v3.26.1
SHARE-BASED AWARDS (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of the Stock Option Activity
A summary of the stock option activity for the six months ended June 30, 2026, is as follows:
Number of
Options
(in thousands)
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term (in years)
Aggregate
Intrinsic
Value
(in millions)
Balance-December 31, 20253,327 $2.65 2.1$11 
Exercised(248)2.23 
Expired(30)3.65 
Balance-June 30, 20263,049 $2.67 1.7$
Exercisable-June 30, 20263,049 $2.67 1.7$
Schedule of the RSU Activity
A summary of the RSU activity for the six months ended June 30, 2026, is as follows:
Number of
RSUs
(in thousands)
Weighted-
Average
Grant-Date
Fair Value
Unvested and outstanding-December 31, 202532,698 $3.45 
Granted11,833 4.97 
Vested(10,550)2.25 
Forfeited(5,427)3.02 
Unvested and outstanding-June 30, 202628,554 $4.60 
A summary of the market condition RSU activity for the six months ended June 30, 2026, is as follows:
Number of
RSUs
(in thousands)
Weighted-
Average
Grant-Date
Fair Value
Unvested and outstanding-December 31, 2025101,418 $8.36 
Granted2,899 4.42 
Forfeited(769)4.54 
Unvested and outstanding-June 30, 2026103,548 $8.28 
Schedule of Stock-Based Compensation Expense in the Statements of Operations
Stock-based compensation expense is allocated based on the cost center to which the award holder belongs. The following table summarizes total stock-based compensation expense by function as presented in the condensed consolidated statements of operations for the three and six months ended June 30, 2026 and 2025 (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
General and administrative$107 $$217 $18 
Sales, marketing and operations
Technology and development10 18 
Total stock-based compensation expense$119 $13 $239 $27