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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of components of stock-based compensation expense
For the three and nine months ended September 30, 2021 and 2020, the components of stock-based compensation expense were as follows:
Three months ended September 30,Nine months ended September 30,
2021202020212020
Stock options$449 $372 $15,421 $1,097 
Restricted stock units7,247 — 7,247 — 
Capitalized costs (1)
(747)(9)(803)(27)
Total stock-based compensation$6,948 $363 $21,865 $1,070 
(1)Included in internally developed software on the Condensed Consolidated Balance Sheets.
Schedule of the Employee and Nonemployee Stock Options
A summary of the status of the employee and non-employee stock options as of September 30, 2021 and changes during 2021 is presented below (the number of options represents ordinary shares exercisable in respect thereof):
Options
Outstanding(1)
Weighted Average
Exercise Price(1)
Aggregate
Intrinsic Value
Balance at December 31, 202021,651,225 $0.63 
Options forfeited(738,207)$1.52 
Options expired(262,296)$0.93 
Options exercised(6,008,995)$0.57 
Options granted788,045 $3.92 
Balance at September 30, 202115,429,772 $0.78 $161,900 
Exercisable at September 30, 20219,920,280 $0.58 $106,003 
(1)Options outstanding and weighted average exercise price have been retroactively adjusted to give effect to the Exchange Ratio.
Schedule of the Assumptions Used to Estimate the Fair Value of Stock Options Granted The assumptions used to estimate the fair value of stock options granted during the nine months ended September 30, 2021 are as follows:
Expected term6 years
Volatility
49.01% - 49.29%
Risk-free interest rate
0.50% - 0.63%
Dividend yield0%
Schedule of Restricted Stock Unit, Activity
Number of RSUsWeighted Average Grant Date Fair Value (per unit)
Balance at December 31, 2020— $— 
Granted5,682,586 $13.14 
Vested(14,412)$11.52 
Forfeited(121,684)$13.19 
Balance at September 30, 20215,546,490 $13.14