| Disclosure of Share-based Compensation Arrangements by Share-based Payment Award |
The following table summarizes stock option activity and related information under the Company’s equity incentive plans: | | | | | | | | | | | | | | | | | | | | | | | | | Stock Options | | Number of Shares Underlying Outstanding Options
(in thousands) | | Weighted-Average Exercise Price | | Weighted Average Remaining Contractual Term (Years) | | Aggregate Intrinsic Value (in thousands) | | Outstanding as of December 31, 2023 | 7,079 | | | $ | 9.02 | | | 5.78 | | $ | 67,418 | | | Options granted | 1,544 | | | 15.46 | | | | | | | Options exercised | (392) | | | 3.25 | | | | | | | Options canceled | (14) | | | 1.28 | | | | | | | Options expired | (33) | | | 32.97 | | | | | | | Outstanding as of June 30, 2024 | 8,184 | | | $ | 10.43 | | | 6.18 | | $ | 92,374 | | | Vested and exercisable as of June 30, 2024 | 5,685 | | | $ | 7.73 | | | 4.96 | | $ | 80,794 | |
The following table summarizes RSU activity and related information under the Company’s 2020 Plan: | | | | | | | | | | | | | RSUs | | Number of Shares
(in thousands) | | Weighted-Average Grant Date Fair Value per Share | | Unvested as of December 31, 2023 | 2,934 | | | $ | 19.49 | | | Granted | 2,200 | | | 16.41 | | | Vested | (624) | | | 19.59 | | | Canceled or forfeited | (179) | | | 17.15 | | | Unvested as of June 30, 2024 | 4,331 | | | $ | 18.01 | |
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| Share-based Payment Arrangement, Expensed and Capitalized, Amount |
Total stock-based compensation expense recognized in the condensed consolidated statements of operations was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2024 | | 2023 | | 2024 | | 2023 | | Cost of revenue | $ | 494 | | | $ | 387 | | | $ | 931 | | | $ | 702 | | | Technology and development | 1,644 | | | 1,089 | | | 3,085 | | | 2,097 | | | Sales and marketing | 3,472 | | | 2,614 | | | 6,710 | | | 5,323 | | | General and administrative | 4,089 | | | 3,176 | | | 8,084 | | | 6,203 | | | Total stock-based compensation expense | 9,699 | | | 7,266 | | | 18,810 | | | 14,325 | | | Tax benefit from stock-based compensation | (1,999) | | | (1,390) | | | (3,885) | | | (2,708) | | | Total stock-based compensation expense, net of tax effect | $ | 7,700 | | | $ | 5,876 | | | $ | 14,925 | | | $ | 11,617 | |
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