v3.24.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Arrangement, Restricted Stock Unit, Activity
The following table summarizes the activity for the unvested RSUs during the six months ended June 30, 2024:
RSUsWeighted-
Average
Grant Date Fair Value
Unvested at December 31, 20239,545,036 $8.70 
Granted1,226,750 5.05 
Vested(1,633,281)9.26 
Forfeited and canceled(867,934)8.91 
Unvested at June 30, 20248,270,571 $8.03 
The following table summarizes the activity for the unvested PSUs during the six months ended June 30, 2024:
PSUsWeighted-
Average
Grant Date Fair Value
Unvested at December 31, 2023395,545 $7.77 
Granted2,104,852 6.89 
Vested(150,036)7.77 
Forfeited and canceled(56,968)7.77 
Unvested at June 30, 20242,293,393 $6.96 
Schedule of Stock-based Compensation By Statement of Operations Line Item
The classification of stock-based compensation expense, which includes expense for stock options, RSUs, PSUs, and ESPP charges, by line item within the condensed consolidated statements of operations was as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Cost of revenue - platform$1,302 $1,673 $2,813 $3,498 
Cost of revenue - professional services and other49 172 174 363 
Research and development2,658 3,555 5,679 8,102 
General and administrative4,885 5,600 9,565 10,587 
Sales and marketing1,522 2,056 3,025 4,550 
Restructuring charges— 1,728 — 1,728 
Total stock-based compensation expense$10,416 $14,784 $21,256 $28,828