v3.25.2
Employee Benefit Plans (Tables)
 6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Schedule of Stock Option Activity
Stock option activity for the six months ended June 30, 2025 was as follows:
Number of
Shares 		Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term
(in Years)		Aggregate
Intrinsic
Value
Balance—December 31, 20249.1 $7.64 4.97$25.3 
Granted5.2 7.81 
Exercised(0.8)4.70 
Canceled(0.2)18.40 
Balance—June 30, 202513.3 $7.75 6.57$28.4 
Options vested7.1 $7.26 4.09$23.0 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
RSU and PSU activity for the six months ended June 30, 2025 was as follows:
RSUsPSUs
Number of
Units		Weighted-Average
Grant Date Fair Value		Aggregate
Intrinsic
Value		Number of
Units		Weighted-Average
Grant Date Fair Value		Aggregate
Intrinsic
Value
Unvested balance—December 31, 202416.1 $12.82 $136.7 0.3 $14.36 $2.2 
Granted(1)
9.1 7.58 0.4 7.73 
Vested(2)
(3.6)14.60 (0.1)14.36 
Forfeited(3)
(2.3)12.71 (0.1)14.36 
Unvested balance—June 30, 202519.3 $10.03 $169.5 0.5 $9.34 $4.9 
Schedule of Stock-Based Compensation Expense in the Consolidated Statements of Operations
Stock-based compensation expense is classified in the Condensed Consolidated Statements of Operations as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Cost of revenue$0.6 $0.7 $1.3 $1.4 
Research and development8.9 10.9 17.5 21.9 
Sales and marketing5.5 8.5 10.4 16.4 
General and administrative8.8 9.9 20.4 18.2 
Restructuring related charges— — (1.6)— 
Total$23.8 $30.0 $48.0 $57.9 
The table below presents unrecognized employee compensation cost related to unvested shares and the weighted-average period over which it is expected to be recognized:
June 30, 2025
Unrecognized Employee Compensation Cost Related to Unvested SharesWeighted-Average Period Over Which the Compensation Is Expected to Be Recognized
(in Years)
RSUs
$170.1 2.6
Common stock options25.9 3.3
ESPP Rights
3.9 0.9
PSUs
3.9 3.6
Schedule of Shares of Common Stock Reserved for Future Issuance
The following table presents total shares of our common stock reserved for future issuance:
June 30, 2025December 31, 2024
RSUs outstanding19.316.1
Stock options outstanding13.39.1
PSUs outstanding0.50.3
Shares available for future grants20.922.5
Total shares of common stock reserved54.047.9