Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.22.4
SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Share-Based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
   
Year ended December 31,
  
   
2022
    
2021
    
2020
  
                   
Expected term, in years
    
4.61
      
4.40
      
6.25
  
Expected volatility
    
66
%
    
64
%
    
65
%
Risk-Free interest rate
    
1.54% - 4.36
%
    
0.48% - 1.01
%
    
0.46% - 1.74
%
Expected dividend yield
    
0
%
    
0
%
    
0
%
Summary of Share-Based Compensation Arrangements by Share-based Payment Award
   
Number of
options
    
Weighted-
average
exercise price
    
Weighted-
average
remaining
contractual
term
(in years)
    
Aggregate
intrinsic
value
  
                         
Outstanding at January 1, 2022
     16,237,346    
$
 5.55       6.95    
$
 43,173  
                                 
Granted
     1,242,128    
$
 4.30                  
Exercised
     (957,911
)
  
$
 0.64            
$
 3,570  
Forfeited
     (1,167,620
)
  
$
 5.76                  
Expired
     (1,272,947
)
  
$
 11.16                  
                                 
Outstanding at December 31, 2022
     14,080,996    
$
 5.24       6.00    
$
 19,724  
                                 
Exercisable at December 31, 2022
     9,060,946    
$
 5.12       5.82    
$
 15,868  
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

 

   
Number of
shares
    
Weighted
average
grant date
fair value
per share
  
             
Unvested as of December 31, 2021
     3,910,601    
$
 8.87  
Granted
     5,421,464    
$
 4.89  
Vested
    
(1,129,133
)
  
$
9.20
  
Forfeited
     (894,353
)
  
$
 8.16  
Unvested as of December 31, 2022
    
7,308,579
    
$
5.95
  
Summary of Management earn-out shares

 

   
May 12, 2021
  
       
Share Price
  

$

 9.75  
Expected volatility
     77.50

%
Risk-Free interest rate
     0.66

%
Threshold
  

$

 12.5  
Term (years)
    
4
  
Summary of Share-Based Payment Arrangement, Expensed and Capitalized, Amount
   
Year ended December 31,
  
   
2022
    
2021
    
2020
  
                   

 Cost of revenues

  

$

 174    

$

 -    

$

 -  
Research and development
  
 
 11,995    
 
 25,504    
 
 2,649  
Sales and marketing
     2,300       17,153       338  
General and administrative
     4,980       22,079       209  
 
                        
   
$
 19,449    
$
 64,736    
$
 3,196