Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid In Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Beginning Balance at Dec. 31, 2020 $ 16,650 $ 2,622 $ 91,523 $ (1,117) $ (76,378)
Beginning Balance , Shares at Dec. 31, 2020   261,907,622      
Stock-based compensation expense 310   310    
Exercise of stock options 267 $ 7 260    
Exercise of stock options , Shares   688,430      
Shares repurchased (534)   (534)    
Shares repurchased, Shares   (180,681)      
(Loss) gain on interest rate swap 319     319  
Net income (loss) 24,584       24,584
Ending Balance at Mar. 31, 2021 41,596 $ 2,629 91,559 (798) (51,794)
Ending Balance , Shares at Mar. 31, 2021   262,415,371      
Beginning Balance at Dec. 31, 2020 16,650 $ 2,622 91,523 (1,117) (76,378)
Beginning Balance , Shares at Dec. 31, 2020   261,907,622      
Ending Balance at Jun. 30, 2021 574,017 $ 2,967 733,914 (770) (162,094)
Ending Balance , Shares at Jun. 30, 2021   296,062,478      
Beginning Balance at Dec. 31, 2020 16,650 $ 2,622 91,523 (1,117) (76,378)
Beginning Balance , Shares at Dec. 31, 2020   261,907,622      
(Loss) gain on interest rate swap 401        
Net income (loss) (58,350)        
Ending Balance at Sep. 30, 2021 608,188 $ 2,975 740,657 (716) (134,728)
Ending Balance , Shares at Sep. 30, 2021   296,794,199      
Beginning Balance at Mar. 31, 2021 41,596 $ 2,629 91,559 (798) (51,794)
Beginning Balance , Shares at Mar. 31, 2021   262,415,371      
Issuance of common stock pursuant to initial public offering, Shares   31,250,000      
Issuance of common stock pursuant to initial public offering 439,556 $ 313 439,243    
Stock-based compensation expense 203,231   203,231    
Vesting of restructed stock units, Shares   7,680      
Exercise of stock options 1,622 $ 25 1,597    
Exercise of stock options , Shares   2,516,784      
Shares repurchased (1,716)   (1,716)    
Shares repurchased, Shares   (127,357)      
(Loss) gain on interest rate swap 28     28  
Net income (loss) (110,300)       (110,300)
Ending Balance at Jun. 30, 2021 574,017 $ 2,967 733,914 (770) (162,094)
Ending Balance , Shares at Jun. 30, 2021   296,062,478      
Stock-based compensation expense 6,751   6,751    
Exercise of stock options 510 $ 8 502    
Exercise of stock options , Shares   757,887      
Shares repurchased (510)   510    
Shares repurchased, Shares   26,166      
(Loss) gain on interest rate swap 54     54  
Net income (loss) 27,366       27,366
Ending Balance at Sep. 30, 2021 608,188 $ 2,975 740,657 (716) (134,728)
Ending Balance , Shares at Sep. 30, 2021   296,794,199      
Beginning Balance at Dec. 31, 2021 657,152 $ 3,007 752,343 225 (98,423)
Beginning Balance , Shares at Dec. 31, 2021   300,120,451      
Stock-based compensation expense 5,519   5,519    
Exercise of stock options 1,326 $ 15 1,311    
Exercise of stock options , Shares   1,486,727      
(Loss) gain on interest rate swap 1,869     1,869  
Net income (loss) 35,488       35,488
Ending Balance at Mar. 31, 2022 701,354 $ 3,022 759,173 2,094 (62,935)
Ending Balance , Shares at Mar. 31, 2022   301,607,178      
Beginning Balance at Dec. 31, 2021 $ 657,152 $ 3,007 752,343 225 (98,423)
Beginning Balance , Shares at Dec. 31, 2021   300,120,451      
Exercise of stock options , Shares 3,637,985        
(Loss) gain on interest rate swap $ 375        
Net income (loss) 95,144        
Ending Balance at Sep. 30, 2022 775,572 $ 3,052 775,199 600 (3,279)
Ending Balance , Shares at Sep. 30, 2022   304,624,334      
Beginning Balance at Mar. 31, 2022 701,354 $ 3,022 759,173 2,094 (62,935)
Beginning Balance , Shares at Mar. 31, 2022   301,607,178      
Stock-based compensation expense 5,979   5,979    
Issuance of common stuck under employee plans, Shares   251,003      
Issuance of common stuck under employee plans 2,417 $ 2 2,415    
Vesting of restructed stock units   $ 5 (5)    
Vesting of restructed stock units, Shares   457,372      
Exercise of stock options 1,696 $ 16 1,680    
Exercise of stock options , Shares   1,601,615      
(Loss) gain on interest rate swap 301     301  
Net income (loss) 35,659       35,659
Ending Balance at Jun. 30, 2022 747,406 $ 3,045 769,242 2,395 (27,276)
Ending Balance , Shares at Jun. 30, 2022   303,917,168      
Stock-based compensation expense 5,461   5,461    
Exercise of stock options 503 $ 7 496    
Exercise of stock options , Shares   707,166      
(Loss) gain on interest rate swap (1,795)     (1,795)  
Net income (loss) 23,997       23,997
Ending Balance at Sep. 30, 2022 $ 775,572 $ 3,052 $ 775,199 $ 600 $ (3,279)
Ending Balance , Shares at Sep. 30, 2022   304,624,334