v3.24.3
Stock-based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Stock-based Compensation  
Schedule of information pertaining to option activity (including rollover options)

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Weighted

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Weighted average

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average

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Number of

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exercise price per

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remaining

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options

    

share

    

contractual life

Outstanding December 31, 2023

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13,032,541

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$

15.20

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5.7

Granted

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4,003,703

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24.20

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Exercised

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(369,905)

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4.27

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Forfeited

 

(90,146)

 

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20.39

 

  

Outstanding September 30, 2024

 

16,576,193

 

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17.59

 

6.1

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Weighted

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Weighted average

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average

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Number of

​

exercise price per

​

remaining

​

    

options

    

 share

    

contractual life

Outstanding December 31, 2022

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13,123,170

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$

15.10

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6.6

Granted

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160,325

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37.20

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Exercised

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(33,154)

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21.21

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Forfeited

 

(232,925)

 

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27.25

 

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Outstanding September 30, 2023

 

13,017,416

 

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15.14

 

5.9

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Schedule of the significant assumptions used in estimating the fair value of options granted

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Three months ended September 30,

    

Nine months ended September 30,

 

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2024

    

2023

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2024

    

2023

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Risk free interest rate

 

N/A

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4.31%

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3.76% - 4.59%

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3.51% - 4.31%

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Expected dividend yield

 

N/A

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0%

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0%

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0%

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Expected term of stock award

 

N/A

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5

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5.0 - 6.5

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1.2 - 5

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Expected volatility in stock price

 

N/A

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51.98%

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49.62% - 51.89%

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51.80% - 55%

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Schedule of RSU activity

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Weighted 

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Number of 

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average grant 

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shares

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date fair value

Outstanding December 31, 2023

 

—

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$

—

Granted

 

2,011,651

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21.50

Vested

 

—

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—

Forfeited

 

(8,259)

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21.50

Outstanding September 30, 2024

 

2,003,392

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21.50

Schedule of Stock-based compensation expense

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Three months ended September 30,

    

Nine months ended September 30,

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2024

    

2023

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2024

    

2023

Cost of revenue

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$

300

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$

131

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$

2,161

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$

545

General and administrative

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4,832

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1,276

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27,043

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3,629

Sales and marketing

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1,587

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444

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10,958

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1,387

Research and development

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1,184

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356

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7,238

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944

Total

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7,903

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2,207

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47,400

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6,505

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