Equity Incentive Plans and Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-Based Compensation

Total stock-based compensation expense is as follows for the periods indicated (in thousands):

	Three months ended March 31,
	2023		2022
Operations and support	$	3,142	$	930
General and administrative	7,152		4,929
Research and development	1,609		742
Sales and marketing	277		79
Total stock-based compensation expense	$	12,180	$	6,680

Schedule of Key Assumptions used to Determine Fair Value of Stock Options

The following table summarizes the key assumptions used to determine the fair value of the Company’s stock options granted to employees, non-employees, officers, and directors:

	Three months ended March 31,
	2023		2022
Expected term (in years)	6.21		4.09
Expected volatility	50.4%		54.7	%
Dividend yield	—	%	—	%
Risk-free interest rate	3.70% - 3.99%		1.79%
Weighted-average grant-date fair value per share	$0.48 - $0.68		$2.13