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Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity Related to the RSAs Associated With Compensation Arrangements
The following is a summary of activity related to the RSUs associated with compensation arrangements during the nine months ended September 30, 2024:
RSU’sWeighted-
Average
Grant-Date
Fair Value
Unvested balance as of January 1, 20243,897,957 $24.85 
Granted2,287,155 18.67 
Vested(943,353)29.13 
Forfeited(1,341,245)22.81 
Unvested balance as of September 30, 2024
3,900,514 $21.13 
Schedule of Unvested Restricted Stock Units Expected Vesting Period
The following is a vesting schedule of the expected vesting period related to the unvested RSUs as of September 30, 2024:
Unvested RSU’s
Expected to vest within 1 year1,541,630 
Expected to vest between 1 to 2 years1,378,685 
Expected to vest between 2 to 3 years980,199 
Unvested balance as of September 30, 2024
3,900,514 
Schedule of Compensation Expense Related to the RSAs
Below is the compensation expense recognized related to the RSUs within the condensed consolidated statements of operations:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Cost of direct salaries and benefits$97 $229 $377 $445 
Research and development2,467 (3,584)8,431 6,808 
Sales and marketing(594)435 (106)466 
General and administrative3,142 3,368 11,281 9,991 
Total$5,112 $448 $19,983 $17,710 
Below is a summary of total compensation expense recorded in relation to the Company’s incentive plans within the condensed consolidated statements of operations:

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
RSAs$— $$— $10 
RSUs5,112 448 19,983 17,710 
Founder PSUs1,031 3,716 7,055 16,759 
Total$6,143 $4,165 $27,038 $34,479 

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Cost of direct salaries and benefits$97 $229 $377 $445 
Research and development2,467 (3,583)8,431 $6,813 
Sales and marketing(594)435 (106)466 
General and administrative4,173 7,084 18,336 26,755 
Total$6,143 $4,165 $27,038 $34,479