v3.25.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 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 six months ended June 30, 2025 (in thousands, except per share amounts):
SharesWeighted-Average
Grant Date Fair Value
Unvested at December 31, 20247,558 $86.29 
Granted4,458 49.08 
Vested(1,407)106.05 
Forfeited/Canceled(1,199)81.60 
Unvested at June 30, 20259,410 66.31 
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 
 June 30,
Six Months Ended 
 June 30,
 2025202420252024
Cost of revenue$7,382 $8,787 $14,910 $16,491 
Marketing5,195 5,882 5,759 12,319 
Product development31,843 38,441 66,553 72,505 
General and administrative14,090 21,607 33,396 44,085 
Stock-based compensation expense$58,510 $74,717 $120,618 $145,400