Stockholders’ Equity and Stock Option Plans (Tables)

6 Months Ended

Jun. 30, 2022

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, 2021	6,542,351	$	6.08	6.95	$	184,727
Options granted	417,016	26.64
Options exercised	(227,234)	3.69
Options canceled/expired	(89,300)	12.69
Outstanding — June 30, 2022	6,642,833	$	7.37	6.64	$	74,321
Vested and exercisable — June 30, 2022	4,703,363	$	4.32	5.92	$	59,723

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, 2021	483,302	$	35.23
Granted	1,138,824	$	27.98
Vested	(114,656)	$	32.06
Canceled/Forfeited	(74,233)	$	30.93
Unvested — June 30, 2022	1,433,237	$	29.94

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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Cost of revenue	$	327	$	204	$	605	$	372
Technology and development	907		579		1,784		1,060
Sales and marketing	2,098		1,290		4,005		2,451
General and administrative	2,059		1,556		4,133		2,911
Total stock-based compensation	5,391		3,629		10,527		6,794
Tax benefit from stock-based compensation	(875)		(500)		(1,706)		(880)
Total stock-based compensation, net of tax effect	$	4,516	$	3,129	$	8,821	$	5,914