Stock-based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Class P Unit Activities

A summary of the Class P Unit activity for the six months ended June 30, 2022 is as follows:

	Number of Units
Outstanding Class P Units, December 31, 2021	25,660,529
Cancellations	(27,891)
Exchanged for Class A Common Stock	(9,892,357)
Outstanding, Class P Units, June 30, 2022	15,740,281
Vested, June 30, 2022	14,575,755

Schedule of Restricted Stock Units Activity

A summary of the restricted stock unit (“RSU”) activity for the six months ended June 30, 2022 is as follows:

	Number of RSUs	Weighted-average Grant Date Fair Value
Non-vested at December 31, 2021	5,829,881	$	10.91
Granted	5,976,006	$	5.78
Vested	(855,788)	$	8.99
Forfeited	(705,915)	$	10.90
Non-vested at June 30, 2022	10,244,184	$	8.08

Schedule of Performance Shares Activity

A summary of the PRSU activity for the six months ended June 30, 2022 is as follows:

	Number of PRSUs	Weighted-average Grant Date Fair Value
Non-vested at December 31, 2021	2,437,500	$	6.40
Granted	—	$	—
Vested	—	$	—
Forfeited	—	$	—
Non-vested at June 30, 2022	2,437,500	$	6.40

Schedule of Stock-based Payment Arrangement

The Company recorded stock-based compensation cost related to the Class P Units, RSUs and PRSUs in the following expense categories on the accompanying condensed consolidated statements of operations (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Sales and marketing	$	2,072	$	3,826	$	3,883	$	3,826
Product development	1,516		1,994		2,928		1,994
General and administrative	4,506		13,613		8,800		13,613
Total stock-based compensation expense	8,094		19,433		15,611		19,433
Amount capitalized to software development	519		—		929		—
Total stock-based compensation cost	$	8,613	$	19,433	$	16,540	$	19,433