Stockholders’ Equity and Stock Option Plans (Tables)

3 Months Ended

Mar. 31, 2021

Equity [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

	Stock Options
	Number of Shares Underlying Outstanding Options	Weighted-Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value (in thousands)
Outstanding — December 31, 2020	8,459,969	$	2.53	6.83	$	215,144
Options granted	657,066	$	36.65
Options exercised	(278,412)	$	1.62
Options canceled	(6,343)	$	4.29
Options expired	(160)	$	0.26
Outstanding — March 31, 2021	8,832,120	$	5.09	6.97	$	390,601
Vested — March 31, 2021	5,551,331	$	2.33	5.75	$	260,855

A summary of RSU activity under the Company’s equity incentive plan and related information is as follows:

	RSUs
	Number of Shares	Weighted-Average Grant Date Fair Value per Share
Unvested — December 31, 2020	—	$	—
Granted	227,792	$	39.47
Unvested — March 31, 2021	227,792	$	39.47

Share-based Payment Arrangement, Expensed and Capitalized, Amount

The total stock-based compensation recognized in the condensed consolidated statements of operations and comprehensive income is as follows (in thousands):

	Three Months Ended March 31,
	2021		2020
Cost of revenue	$	168	$	10
Technology and development	481		74
Sales and marketing	1,161		180
General and administrative	1,355		231
Total stock-based compensation	3,165		495
Tax benefit from stock-based compensation	(251)		(43)
Total stock-based compensation, net of tax effect	$	2,914	$	452