v3.25.1
Stockholders' Equity and Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Unvested Restricted Stock Units

The activity of restricted stock units is set forth below:

 

 

 

 

 

Weighted Average

 

 

Number of

 

 

Grant Date

 

 

Shares

 

 

Fair Value

 

Unvested at December 31, 2024

 

 

4,529,330

 

 

$

3.40

 

Granted

 

 

1,853,844

 

 

 

3.53

 

Vested

 

 

(1,582,670

)

 

 

3.76

 

Canceled/Forfeited

 

 

(3,478

)

 

 

3.74

 

Unvested at March 31, 2025

 

 

4,797,026

 

 

$

3.33

 

Summary of Unvested Performance Share Units

The activity of PSUs is set forth below:

 

 

 

 

Weighted Average

 

 

Number of

 

 

Grant Date

 

 

Shares

 

 

Fair Value

 

Unvested at December 31, 2024

 

 

 

$

 

Granted

 

 

602,727

 

 

 

3.53

 

Vested

 

 

 

 

Canceled/forfeited

 

 

 

 

Unvested at March 31, 2025

 

 

602,727

 

 

$

3.53

 

Summary of Stock Option Activity

The following table summarizes the Company’s stock option activity since December 31, 2024:

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

Weighted

 

 

Remaining

 

 

 

 

 

 

 

 

 

Average

 

 

Contractual

 

 

Aggregate

 

 

 

Number of

 

 

Exercise

 

 

Term

 

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

(in years)

 

 

Value

 

Options outstanding as of December 31, 2024

 

 

10,563,880

 

 

$

4.74

 

 

 

7.26

 

 

$

2,521

 

Granted

 

 

1,558,694

 

 

 

3.53

 

 

 

 

 

Exercised

 

 

(20,016

)

 

 

1.24

 

 

 

 

 

37

 

Canceled/Forfeited

 

 

(19,409

)

 

 

1.86

 

 

 

 

 

30

 

Options outstanding as of March 31, 2025

 

 

12,083,149

 

 

$

4.59

 

 

 

7.41

 

 

$

12,633

 

Options exercisable as of March 31, 2025

 

 

6,458,452

 

 

$

5.58

 

 

 

6.24

 

 

$

5,528

 

Options vested or expected to vest as of March 31, 2025

 

 

11,038,141

 

 

$

4.71

 

 

 

7.27

 

 

$

11,321