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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2020
Employee Benefit Plans  
Assumptions made for the purpose of estimating fair value

    

2020

    

2019

    

2018

Expected term of options (years)

6

6

6

Risk free interest rate

0.37% - 1.37%

1.52% - 2.53%

2.81% - 2.88%

Volatility

64.19% - 68.18%

69.32% - 87.94%

98.31% - 98.89%

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity for the year December 31, 2020 is as follows (in thousands except share amounts):

    

    

    

Weighted

    

Weighted

Average

Average

Remaining

Aggregate

Exercise

Contractual

Intrinsic

Shares

Price

Terms

Value

Options outstanding at December 31, 2019

23,013,590

$

2.48

6.6

$

22,277

Granted

3,509,549

12.79

Exercised

(16,159,742)

2.55

Forfeited

(73,249)

6.32

Expired

(5,650)

4.78

Options outstanding at December 31, 2020

10,284,498

$

5.78

7.8

$

289,316

Options exercisable at December 31, 2020

4,084,124

2.31

5.8

129,068

Options unvested at December 31, 2020

6,200,374

$

8.07

9.1

$

160,248

Nonvested Restricted Stock Shares Activity

A summary of restricted stock activity for the year ended December 31, 2020 is as follows (in thousands except share amounts):

    

    

Aggregate

 

Intrinsic

Shares

Value

Unvested restricted stock at December 31, 2019

4,608,560

$

Granted

3,227,149

Vested

(1,896,901)

Forfeited

(64,166)

Unvested restricted stock at December 31, 2020

5,874,642

$

199,209