v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock-based Compensation
Stock-based compensation recorded in the condensed consolidated statements of operations was as follows:
Three Months Ended
March 31,
20262025
Platform operations$688 $892 
Sales and marketing2,403 1,500 
Technology and development976 758 
General and administrative2,510 2,489 
Total$6,577 $5,639 
Summary of RSU Activity
The following summarizes RSU activity:
Number of Shares
(in thousands)
Weighted-Average
Grant Date Fair Value
RSUs outstanding as of December 31, 20253,953 $11.25 
Granted3,460 12.26 
Vested(835)8.60 
Canceled/forfeited(74)10.82 
RSUs outstanding as of March 31, 20266,504 $12.14 
Summary of Nonqualified Stock Option Activity
The following summarizes NQSO activity:
Number of Options
(in thousands)
Weighted-Average
Exercise Price
Weighted-Average
Remaining Contractual Term
(years)
Aggregate Intrinsic Value
(in thousands)(1)
NQSOs outstanding as of December 31, 20254,362 $6.03 6.7$26,288 
Granted— — 
Exercised(70)5.41 
Canceled(1)6.00 
Expired— — 
NQSOs outstanding as of March 31, 20264,291$6.04 6.4$22,227 
Vested and exercisable4,071 $5.89 6.4$21,696 
Class of Treasury Stock
Shares of Class A common stock and Class B units repurchased by the Company under the stock repurchase program were as follows (in thousands):
Three Months Ended
March 31, 2026
Shares
Amount
Class A common stock repurchases94 $987 
Class B unit repurchases— — 
Total repurchases94 $987 
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity
The following summarizes PSU activity:
Number of Shares
(in thousands)
Weighted-Average
Grant Date Fair Value
PSUs outstanding as of December 31, 2025— $— 
Granted487 12.32 
Vested— — 
Canceled/forfeited— — 
PSUs outstanding as of March 31, 2026487 $12.32