As of June 30, 2026, 2,146,785 shares of Class A common stock are reserved for future issuance under the 2020 Equity Incentive Plan.

Stock option activity for the six months ended June 30, 2026 is as follows:


	Options Outstanding			Weighted-Average Exercise Price
Balance at December 31, 2025		13,172,712		$	2.83
Options granted		1,458,225			1.81
Options exercised		(28,858	)		1.78
Options forfeited		(1,091,828	)		4.51
Balance at June 30, 2026		13,510,251		$	2.61
Vested and exercisable, June 30, 2026		7,986,048		$	3.11

Restricted stock unit activity for the six months ended June 30, 2026 is as follows:


	Number of Shares			Weighted-Average Grant Date Fair Value
Balance at December 31, 2025		2,872,428		$	2.63
Granted		1,713,612			1.80
Vested		(647,227	)		3.36
Forfeited		(635,288	)		2.42
Balance at June 30, 2026		3,303,525		$	2.09

As of June 30, 2026, 1,957,100 shares of Class A common stock are reserved for issuance under the employee stock purchase plan (ESPP). During the six months ended June 30, 2026, 69,431 shares of Class A common stock were issued under the ESPP.

The following table summarizes the components of stock-based compensation recognized in the Company’s unaudited condensed consolidated statements of operations and comprehensive loss (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Cost of revenue	$	40	$	131	$	105	$	258
Research and development		555		1,660		1,250		3,449
Selling, general and administrative		969		2,081		2,336		4,828
Total stock-based compensation	$	1,564	$	3,872	$	3,691	$	8,535