Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Class P Unit Activities

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

	Number of Units
Outstanding Class P Units, December 31, 2021	25,660,529
Cancellations	(48,807)
Exchanged for Class A Common Stock	(10,191,901)
Outstanding, Class P Units, September 30, 2022	15,419,821
Vested, September 30, 2022	14,534,582

Schedule of Restricted Stock Units Activity

A summary of the restricted stock unit (“RSU”) activity for the nine months ended September 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	6,639,434	$	5.50
Vested	(1,775,332)	$	9.44
Forfeited	(1,834,430)	$	9.22
Non-vested at September 30, 2022	8,859,553	$	8.08

Schedule of Performance Shares Activity

A summary of the PRSU activity for the nine months ended September 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 September 30, 2022	2,437,500	$	6.40

Schedule of Stock-based Payment Arrangement

The Company recorded stock-based compensation cost (credit) 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 September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Sales and marketing	$	956	$	689	$	4,839	$	4,515
Product development	1,065		1,865		3,993		3,859
General and administrative	(382)		1,638		8,418		15,251
Total stock-based compensation expense	1,639		4,192		17,250		23,625
Amount capitalized to software development	337		695		1,266		695
Total stock-based compensation cost	$	1,976	$	4,887	$	18,516	$	24,320