Quarterly report pursuant to Section 13 or 15(d)

Equity-based Compensation (Tables)

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Equity-based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024, is as follows:
Number of Options
Weighted Average Exercise Price
Weighted Average Remaining Contractual Term
(years)
Aggregate Intrinsic Value
Balance as of December 31, 2023
39,820  $ 81.47  8.06 $ — 
Granted
—  — 
Exercised
—  — 
Forfeited/Repurchased
—  — 
Balance as of March 31, 2024
39,820  $ 81.47  7.81 $ — 
Vested as of March 31, 2024
25,398  $ 82.01  7.81 $ — 
Schedule of Share-Based Payment Arrangement, Restricted Stock Unit, Activity
A summary of the Company's RSU activity under the 2021 Plan for the three months ended March 31, 2024, is as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
Balance as of December 31, 2023
578,913  $ 15.67 
Granted
37,800  8.05 
Vested
(26,742) 31.73 
Forfeited/Repurchased
(10,711) 22.23 
Balance as of March 31, 2024
579,260  $ 14.32 
Schedule of Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option
The following table summarizes time-based incentive unit activity under the 2018 Plan for the three months ended March 31, 2024:
Number of Units
Weighted Average
Grant Date
Fair Value
Weighted Average Participation Threshold
Aggregate Intrinsic Value
Balance as of December 31, 2023
1,360,067  $ 1.50  $ 20.01  $ — 
Granted
—  —  — 
Vested
(472,253) 1.41  17.93 
Forfeited/Repurchased
—  —  — 

Balance as of March 31, 2024
887,814  $ 1.54  $ 21.12  $ — 
Vested as of March 31, 2024
8,333,472 
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,
2024 2023
Stock options $ 180  $ 123 
RSUs 1,128  1,028 
ESPP purchase rights 20  62 
Time-based incentive units 628  723 
Total $ 1,956  $ 1,936