Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Class P Unit Activities

A summary of the Class P Unit activity for the three months ended March 31, 2023 is as follows:

	Number of Units
Outstanding Class P Units, December 31, 2022	15,125,429
Cancellations	(25,567)
Exchanged for Class A Common Stock	(75,000)
Outstanding, Class P Units, March 31, 2023	15,024,862
Vested, March 31, 2023	14,791,675

Schedule of Restricted Stock Units Activity

A summary of the restricted stock unit (“RSU”) activity for the three months ended March 31, 2023 is as follows:

	Number of RSUs	Weighted-average Grant Date Fair Value
Non-vested at December 31, 2022	6,269,868	$	7.07
Granted	573,553	$	1.04
Vested	(478,097)	$	8.14
Forfeited	(455,860)	$	8.36
Non-vested at March 31, 2023	5,909,464	$	6.30

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 March 31,
	2023		2022
Sales and marketing	$	897	$	1,811
Product development	1,168		1,412
General and administrative	2,318		4,294
Total stock-based compensation expense	4,383		7,517
Amount capitalized to software development	298		410
Total stock-based compensation cost	$	4,681	$	7,927