General form of registration statement for all companies including face-amount certificate companies

Stock Option Plan (Tables)

v3.21.2
Stock Option Plan (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Summary of Unvested Restricted Stock Units Roll Forward RSU activity under the Plan is as follows:
    
Unvested RSUs outstanding
  
    
Number of
shares
     
Weighted-
Average Grant
Date Fair Value
  
Balance, December 31, 2020
      —             
Granted
      17,935,680      $ 8.70  
Forfeited
      (1,522,588 )       8.38  
    
 
 
     
 
 
  
Balance, June 30, 2021
      16,413,092      $ 8.47  
    
 
 
     
 
 
  
 
Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount
Total stock-based compensation expense by function was as follows (in thousands):
 
    
Six Months Ended
June 30,
  
    
2021
     
2020
  
Research and Development
    $ 74,314      $ 7,469  
Selling, general, and administrative
      4,124        1,293  
    
 
 
     
 
 
  
Total
    $ 78,438      $ 8,763  
    
 
 
     
 
 
  
 
Two Thousand And Seventeen Equity Incentive Plan [Member]    
Summary of Share-based Compensation Arrangements by Share-based Payment Award
Stock option activity under the Plan in the six months ended June 30, 2021 is as follows:
 
    
Options outstanding
  
    
Number of
Shares
     
Weighted
average
exercise price
  
Balance, December 31, 2020
      34,584,332      $ 1.90  
Granted
      8,973,700        7.95  
Exercised
      (1,332,592 )       1.61  
Forfeited
      (1,849,170 )       4.88  
    
 
 
     
 
 
  
Balance, June 30, 2021
      40,376,270      $ 3.12  
    
 
 
     
 
 
  
Stock option activity under the Plan is as follows:
 
           
Options outstanding
  
    
Options

available
     
Number

of shares
     
Weighted

average

exercise price
  
Balance, December 31, 2018
      11,570,290        18,099,300      $ 0.49  
Authorized
      11,924,831        —          —    
Granted
      (17,354,941 )       17,354,941        3.05  
Exercised
      —          (814,695 )       0.92  
Early exercise repurchase
      147,917        —          0.12  
Forfeited
      1,983,420        (1,983,420 )       2.15  
    
 
 
     
 
 
           
Balance, December 31, 2019
      8,271,517        32,656,126      $ 1.74  
    
 
 
     
 
 
           
Authorized
      —          —          —    
Granted
      (6,446,750 )       6,446,750        3.11  
Exercised
      —          (1,528,215 )       1.95  
Early exercise repurchase
      890,960        —          0.86  
Forfeited
      2,990,329        (2,990,329 )       2.65  
    
 
 
     
 
 
           
Balance, December 31, 2020
      5,706,056        34,584,332      $ 1.90  
    
 
 
     
 
 
           
Two Thousand And Sixteen Blackmore And Sensor Analytics Equity Incentive Plans [Member]    
Summary of Share-based Compensation Arrangements by Share-based Payment Award  
           
Options outstanding
  
    
Options
available
     
Number
of shares
     
Weighted
average
exercise price
  
Balance, August 26, 2019
      —          581,730      $ 0.84  
Authorized
      —          —          —    
Granted
      —          —          —    
Exercised
      —          (5,189 )       0.15  
Forfeited
      —          (37,924 )       1.09  
    
 
 
     
 
 
           
Balance, December 31, 2019
      —          538,617      $ 0.83  
    
 
 
     
 
 
           
Authorized
      —          —             
Granted
      —          —             
Exercised
      —          (78,454 )       0.60  
Forfeited
      —          (4,064 )       1.11  
    
 
 
     
 
 
           
Balance, December 31, 2020
      —          456,099      $ 0.88