Quarterly report [Sections 13 or 15(d)]

Equity-based Compensation (Tables)

v3.26.1
Equity-based Compensation (Tables)
6 Months Ended
Jun. 30, 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 six months ended June 30, 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 June 30, 2026
32,924  $ 88.15  5.49 $ — 
Vested as of June 30, 2026
32,924  $ 88.15  5.49 $ — 
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 six months ended June 30, 2026, is as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
Balance as of December 31, 2025
656,522  $ 12.95 
Granted
26,600  9.64 
Vested
(237,644) 12.48 
Forfeited/Repurchased
(10,075) 12.82 
Balance as of June 30, 2026
435,403  $ 13.01 
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 June 30, Six Months Ended June 30,
2026 2025 2026 2025
Stock options $ 117  $ 193  $ 233  $ 413 
RSUs 1,027  1,599  2,059  3,270 
ESPP purchase rights 25  38  48  76 
Time-based incentive units —  13  —  143 
Total $ 1,169  $ 1,843  $ 2,340  $ 3,902