Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.21.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
RSU activity under the Plan

The activity for stock subject to vesting as of March 31, 2021 is as follows (shares in thousands):

Shares Subject 

    

Weighted-Average

    

to Vesting

    

 Purchase Price

Balance of unvested shares as of January 1, 2021

280

$0.0001

Issuance of additional shares

 

 

Vested

 

(56)

 

$0.0001

Balance of unvested shares as of March 31, 2021

 

224

 

$0.0001

Schedule of warrants-pricing model

Three Months Ended

March 31, 2020

Risk‑free interest rate

2

%

Expected volatility

52.5

%

Expected life (in years)

7.8

Expected dividend yield

Fair value of Common Stock

$

3.34

Private Placement Warrants  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of warrants-pricing model

Three Months Ended

March 31, 2021

Risk‑free interest rate

0.4% – 0.6

%

Expected volatility

55.0

%

Expected life (in years)

4.8

Expected dividend yield

Fair value of Common Stock

$

19.82 – 30.49

Exercise price

$

11.50