Quarterly report [Sections 13 or 15(d)]

Equity-based Compensation (Tables)

v3.26.1
Equity-based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Arrangement, Option, Activity
A summary of the Company's time-based stock option activity under the 2021 Plan for the three months ended March 31, 2026, is as follows:
Number of Options
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
(years)
Aggregate Intrinsic Value
Balance as of December 31, 2025
39,820  $ 81.47  4.99 $ — 
Granted
—  — 
Exercised
—  — 
Forfeited/Repurchased
(6,896) 49.56 
Balance as of March 31, 2026
32,924  $ 88.15  5.74 $ — 
Vested as of March 31, 2026
32,924  $ 88.15  5.74 $ — 
Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Activity
A summary of the Company's time-based RSU activity under the 2021 Plan for the three months ended March 31, 2026, is as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
Balance as of December 31, 2025
656,522  $ 12.95 
Granted
—  — 
Vested
(68,462) 13.23 
Forfeited/Repurchased
(3,266) 11.95 
Balance as of March 31, 2026
584,794  $ 12.92 
Schedule of Summarizes The Company’s Equity-based Compensation Expense
The following table summarizes the Company’s equity-based compensation expense by award type for all Plans:
Three Months Ended March 31,
2026 2025
Stock options $ 116  $ 220 
RSUs 1,032  1,671 
ESPP purchase rights 23  38 
Time-based incentive units —  130 
Total $ 1,171  $ 2,059