v3.25.1
Share-Based Payment Arrangements (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of RSU Activity
A summary of RSU activity is presented below:
 
    
Shares
    
Weighted-Average

Grant Date Fair Value
 
Unvested, December 31, 2022
     16,384,468      $ 2.71
Granted
     23,998,872        0.55
Vested
     (10,966,667      2.65
Forfeited
     (2,694,954      2.09
  
 
 
    
 
 
 
Unvested, December 31, 2023
     26,721,719        0.86
Granted
     15,646,684        0.26
Vested
     (16,376,784      0.81
Forfeited
     (4,883,634      0.69
  
 
 
    
 
 
 
Unvested, December 31, 2024
     21,107,985      $ 0.49
  
 
 
    
 
 
 
The following table presents information about the Company’s RSUs for the period presented:
 
    
Year ended
 
(Dollars in thousands)
  
December 31, 2024
    
December 31, 2023
    
December 31, 2022
 
Share-based compensation
   $ 8,040      $ 17,076      $ 18,856  
Schedule of Unrecognized Compensation Cost
The following table presents information about the Company’s RSUs as of the date presented:
 
    
December 31, 2024
    
December 31, 2023
 
Unrecognized compensation costs
   $ 4,790      $ 9,137  
Weighted average period over which compensation cost will be recognized (in years)
     1.38        1.8  
Maximum term relating to outstanding RSUs (in years)
     2.25        2.3  
The following table presents information about the Company’s PSUs as of the date presented:
 
    
December 31, 2024
    
December 31, 2023
 
Unrecognized compensation costs
   $ 402      $ 458  
Weighted average period over which compensation cost will be recognized (in years)
     2.25        0.3  
Maximum term relating to outstanding PSUs (in years)
     2.25        0.5  
Schedule of PSU Activity
A summary of PSU activity is presented below:
 
    
Shares
    
Weighted-Average Grant

Date Fair Value
 
Unvested, December 31, 2022
     7,308,263      4.77
Vested
     (2,307,905      2.01
Forfeited
     (2,781,120      7.66
  
 
 
    
 
 
 
Unvested, December 31, 2023
     2,219,238      4.02
Granted
     2,734,375      0.28
Vested
     (1,144,011      1.21
Forfeited
     (1,758,820      4.40
  
 
 
    
 
 
 
Unvested, December 31, 2024
     2,050,782      0.27
  
 
 
    
 
 
 
The following table presents information about the Company’s PSUs activity:
 
    
Year ended
 
(Dollars in thousands)
  
December 31, 2024
    
December 31, 2023
    
December 31, 2022
 
Share-based compensation
   $ (9,049    $ (11,611    $ 8,812