Quarterly report [Sections 13 or 15(d)]

Equity-based Compensation (Tables)

v3.26.3
Equity-based Compensation (Tables)
9 Months Ended
Sep. 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 nine months ended September 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 September 30, 2026
32,924  $ 88.15  5.24 $ — 
Vested as of September 30, 2026
32,924  $ 88.15  5.24 $ — 
Schedule of PSU Activity
A summary of the Company's 2026 PSU activity under the 2021 Plan for the nine months ended September 30, 2026, is as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
Balance as of December 31, 2025
—  $ 0.00 
Granted
141,075  11.02 
Vested
—  0.00 
Forfeited/Repurchased
—  0.00 
Balance as of September 30, 2026
141,075  $ 11.02 
Schedule of RSU Activity
A summary of the Company's time-based RSU activity under the 2021 Plan for the nine months ended September 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
185,472  10.77 
Vested
(322,365) 12.51 
Forfeited/Repurchased
(28,145) 12.80 
Balance as of September 30, 2026
491,484  $ 12.47 
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 September 30, Nine Months Ended September 30,
2026 2025 2026 2025
Stock options $ 119  $ 164  $ 352  $ 577 
RSUs 989  1,699  3,048  4,969 
ESPP purchase rights 15  32  63  108 
Time-based incentive units —  —  —  143 
Total $ 1,123  $ 1,895  $ 3,463  $ 5,797