Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of stock option plan and the activity
The following table summarizes the Company’s stock option activity during the period presented:
  Shares
Underlying
Options
Weighted
Average Exercise
Price
Weighted
Average
Remaining
Contractual
Term (in years)
Aggregate Intrinsic Value
Outstanding as of January 1, 2023 3,979,533  $ 0.65  5.67
Granted —  $ — 
Forfeited (18,252) $ 0.49 
Exercised (250) $ 0.47 
Outstanding at March 31, 2023 3,961,031  $ 0.63  4.37 $ — 
Exercisable at March 31, 2023
3,899,158  $ 0.65  4.34 $ — 
Summary of restricted stock unit activity
The following table summarizes the Company’s restricted stock unit activity during the period presented:
Restricted Stock Units
Weighted Average Grant Fair Value per Share
Aggregate Intrinsic Value
Outstanding as of January 1, 2023 6,964,116  $ 1.51 
Granted 87,215  $ 0.57 
Forfeited (633,757) $ 0.94 
Settled (163,802) $ 3.18 
Outstanding at March 31, 2023 6,253,772  $ 1.55  $ 2,146