v3.26.1
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following table summarizes the Company’s stock option activity during the periods presented (in thousands except share and per share data):
Number of optionsWeighted  average  exercise price  ($)Weighted
average
remaining
contractual
term
(years)
Aggregate
intrinsic
value
($)
Outstanding as of December 31, 20253,608,1701.90 6.3687,511 
Granted592,3922.64 
Exercised(1,331,936)1.21 
Forfeited and expired(16,748)2.31 
Outstanding as of June 30, 20262,851,8782.37 6.5261,653 
Options exercisable as of June 30, 20261,884,3452.43 5.8140,623 
Options unvested as of June 30, 2026967,5332.25 7.9021,030 
Schedule of RSU Activity and Related Information
The following table summarizes the RSU activity and related information under the 2022 Plan:
Number of RSUsWeighted average Grant Date Fair Value ($)
Unvested as of December 31, 20258,215,915 6.56 
Granted3,293,489 21.56 
Forfeited and expired(151,630)18.80 
Vested(1,951,810)6.14 
Unvested as of June 30, 20269,405,964 11.71 
Schedule of Stock-Based Compensation Expense
The following table summarizes the stock-based compensation expense classified in the condensed consolidated statements of operations and comprehensive loss as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue$279 $231 $464 $373 
Research and development5,092 2,3299,6653,783
General and administrative4,100 3,083 6,0904,900
Sales and marketing1,642 1,028 2,9131,608
Total stock-based compensation$11,113 $6,671 $19,132 $10,664