Quarterly report pursuant to Section 13 or 15(d)

Equity-based Compensation (Tables)

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Equity-based Compensation (Tables)
6 Months Ended
Jun. 30, 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 six months ended June 30, 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 June 30, 2024
39,820  $ 81.47  7.57 $ — 
Vested as of June 30, 2024
28,294  $ 81.47  7.57 $ — 
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, 2024, is as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
Balance as of December 31, 2023
578,913  $ 15.67 
Granted
59,504  10.91 
Vested
(83,886) 21.33 
Forfeited/Repurchased
(40,212) 14.70 
Balance as of June 30, 2024
514,319  $ 14.21 
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 six months ended June 30, 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
(848,947) 1.45  18.40 
Forfeited/Repurchased
(30,083) 1.34  22.68 

Balance as of June 30, 2024
481,037  $ 1.60  $ 22.68  $ — 
Vested as of June 30, 2024
8,710,167 
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,
2024 2023 2024 2023
Stock options $ 179  $ 125  $ 359  $ 249 
RSUs 1,242  988  2,370  2,016 
ESPP purchase rights 20  63  40  126 
Time-based incentive units 454  648  1,082  1,369 
Total $ 1,895  $ 1,824  $ 3,851  $ 3,760