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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity and Weighted Average Exercise Prices
The following table is a summary of the Company’s stock option activity for the six months ended June 30, 2024:
Stock Option Activity
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
Options
Weighted
Average
Exercise Price
(In thousands)
(Per option)
(In years)
(In thousands)
Balance outstanding as of December 31, 20233,137 $22.68 4.84$40 
Granted1,000 
(1)
1.02 
Cancelled or expired(1,256)22.22 
Balance outstanding as of June 30, 20242,881 15.38 6.3
Options vested and expected to vest 624 6.89 9.29— 
Options exercisable as of June 30, 20241,692 $22.51 4.12$
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(1) Represents the CEO Inducement Award, which does not count against the number of shares reserved for issuance under the Company’s 2019 Stock Incentive Plan or the Company’s 2018 Inducement Plan.
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table is a summary of the Company’s RSU and PRSU activity for the six months ended June 30, 2024:
Number of Shares
Weighted Average Grant Date Fair Value
Aggregate Fair Value
(In thousands)(Per share)(In thousands)
Balance outstanding as of December 31, 20235,064 $12.53 $19,193 
Awarded5,699 0.99 
Vested(969)16.66 
Forfeited(887)15.82 
Non-vested and outstanding as of June 30, 20248,907 4.37 5,171 
Expected to vest 6,215 $4.66 $3,608 
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award
Total stock-based compensation costs included in our condensed consolidated statements of operations for the three and six months ended June 30, 2024 and 2023 are as follows:

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(In thousands)(In thousands)
Cost of revenue $288 $(1,232)$631 $803 
Sales and marketing 1,854 2,299 4,309 4,703 
General and administrative 2,318 (13,882)4,116 (11,250)
Product development 1,440 (5,333)4,402 (1,072)
Total
$5,900 $(18,148)$13,458 $(6,816)