Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.2
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity
The summary of RSU activity is as follows (in thousands, except per share data):
Number of Units
Weighted-Average Grant Date Fair Value Per Share Aggregate Intrinsic Value (in thousands)
Balances—December 31, 2021
 10,032,871 $ 8.60  $ 73,240 
Granted 15,936,403 $ 5.60   
Vested (1,632,019) $ 8.02   
Forfeited (856,394) $ 7.54   
Balances—June 30, 2022
 23,480,861 $ 6.64  $ 115,291 
Summary of stock-based compensation expense
The following sets forth the total stock-based compensation expense for the Company’s stock options included in the Company’s condensed consolidated statements of operations (in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
Research and development expenses $ 13,387  $ 4,820  $ 28,110  $ 7,939 
Selling, general and administrative expenses 6,046  2,172  10,752  3,861 
Total stock-based compensation expense $ 19,433  $ 6,992  $ 38,862  $ 11,800