Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

The following table summarizes the activities for all stock options under the Company’s stock-based compensation plans for the three months ended March 31, 2025:


	Number of Options Outstanding	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life	Aggregate Intrinsic Value(1)
	(in thousands)				(in thousands)
Outstanding as of December 31, 2024	4,993	$	0.51	5.09 years	$	589
Granted	—	$	—
Exercised	(4)	$	0.27
Forfeited or expired	(15)	$	0.30
Outstanding as of March 31, 2025	4,974	$	0.51	4.86 years	$	237
Exercisable as of March 31, 2025	4,962	$	0.51	4.86 years	$	237
Vested and expected to vest as of March 31, 2025	4,974	$	0.51	4.86 years	$	237

(1) The intrinsic value is the amount by which the current market value of the underlying stock exceeds the exercise price of the stock awards.

Schedule of Restricted Stock Activity

The following table summarizes the activities for all RSUs under the Company’s stock-based compensation plans for the three months ended March 31, 2025:


	Number of Shares	Weighted-Average Grant Date Fair Value Per Share
	(in thousands)
Outstanding and nonvested as of December 31, 2024	7,218	$	1.95
Granted	—	$	—
Vested	(469)	$	2.40
Forfeited	(64)	$	1.92
Outstanding and nonvested as of March 31, 2025	6,685	$	1.92

Schedule of Total Stock-Based Compensation Expense by Function

The following table provides information about stock-based compensation expense by financial statement line item:


	Three Months Ended
			March 31, 2025		March 31, 2024
		(in thousands)
Platform operations and support			$	213	$	210
Sales and marketing			383		223
General and administrative			1,276		863
Total stock-based compensation expense			$	1,872	$	1,296