Equity-based Compensation (Tables)
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6 Months Ended |
Aug. 31, 2021 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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Schedule of stock-based compensation |
| | | | | | | | | | | | | | | Three months ended August 31, | | Six months ended August 31, | | | 2021 | | 2020 | | 2021 | | 2020 | Cost of revenue, excluding depreciation and amortization | | $ | 1,054 | | $ | 218 | | $ | 1,382 | | $ | 327 | Product and technology | | | 6,366 | | | 718 | | | 8,188 | | | 1,152 | Sales and marketing | | | 4,054 | | | 490 | | | 5,427 | | | 792 | General and administrative | | | 8,301 | | | 679 | | | 12,453 | | | 1,093 | Total stock-based compensation | | $ | 19,775 | | $ | 2,105 | | $ | 27,450 | | $ | 3,364 |
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Schedule of restricted stock units activity |
| | | | | Restricted Stock Units | Balance, February 28, 2021 | | 190,713 | Granted | | 1,604,104 | Vested | | (18,626) | Forfeited | | (53,889) | Balance, August 31, 2021 | | 1,722,302 |
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2020 Equity Incentive Plan |
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Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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Schedule of stock option activity |
The following is a summary of stock option activity under the Option Plan and Incentive Plan: | | | | | | | | | | | | | | | Weighted | | Weighted | | | | | | | | average | | remaining | | Aggregate | | | | | exercise | | contractual life | | intrinsic | | | Stock Options | | price | | in years | | value | Balance, February 28, 2021 | | 8,723,769 | | $ | 8.97 | | | | | | Granted | | 445,195 | | | 52.25 | | | | | | Exercised | | (600,082) | | | 9.36 | | | | | | Forfeited | | (194,274) | | | 11.60 | | | | | | Balance, August 31, 2021 | | 8,374,608 | | $ | 11.18 | | 6.6 | years | $ | 305,527 | Vested and expected to vest as of August 31, 2021 | | 8,294,834 | | $ | 11.20 | | 6.6 | years | $ | 265,499 | Exercisable as of August 31, 2021 | | 5,672,929 | | $ | 7.12 | | 5.7 | years | $ | 228,496 |
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PlushCare, Inc. Stock Incentive Plan |
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Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
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Schedule of stock option activity |
In connection with the acquisition of PlushCare, the Company assumed all stock options that were awarded under the PlushCare Plan and that were outstanding as of the closing of the acquisition. These options were converted into options to purchase the Company’s common stock at a ratio determined in the purchase agreement. The Company has no intent to grant any further options under the PlushCare Plan beyond the options granted and outstanding as of the Company's acquisition of PlushCare. The following is a summary of stock option activity under the PlushCare Plan: | | | | | | | | | | | | | | | Weighted | | Weighted | | | | | | | | average | | remaining | | Aggregate | | | | | exercise | | contractual life | | intrinsic | | | Stock Options | | price | | in years | | value | Assumed, June 9, 2021 | | 325,992 | | | | | | | | | Exercised | | (13,089) | | $ | 1.18 | | | | | | Forfeited | | (2,379) | | $ | 2.88 | | | | | | Balance, August 31, 2021 | | 310,524 | | $ | 1.62 | | 8.2 | years | $ | 14,210 | Vested and expected to vest as of August 31, 2021 | | 308,295 | | $ | 1.61 | | 8.2 | years | $ | 11,660 | Exercisable as of August 31, 2021 | | 119,497 | | $ | 0.99 | | 7.6 | years | $ | 5,543 |
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