Stockholders' Equity and Stock Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Summary of Common Shares Reserved for Future Issuance

Shares of common stock reserved for future issuance were as follows (in thousands):

	March 31, 2022
2011 Stock Plan:
Options and RSUs outstanding	31,919
2021 Equity Incentive Plan:
RSUs outstanding	1,555
Shares reserved for future award issuances	55,619
2021 Employee Stock Purchase Plan	6,500
Total shares of common stock reserved for issuance	95,593

Schedule of Restricted Stock Unit Activity

RSU activity, which includes PRSUs, during the three months ended March 31, 2022 is as follows:

Share Information:	Number of Shares	Weighted-Average Grant Date Fair Value Per Share
	(in thousands, except per share data)
Unvested, as of December 31, 2021	47,830	$	14.47
Granted	1,164	$	22.47
Vested	(16,223)	$	6.57
Forfeited	(533)	$	16.17
Unvested, as of March 31, 2022	32,238	$	18.70

Stock-based Compensation Expense

Total stock-based compensation expense recorded for the three months ended March 31, 2022 and 2021 was as follows (in thousands):

	Three Months Ended March 31,
	2022		2021
Cost of revenue	$	1,526	$	—
Research and development	8,309		—
Sales and marketing	12,536		—
General and administrative	24,254		—
Total stock-based compensation expense	$	46,625	$	—

Share-based Payment Arrangement, Nonvested Award, Cost

As of March 31, 2022, unrecognized stock-based compensation expense related to unvested stock-based awards was as follows (in thousands, except for period data):

	March 31, 2022
	Unrecognized Stock-Based Compensation		Weighted-Average Period to Recognize Expense (in years)
RSUs and PRSUs	$	549,123	3.4
ESPP	15,892		1.0
Total unrecognized stock-based compensation expense	$	565,015