The Company maintains three equity compensation plans that provide for the issuance of shares of its common stock to the Company’s employees, directors, consultants and other service providers: the 2021 Equity Incentive Plan, the 2021 Partner Studio Incentive Plan, and the 2021 Employee Stock Purchase Plan. There were no material equity award issuances during the three and six months ended June 30, 2026.

Stock-based compensation included in the Company's condensed consolidated statements of operations is as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Cost of revenue	$	35	$	100	$	94	$	1,200
Sales and marketing	2,567		6,105		5,799		22,071
Research and development	68,946		17,207		136,320		45,000
General and administrative	14,235		11,140		27,039		25,396
Stock-based compensation from continuing operations	85,783		34,552		169,252		93,667
Stock-based compensation from discontinued operations	—		1,395		—		3,663
Total stock-based compensation	$	85,783	$	35,947	$	169,252	$	97,330