Stock-Based Compensation

6 Months Ended

Jun. 30, 2023

Stock-Based Compensation

Stock-Based Compensation

9. Stock-Based Compensation

The following table summarizes the classification of stock-based compensation expense in the unaudited condensed consolidated statements of operations.

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Selling and marketing	$	896	$	1,270	$	1,941	$	1,902
Product and technology		1,254		1,840		2,703		2,977
General and administrative		4,254		6,592		8,654		10,677
Total stock-based compensation expense	$	6,404	$	9,702	$	13,298	$	15,556

Under our 2020 Stock Incentive Plan, which replaced the 2012 Equity Incentive Plan in December 2020, employees, directors and consultants are eligible for grants of incentive stock options, non-statutory stock options, stock appreciation rights, restricted stock awards (“RSAs”), restricted stock units (“RSUs”), performance restricted stock units (“PRSUs”), and other stock awards, collectively referred to as “Awards.”

The following table summarizes Award activity for the six months ended June 30, 2023:

			Number of
		Number of	Performance
	Number of	Restricted	Restricted
	Options	Stock Units	Stock Units
Balances as of December 31, 2022	3,862,918	5,309,241	920,924
Granted	—	5,591,534	3,135,073
Vested		(1,164,592)	—
Exercised	(4,519)	—	—
Forfeited, canceled or expired	(141,207)	(547,505)	—
Balances as of June 30, 2023	3,717,192	9,188,678	4,055,997