Stockholders' Equity (Tables)
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6 Months Ended |
Jun. 30, 2025 |
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| Share-Based Payment Arrangement [Abstract] |
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| Schedule of Common Stock Reserved for Future Issuance |
The Company has reserved the following shares of common stock for future issuance: | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | 2014 Stock Plan: | | | | | Options outstanding | 19,906,898 | | 23,142,966 | | Restricted stock units outstanding | 55 | | 277,960 | | 2021 Equity Incentive Plan: | | | | | Options outstanding | 22,500 | | 22,500 | | Restricted stock units outstanding | 23,404,364 | | 20,277,922 | | Remaining shares available for future issuance | 51,104,256 | | 44,279,867 | | 2021 Employee Stock Purchase Plan | 12,708,562 | | 10,139,193 | | Total | 107,146,635 | | 98,140,408 |
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| Schedule of Stock Equity Award Activity |
The following table summarizes stock equity award activity and activity regarding shares available for grant under the 2014 Plan and the 2021 Plan: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Equity Awards Outstanding | | Shares Available for Grant | | Outstanding
Stock Options | | Weighted-Average
Exercise Price | | Weighted-Average Remaining Contractual Term (in years) | | Aggregate Intrinsic Value (in thousands) | | Balance as of January 1, 2025 | 44,279,867 | | 23,165,466 | | $ | 7.97 | | | 4.95 | | $ | 463,750 | | | Increase in authorized shares | 16,644,267 | | — | | $ | — | | | | | | | Stock options exercised | — | | (3,225,406) | | $ | 6.85 | | | | | | | Stock options forfeited or expired | 10,662 | | (10,662) | | $ | 18.18 | | | | | | | RSUs granted | (12,315,531) | | — | | $ | — | | | | | | | RSUs forfeited or cancelled | 2,484,991 | | — | | $ | — | | | | | | | Balance as of June 30, 2025 | 51,104,256 | | 19,929,398 | | $ | 8.14 | | | 4.30 | | $ | 335,249 | | | Vested as of June 30, 2025 | | | 19,929,398 | | $ | 8.14 | | | 4.30 | | $ | 335,249 | | | Vested and expected to vest as of June 30, 2025 | | | 19,929,398 | | $ | 8.14 | | | 4.30 | | $ | 335,249 | |
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| Schedule of Restricted Stock Unit Activity |
The following table summarizes RSU activity under the 2014 Plan and the 2021 Plan: | | | | | | | | | | | | | RSUs Outstanding | | Number of Shares | | Weighted-Average
Grant Date
Fair Value | | Unvested balance as of January 1, 2025 | 20,555,882 | | $ | 26.97 | | | RSUs granted | 12,315,531 | | $ | 26.16 | | | RSUs vested | (6,982,003) | | $ | 27.88 | | | RSUs forfeited or cancelled | (2,484,991) | | $ | 28.77 | | | Unvested balance as of June 30, 2025 | 23,404,419 | | $ | 26.09 | |
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| Schedule of Stock-Based Compensation Expense |
Total stock-based compensation expense was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Cost of revenue - subscription | $ | 7,329 | | | $ | 6,956 | | | $ | 13,319 | | | $ | 13,199 | | | Cost of revenue - services | 1,950 | | | 2,223 | | | 3,698 | | | 4,796 | | | Research and development | 47,948 | | | 40,770 | | | 88,742 | | | 79,664 | | | Sales and marketing | 31,249 | | | 33,823 | | | 61,736 | | | 66,981 | | | General and administrative | 13,521 | | | 15,335 | | | 27,077 | | | 29,789 | | | Stock-based compensation, net of amounts capitalized | $ | 101,997 | | | $ | 99,107 | | | $ | 194,572 | | | $ | 194,429 | | | Capitalized stock-based compensation | 4,931 | | | 4,505 | | | 8,273 | | | 10,102 | | | Total stock-based compensation | $ | 106,928 | | | $ | 103,612 | | | $ | 202,845 | | | $ | 204,531 | |
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