Schedule of Total Compensation Costs for Stock-Based Awards |
The following table reflects stock-based compensation expense by award type for the indicated periods (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Options | $ | 747 | | | $ | 2,228 | | | $ | 1,815 | | | $ | 3,899 | | RSUs | 18,537 | | | 39,192 | | | 40,707 | | | 76,509 | | PSUs | 2,782 | | | 278 | | | 4,311 | | | 2,849 | | Employee Stock Purchase Plan | 278 | | | 409 | | | 674 | | | 1,175 | | Total stock-based compensation | $ | 22,344 | | | $ | 42,107 | | | $ | 47,507 | | | $ | 84,432 | |
Total compensation costs for stock-based awards were recorded for the indicated periods as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Cost of revenue (exclusive of depreciation and amortization, which are shown separately) | $ | 506 | | | $ | 1,313 | | | $ | 1,079 | | | $ | 2,707 | | Advertising and marketing | 1,302 | | | 3,378 | | | 2,805 | | | 7,167 | | Sales | 3,594 | | | 6,953 | | | 7,853 | | | 14,920 | | Technology and development | 4,247 | | | 9,683 | | | 10,032 | | | 18,982 | | General and administrative | 12,695 | | | 20,780 | | | 25,738 | | | 40,656 | | Total stock-based compensation expense | 22,344 | | | 42,107 | | | 47,507 | | | 84,432 | | Capitalized stock-based compensation | 1,904 | | | 3,390 | | | 4,481 | | | 7,287 | | Total stock-based compensation | $ | 24,248 | | | $ | 45,497 | | | $ | 51,988 | | | $ | 91,719 | |
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Schedule of Unrecognized Compensation Cost |
As of June 30, 2025, the Company had unrecognized compensation cost related to outstanding stock-based award as follows (dollars in thousands):
| | | | | | | | | | | | | | | Award Type | | Unearned Compensation | | Weighted Average Remaining Life (Years) | Options | | $ | 1,822 | | | 2.1 | RSUs | | $ | 106,952 | | | 1.9 | PSUs | | $ | 23,597 | | | 2.6 |
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