,458 4.58 
Schedule of Weighted Average Assumptions
The weighted average assumptions used to determine the fair value of stock options granted in 2023 and 2022 are as follows:
20232022
Volatility62.60 %61.36 %
Risk free interest rate4.07 %3.27 %
Expected life (years)3.004.67
Dividend yield0 %0 %