v3.25.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Activity
The following table summarizes the activity for the unvested RSUs during the six months ended June 30, 2025:
RSUsWeighted-
Average
Grant Date Fair Value
Unvested at December 31, 20248,868,310 $6.85 
Granted1,375,159 7.34 
Vested(2,211,472)7.40 
Forfeited and canceled(529,891)6.74 
Unvested at June 30, 20257,502,106 $6.79 
Schedule of Performance-Based Restricted Stock Activity
The following table summarizes the activity for the unvested PSUs during the six months ended June 30, 2025:
PSUsWeighted-
Average
Grant Date Fair Value
Unvested at December 31, 20242,094,164 $6.08 
Granted640,200 10.41 
Vested(36,108)7.77 
Forfeited and canceled(11,524)6.89 
Unvested at June 30, 20252,686,732 $7.76 
Schedule of Stock-based Compensation
The classification of stock-based compensation expense, which includes expense for stock options, RSUs, PSUs, and ESPP charges, by line item within the condensed consolidated statements of operations was as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Cost of revenue - platform$956 $1,302 $1,974 $2,813 
Cost of revenue - professional services and other77 49 152 174 
Research and development2,122 2,658 4,180 5,679 
General and administrative4,679 4,885 9,448 9,565 
Sales and marketing1,406 1,522 2,921 3,025 
Total stock-based compensation expense$9,240 $10,416 $18,675 $21,256