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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Option, Activity
The following table summarizes stock option awards outstanding as of June 30, 2022, as well as activity during the six months then ended:
(In thousands, except per share amounts)Number of
Options
Weighted Average
Exercise Price
Outstanding at December 31, 202125,425 $5.30 
Granted4,137 10.93 
Exercised(1,261)0.58 
Forfeited(1,743)7.84 
Outstanding at June 30, 202226,558 $6.24 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity The following table summarizes RSU awards outstanding as of June 30, 2022, as well as activity during the six months then ended:
(In thousands, except per share amounts)Number of
RSUs
Weighted Average
Grant Date Fair Value
Aggregate Fair Value
Outstanding at December 31, 2021 $ 
Granted877 $3.51 
Vested $ 
Forfeited(10)$3.79 
Outstanding at June 30, 2022867 $3.50 $3,035 
Share-based Payment Arrangement, Expensed and Capitalized, Amount
The total amount of stock-based compensation expense recognized in the unaudited condensed consolidated statements of operations for the three and six months ended June 30, 2022 and 2021 was as follows:
Statement of operations classificationThree Months Ended June 30,Six Months Ended June 30,
(In thousands)2022202120222021
Cost of revenue (stock options)$462 $162 $976 $217 
Selling, general and administrative (stock options)3,791 528 8,959 698 
Selling, general and administrative (Earn-Out Shares)1,877 — 3,752 — 
Total stock-based compensation expense$6,130 $690 $13,687 $915