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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Option, Activity
The following table summarizes stock option awards outstanding as of September 30, 2022, as well as activity during the nine months then ended:
(In thousands, except per share amounts)Number of
Options
Weighted Average
Exercise Price
Outstanding at December 31, 202125,425 $5.30 
Granted4,323 10.55 
Exercised(1,583)0.57 
Forfeited(2,162)8.02 
Outstanding at September 30, 202226,003 $6.26 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity The following table summarizes RSU awards outstanding as of September 30, 2022, as well as activity during the nine 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— $— 
Granted9,072 $2.19 
Vested— $— 
Forfeited(100)$3.29 
Outstanding at September 30, 20228,972 $2.18 $19,559 
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 nine months ended September 30, 2022 and 2021 was as follows:
Statement of operations classificationThree Months Ended September 30,Nine Months Ended September 30,
(In thousands)2022202120222021
Cost of revenue (stock options, RSUs and ESPP)$505 $129 $1,481 $346 
Selling, general and administrative (stock options, RSUs and ESPP)3,710 869 12,669 1,567 
Selling, general and administrative (Earn-Out Shares)1,524 — 5,275 — 
Total stock-based compensation expense$5,739 $998 $19,425 $1,913