v3.25.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Unvested RSU Activity
The following table summarizes the activity for the Company’s unvested RSUs under the 2024 Plan and the 2024 Inducement Plan, which includes Financial PBRSUs and TSR PBRSUs, during the nine months ended September 30, 2025 (in thousands, except per share amounts):
SharesWeighted-Average
Grant Date Fair Value
Unvested at December 31, 20247,558 $86.29 
Granted5,090 50.09 
Vested(2,023)94.97 
Forfeited/Canceled(1,504)78.87 
Unvested at September 30, 20259,121 65.40 
Schedule of Stock-based Compensation Expense
Stock-based compensation expense included in the Consolidated Statements of Operations for the periods presented below is as follows (in thousands):
 Three Months Ended 
 September 30,
Nine Months Ended 
 September 30,
 2025202420252024
Cost of revenue$6,477 $8,013 $21,387 $24,504 
Marketing4,521 5,690 10,280 18,009 
Product development33,726 36,048 100,279 108,553 
General and administrative16,048 19,541 49,444 63,626 
Stock-based compensation expense$60,772 $69,292 $181,390 $214,692