Stock Incentive and Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Options Valuation Assumption Used

The assumptions used in the Black-Scholes option-pricing method related to options issued to employees and nonemployees for the three months ended March 31, 2023 are set forth below:

	Three Months Ended
	March 31, 2023
Expected dividend yield	0.00%
Expected stock-price volatility	40.00%
Risk-free interest rate	3.59% - 3.91%
Term of options	6.25
Fair value per share of common stock on date of grant	$ 7.27 - $ 8.08
Exercise price	$ 7.27 - $ 8.08

Schedule of Stock Options Outstanding Activity

The following table summarizes stock option activity during the three months ended March 31, 2023 (shares in thousands):

	Options			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life, in years		Aggregate Intrinsic Value
Outstanding as of December 31, 2022		16,939		$	1.68		7.0	$	38,942
Granted		14,820		$	8.08
Forfeited/Cancelled		(8	)	$	3.55
Outstanding as of March 31, 2023		31,751		$	4.67		8.0	$	112,019
Exercisable as of March 31, 2023		16,078		$	1.93		6.4	$	100,773