| Schedule of Non-vested Restricted Stock Units |
Information with respect to our non-vested restricted stock units for the three months ended December 31, 2024 was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-Vested Restricted Stock Units |
|
|
Time-Based
Shares |
|
Performance-
Based Shares |
|
Total Shares |
|
Weighted-
Average
Grant-Date
Fair Value |
|
Weighted-
Average
Remaining
Contractual
Term (years) |
|
Aggregate
Intrinsic
Value
(in thousands) |
|
Non-vested at September 30, 2024 |
|
2,587,386 |
|
|
1,119,437 |
|
|
3,706,823 |
|
$ |
23.51 |
|
|
|
|
|
Granted |
|
2,011,534 |
|
|
1,867,288 |
|
|
3,878,822 |
|
$ |
4.95 |
|
|
|
|
|
Vested |
|
(923,091 |
) |
|
(143,369 |
) |
|
(1,066,460 |
) |
$ |
30.80 |
|
|
|
|
|
Forfeited |
|
(91,259 |
) |
|
(420,577 |
) |
|
(511,836 |
) |
$ |
24.48 |
|
|
|
|
|
Non-vested at December 31, 2024 |
|
3,584,570 |
|
|
2,422,779 |
|
|
6,007,349 |
|
$ |
14.18 |
|
|
|
|
|
Expected to vest |
|
|
|
|
|
6,007,349 |
|
$ |
14.18 |
|
|
1.42 |
|
$ |
47,098 |
|
|
| Schedule of Stock-based Compensation |
Stock-based compensation was included in the following captions in our Condensed Consolidated Statements of Operations for the three months ended December 31, 2024 and 2023 (in thousands):
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|
|
|
|
|
|
|
|
Three Months Ended December 31, |
|
|
|
2024 |
|
|
2023 |
|
Cost of connected services |
|
$ |
53 |
|
|
$ |
81 |
|
Cost of professional services |
|
|
437 |
|
|
|
560 |
|
Research and development |
|
|
1,829 |
|
|
|
3,831 |
|
Sales and marketing |
|
|
509 |
|
|
|
718 |
|
General and administrative |
|
|
1,980 |
|
|
|
3,190 |
|
Restructuring and other costs, net |
|
|
2,963 |
|
|
|
— |
|
|
|
$ |
7,771 |
|
|
$ |
8,380 |
|
|