Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.2.2
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activities
Following is a summary of stock option activities for the nine months ended September 30, 2022:
Options Weighted
Average
Exercise Price
Weighted
Average
Grant Date
Fair Value
Weighted
Average
Remaining
Life
(years)
Intrinsic
Value
Outstanding – January 1, 2022 8,084,676  $ 0.19  $ 0.21  5.6 $ 69,875 
Granted —  —  — 
Exercised (450,143) 0.18  0.22 
Forfeited —  —  — 
Outstanding – September 30, 2022
7,634,533  $ 0.19  $ 0.21  4.8 $ 29,335 
Exercisable as of September 30, 2022
7,634,533  $ 0.19  $ 0.21  4.8 $ 29,335 
Summary of Restricted Stock Activity

Restricted Stock Units
Weighted Average Grant Date
Fair Value
Non-vested – January 1, 2022 2,373,523  $ 8.22 
Granted
571,031  6.89 
Vested
(518,957) 8.05 
Forfeited
(72,580) 8.44 
Non-vested – September 30, 2022
2,353,017  $ 8.19 
Summary of Stock-based Compensation Expense
Stock-based compensation expense for stock options and restricted stock units in the unaudited interim condensed consolidated statements of operations is summarized as follows:
Three Months Ended September 30,
Nine Months Ended September 30,
2022 2021 2022 2021
Software development
$ 189  $ 325  $ 718  $ 481 
General and administrative
1,439  3,371  4,657  7,630 
Selling and marketing
57  228 252  235
Total stock-based compensation expense
$ 1,685  $ 3,924  $ 5,627  $ 8,346