| Schedule of Stock Option Activity |
The following table summarizes the Company’s stock option activity: | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding Options | | Number of Options | | Weighted-Average Exercise Price | | Weighted-Average Remaining Contractual Term
(in years) | | Aggregate Intrinsic Value (in thousands) | | Balance as of December 31, 2025 | 15,126,442 | | | $ | 5.64 | | | 2.4 | | $ | 119,321 | | | | | | | | | | | Options exercised | (997,667) | | | $ | 0.55 | | | | | | | Options expired | (44,007) | | | $ | 0.55 | | | | | | | Balance as of June 30, 2026 | 14,084,768 | | | $ | 6.02 | | | 2.0 | | $ | 96,507 | | | Options vested and expected to vest as of June 30, 2026 | 4,454,558 | | | $ | 5.95 | | | 2.3 | | $ | 30,829 | | | Exercisable as of June 30, 2026 | 4,454,558 | | | $ | 5.95 | | | 2.3 | | $ | 30,829 | |
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| Schedule of Activity for RSUs |
The following table summarizes the activity for the Company’s restricted stock units (“RSUs”): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total RSUs | | Stock Price Target and GMS Performance RSUs | | Other RSUs | | Shares | | Weighted-Average Grant Date Fair Value | | Shares | | Weighted-Average Grant Date Fair Value | | Shares | | Weighted-Average Grant Date Fair Value | | Unvested as of December 31, 2025 | 19,844,438 | | $ | 33.27 | | | 12,410,483 | | $ | 30.81 | | | 7,433,955 | | $ | 37.38 | | Granted | 28,294,957 | | $ | 7.65 | | | — | | | $ | — | | | 28,294,957 | | $ | 7.65 | | Forfeited | (1,987,672) | | | $ | 15.70 | | | — | | | $ | — | | | (1,987,672) | | | $ | 15.70 | | | Vested and released | (9,014,978) | | | $ | 12.32 | | | — | | | $ | — | | | (9,014,978) | | | $ | 12.32 | | Vested but unreleased | (2,466,369) | | | $ | 14.64 | | | (325,000) | | | $ | 35.69 | | | (2,141,369) | | | $ | 11.44 | | | Unvested as of June 30, 2026 | 34,670,376 | | $ | 20.16 | | | 12,085,483 | | $ | 30.68 | | | 22,584,893 | | $ | 14.53 | | | Vested but unreleased as of June 30, 2026 | 2,466,369 | | $ | 14.64 | | | 325,000 | | $ | 35.69 | | | 2,141,369 | | $ | 11.44 | | | Outstanding as of June 30, 2026 | 37,136,745 | | $ | 19.79 | | | 12,410,483 | | $ | 30.81 | | | 24,726,262 | | $ | 14.26 | |
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