v3.26.1
Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Option, Activity
Option activity (excluding the performance stock options granted to the CEO outlined above) is as follows (in thousands, except for weighted average exercise price and weighted average contractual term in years):
 
SharesWeighted
Average
Exercise
Price
Weighted
Average
Contractual
Period
(in Years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 20256,458 $6.08 5.68$170,453 
Exercised(1,085)4.62 
Forfeited and expired(25)11.53 
Outstanding at March 31, 20265,348 6.35 5.4277,076 
Exercisable as of March 31, 20265,186 6.22 5.3875,402 
Share-based Payment Arrangement, Option, Exercise Price Range
The options outstanding and exercisable as of March 31, 2026 (excluding the performance stock options granted to the CEO outlined above) have been aggregated into ranges for additional disclosure as follows (in thousands, except weighted average remaining contractual life and exercise price):
 
 Options OutstandingOptions Exercisable
Exercise PriceSharesWeighted Average Remaining Contractual Life 
(in Years)
SharesWeighted Average Remaining Contractual Life 
(in Years)
$ 0.06 – 0.40
1.671.67
1.55 – 1.75
227 3.31227 3.31
2.43 – 3.11
490 4.20490 4.20
5.01 – 6.82
2,895 5.932,859 5.92
8.13 – 11.53
1,580 5.241,454 5.09
12.21 – 15.17
148 5.03148 5.03
5,348 5,186 
Share-based Payment Arrangement, Restricted Stock Unit, Activity
RSU activity (excluding the PRSUs outlined below) is as follows (in thousands, except for weighted average grant date fair value):

SharesWeighted Average Grant Date Fair Value
Unvested at December 31, 202513,075 $27.50 
Granted9,416 25.37 
Vested(1,600)16.18 
Forfeited and expired(1,312)23.65 
Unvested at March 31, 202619,579 $27.66 
Share-based Payment Arrangement, Expensed and Capitalized, Amount
The following table summarizes stock-based compensation expense for employees and nonemployees, by category, on the unaudited condensed consolidated statements of operations and comprehensive (loss) income for the three months ended March 31, 2026 and 2025 (in thousands):

Three Months Ended March 31,
20262025
Marketing$2,815 $2,774 
Operations and support6,113 3,006 
Technology and development5,990 4,045 
General and administrative21,944 15,033 
Total stock-based compensation expense$36,862 $24,858