v3.26.1
Stockholders' equity (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Common Stock Reserved for Future Issuance Shares of common stock reserved for future issuance consisted of the following:
March 31,December 31,
20262025
2010 Equity Incentive Plan:
Stock options outstanding926,557 940,908 
2021 Equity Incentive Plan:
RSUs outstanding and PSUs(1)
21,747,985 15,485,131 
Shares available for future issuance under:
2021 Equity Incentive Plan14,060,735 13,943,187 
2021 Employee Stock Purchase Plan5,670,306 4,219,800 
Total shares of common stock reserved42,405,583 34,589,026 
(1) For those PSUs in their respective performance periods, the number of shares reserved for issuance is based on the maximum achievement of the corporate performance metrics.
Summary of RSU and PSU Activity
A summary of RSU and PSU activity under the 2021 Plan is as follows:
RSUs OutstandingWeighted Average Grant Date Fair Value
PSUs Outstanding (1)
Weighted Average Grant Date Fair Value
Balance - December 31, 2025
14,159,159$8.06 911,001$7.55 
Granted 8,735,8865.01 — 
Released(1,374,581)9.41 (78,937)8.46 
Canceled(765,598)8.16 (103,037)8.24 
Balance - March 31, 2026
20,754,866$6.68 729,027$7.35 
Unvested - March 31, 2026
20,656,876$6.68 729,027$7.35 
Awards vested, not yet released - March 31, 2026
97,990$8.06 $— 
(1) Canceled PSU shares reflect the difference in the number of shares granted at target and the shares certified by the Board based on actual achievement.
Summary of Stock Option Activity
The following is a summary of activity for stock options having only service-based vesting conditions under the Equity Incentive Plans:
Options OutstandingWeighted Average Exercise PriceWeighted Average Remaining Contractual TermAggregate Intrinsic Value
(In Thousands)
Balance - December 31, 2025
890,908 $5.84 3.61$1,174 
Granted — — 
Exercised (3,750)3.12 
Canceled (10,601)8.29 
Balance - March 31, 2026
876,557 $5.82 3.27$644 
Vested & exercisable as of March 31, 2026
876,557 $5.82 3.27$644 
Summary of Stock-Based Compensation Expense
Total stock-based compensation expense included in the condensed consolidated statements of operations was as follows (in thousands):
Three Months Ended March 31,
20262025
Cost of revenue$1,661 $1,572 
Sales and marketing4,794 5,407 
Research and development4,864 4,708 
General and administrative5,049 6,280 
Total stock-based compensation expense$16,368 $17,967