v3.25.2
Equity-based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Arrangement, Option, Activity
A summary of the Company's time-based stock option activity under the 2021 Plan for the six months ended June 30, 2025, is as follows:
Number of Options
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
(years)
Aggregate Intrinsic Value
Balance as of December 31, 2024
39,820 $81.47 7.06$— 
Granted
— — 
Exercised
— — 
Forfeited/Repurchased
— — 
Balance as of June 30, 2025
39,820 $81.47 6.57$— 
Vested as of June 30, 2025
38,997 $80.78 6.57$— 
Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Activity
A summary of the Company's time-based RSU activity under the 2021 Plan for the six months ended June 30, 2025, is as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
Balance as of December 31, 2024
651,287 $14.93 
Granted
387,448 12.83 
Vested
(129,450)17.98 
Forfeited/Repurchased
(17,156)15.61 
Balance as of June 30, 2025
892,129 $13.52 
Schedule of Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option
The following table summarizes time-based incentive unit activity under the 2018 Plan for the six months ended June 30, 2025:
Number of Units
Weighted Average
Grant Date
Fair Value
Weighted Average Participation Threshold
Aggregate Intrinsic Value
Balance as of December 31, 2024
144,003 $1.40 $22.68 $— 
Granted
— — — 
Vested
(144,003)1.40 22.68 
Forfeited/Repurchased
— — — 

Balance as of June 30, 2025
— $— $— $— 
Vested as of June 30, 2025
9,191,205 
Schedule of Summarizes The Company’s Equity-based Compensation Expense
The following table summarizes the Company’s equity-based compensation expense by award type for all Plans:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Stock options$193 $179 $413 $359 
RSUs1,599 1,242 3,270 2,370 
ESPP purchase rights38 20 76 40 
Time-based incentive units13 454 143 1,082 
Total$1,843 $1,895 $3,902 $3,851