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Stock-Based Compensation Expense and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2021
Compensation Related Costs [Abstract]  
Schedule of Weighted-Average Valuation Assumptions We used the following weighted-average assumptions in applying the Black-Scholes valuation model for determination of option valuation:
 Years Ended
December 31,
 202120202019
 
Risk-free interest rate
0.6%
1.7% - 2.6%
Expected term (years)
6.6
6.4 - 6.7
Expected dividend yield
Expected volatility
71.0%
45.7% - 50.2%
We used the following weighted-average assumptions in applying the Black-Scholes valuation model for determination of the 2018 ESPP share valuation:
Years Ended
December 31,
20212020
Risk-free interest rate
0.1% - 2.8%
0.12%- 1.51%
Expected term (years)
0.5 - 2.0
0.5 - 2.0
Expected dividend yield
Expected volatility
95.0% - 114.5%
61.0% - 119.2%
Schedule of Employee and Non-Employee Stock-Based Compensation Expense The following table summarizes the components of stock-based compensation expense in the consolidated statements of operations (in thousands):
 Years Ended
December 31,
 202120202019
Cost of revenue$13,811 $17,475 $45,429 
Research and development20,274 19,037 40,949 
Sales and marketing17,085 10,997 32,478 
General and administrative24,962 26,384 77,435 
$76,132 $73,893 $196,291 
Schedule of Stock Option and RSU Activity
The following table summarizes the stock option activity under our stock plans during the reporting period:
 Outstanding Options
 Number of
Shares
Weighted
Average
Exercise
Price
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
   (in thousands)
Balances at December 31, 201917,837,316 $20.76 6.9$14,964 
Granted200,000 7.30 
Exercised(1,341,324)11.18 
Cancelled(1,341,721)22.49 
Balances at December 31, 202015,354,27121.27 6.0129,855 
Exercised(3,460,364)23.05 
Cancelled(1,156,612)16.33 
Balances at December 31, 202110,737,29521.23 5.260,304 
Vested and expected to vest at December 31, 202110,620,061 21.36 5.258,772 
Exercisable at December 31, 20218,858,957 23.67 4.836,441 
The following table presents the stock activity and the total number of shares available for grant under our stock plans as of December 31, 2021:
 Plan Shares Available
for Grant
  
Balances at December 31, 202020,233,754 
Added to plan8,102,014 
Granted(6,475,536)
Cancelled2,778,276 
Expired(491,724)
Balances at December 31, 202124,146,784 
Schedule of RSU Activity and Related Information
A summary of our stock awards activity and related information is as follows:
Number of
Awards
Outstanding
Weighted
Average Grant
Date Fair
Value
Unvested Balance at December 31, 201910,112,266 $17.29 
Granted4,744,467 12.43 
Vested(7,806,038)17.48 
Forfeited(631,907)14.93 
Unvested Balance at December 31, 20206,418,788 $13.71 
Granted6,475,536 25.82 
Vested(2,904,996)17.04 
Forfeited(1,621,664)20.97 
Unvested Balance at December 31, 20218,367,664 20.52