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Stock-Based Compensation (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Stock-Based Compensation    
Schedule of stock-based compensation by plan

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

March 31, 

 

 

    

2021

    

2020

 

Secondary market transaction

 

$

1,933

 

$

 —

 

Employee earnout restricted stock

 

 

12,373

 

 

 —

 

Employee awards

 

 

2,529

 

 

672

 

Total operating expenses

 

$

16,835

 

$

672

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

 

 

 

(as restated)

    

2019

Secondary market transaction

 

$

1,616

 

$

33,232

Employee awards

 

 

9,680

 

 

2,740

Total operating expenses

 

$

11,296

 

$

35,972

 

Schedule of stock option activity  

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted- 

    

 

 

 

 

 

 

Weighted- 

 

Average 

 

 

 

 

 

Number of 

 

Average 

 

Remaining 

 

Aggregate 

 

 

Options 

 

Exercise 

 

Contractual 

 

Intrinsic 

 

 

Outstanding

 

Price

 

Life (Years)

 

Value

Balances as of January 1, 2020

 

7,428,682

 

$

2.21

 

7.3

 

 

277

Options granted

 

2,202,417

 

 

4.23

 

  

 

 

  

Options exercised

 

(439,754)

 

 

2.02

 

  

 

 

  

Options forfeited

 

(323,840)

 

 

2.36

 

  

 

 

  

Options canceled or expired

 

(2,452,894)

 

 

2.41

 

  

 

 

  

Balances as of December 31, 2020

 

6,414,611

 

$

2.85

 

7.8

 

$

73,260

Exercisable at December 31, 2020

 

3,472,595

 

$

2.30

 

7.0

 

$

73,260

 

Schedule of fair value of assumptions  

 

 

 

 

 

 

    

2020

    

2019

Risk-free interest rate

 

0.3 – 0.6  %

 

1.6 – 1.9  %

Expected term (years)

 

5 – 6

 

3 – 6

Dividend yield

 

 

Volatility

 

59 – 60  %

 

46 – 51  %

 

Schedule of restricted stock activity  

 

 

 

 

 

 

 

    

Number of 

 

Weighted

 

 

Restricted 

 

Average

 

 

Stock Units

 

Fair Value

Balances as of January 1, 2020

 

 —

 

$

 —

Granted

 

2,450,718

 

 

3.69

Canceled

 

(35,578)

 

 

3.44

Balances as of December 31, 2020

 

2,415,140

 

$

3.64

 

Summary of the activity of restricted stock awards  

 

 

 

 

    

Number of 

 

 

Restricted 

 

 

Stock Awards

Balances as of January 1, 2020

 

472,141

Shares granted

 

 —

Shares vested

 

(305,379)

Shares forfeited

 

 —

Balances as of December 31, 2020

 

166,762