Pay vs Performance Disclosure
number in Thousands
number in Thousands
Dec. 31, 2021
Mar. 31, 2023
Dec. 31, 2023
Dec. 09, 2021
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
PAY VERSUS PERFORMANCE | ||||||||||||||||||||||||||||||||||||||
Year | Summary Compensation Table (“SCT”) Total for PEO 1 (b-1)(1) | Compensation Actually Paid (“CAP”) to PEO 1 (c-1)(1)(2) | SCT Total for PEO 2 (b-2)(1) | CAP to PEO 2 (c-2)(1)(2) | SCT Total for PEO 3 (b-3)(1) | CAP to PEO 3 (c-3)(1)(2) | Average SCT Total for Non-PEO Named Executive Officers (“NEOs”) (d) | Average Compensation Actually Paid to Non-PEO NEOs (e)(1)(2) | Value of Initial Fixed $100 Investment Based On: | Net Income (in thousands) (h)(5) | Company-Selected Measure: Adjusted EBITDA * (in thousands) (i)(6) | |||||||||||||||||||||||||||
Total Shareholder Return (“TSR”) (f)(3) | Peer Group TSR (g)(4) | |||||||||||||||||||||||||||||||||||||
2025 | $744,707 | $14,044,496 | $2,722,432 | $4,851,600 | $46.35 | $195.91 | $(83,250) | $69,332 | ||||||||||||||||||||||||||||||
2024 | $19,057,618 | $11,118,485 | $7,564,302 | $4,696,453 | $31.98 | $163.03 | $(56,514) | $69,308 | ||||||||||||||||||||||||||||||
2023 | $3,339,028 | $28,415,687 | $906,845 | $(1,643,130) | $720,376 | $1,090,560 | $33.79 | $130.55 | $(52,934) | $55,453 | ||||||||||||||||||||||||||||
2022 | $8,690,747 | $(524,483) | $1,952,463 | $157,360 | $22.58 | $84.88 | $(234,380) | $(15,113) | ||||||||||||||||||||||||||||||
2021 | $9,419,692 | $9,727,192 | $6,528,618 | $2,297,036 | $3,033,187 | $255,230 | $60.96 | $126.63 | $120,348 | $143,228 | ||||||||||||||||||||||||||||
* Adjusted EBITDA is a non-GAAP financial measure. See “Appendix A” for a reconciliation of Adjusted EBITDA to the most comparable U.S. GAAP performance measure, “Net income (loss).”
Item Added (Deducted) | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||||||||
For PEO 1 (Dusan Senkypl): | |||||||||||||||||
Summary Compensation Table Total for PEO 1 (column (b-1)) | $ | 744,707 | $ | 19,057,618 | $ | 3,339,028 | n/a | n/a | |||||||||
- SCT “Stock Awards” column value | $ | (530,495) | $ | (18,943,753) | $ | — | |||||||||||
- SCT “Option Awards” column value | $ | — | $ | — | $ | (3,325,000) | |||||||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | — | $ | 12,503,714 | $ | 18,750,006 | |||||||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | 5,357,685 | $ | (641,502) | $ | — | |||||||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | — | $ | — | $ | 9,696,359 | |||||||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | 8,472,600 | $ | (857,590) | $ | (44,706) | |||||||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | — | $ | — | $ | — | |||||||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | $ | — | $ | — | |||||||||||
[+ excess fair value for equity award modifications] | $ | — | $ | — | $ | — | |||||||||||
Compensation Actually Paid to PEO 1 (column (c-1)) | $ | 14,044,496 | $ | 11,118,485 | $ | 28,415,687 | |||||||||||
For PEO 2 (Kedar Deshpande): | |||||||||||||||||
Summary Compensation Table Total for PEO 2 (column (b-2)) | n/a | n/a | $ | 906,845 | $ | 8,690,747 | $ | 9,419,692 | |||||||||
- SCT “Stock Awards” column value | $ | — | $ | 7,980,691 | $ | 8,377,500 | |||||||||||
- SCT “Option Awards” column value | $ | — | $ | — | $ | — | |||||||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | — | $ | 2,079,723 | $ | 8,685,000 | |||||||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | — | $ | (3,645,000) | $ | — | |||||||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | — | $ | 1,587,925 | $ | — | |||||||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | (965,704) | $ | (1,257,188) | $ | — | |||||||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | (1,584,271) | $ | — | $ | — | |||||||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | $ | — | $ | — | |||||||||||
[+ excess fair value for equity award modifications] | $ | — | $ | — | $ | — | |||||||||||
Compensation Actually Paid to PEO 2 (column (c-2)) | $ | (1,643,130) | $ | (524,483) | $ | 9,727,192 | |||||||||||
For PEO 3 (Aaron Cooper): | |||||||||||||||||
Summary Compensation Table Total for PEO 3 (column (b-3)) | n/a | n/a | n/a | n/a | $ | 6,528,618 | |||||||||||
- SCT “Stock Awards” column value | $ | 4,878,999 | |||||||||||||||
- SCT “Option Awards” column value | $ | — | |||||||||||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | — | |||||||||||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | — | |||||||||||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | 1,969,587 | |||||||||||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | (297,179) | |||||||||||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | 1,024,991 | |||||||||||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | |||||||||||||||
[+ excess fair value for equity award modifications] | $ | — | |||||||||||||||
Compensation Actually Paid to PEO 3 (column (c-3)) | $ | 2,297,036 | |||||||||||||||
For Non-PEO Named Executive Officers (Average): | |||||||||||||||||
Average Summary Compensation Table Total for Non-PEO NEOs (column (d)) | $ | 2,722,432 | $ | 7,564,302 | $ | 720,376 | $ | 1,952,463 | $ | 3,033,187 | |||||||
- SCT “Stock Awards” column value | $ | (2,165,154) | $ | (7,103,914) | $ | (249,333) | $ | 761,932 | $ | 2,148,633 | |||||||
- SCT “Option Awards” column value | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | 1,172,001 | $ | 4,688,897 | $ | 784,665 | $ | 423,131 | $ | 1,447,245 | |||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | 1,590,552 | $ | — | $ | 94,177 | $ | (1,023,866) | $ | (536,481) | |||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | 1,531,769 | $ | (452,833) | $ | (101,437) | $ | (412,436) | $ | 102,972 | |||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | — | $ | — | $ | (157,889) | $ | 20,000 | $ | 1,643,060 | |||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
[+ excess fair value for equity award modifications] | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
Average Compensation Actually Paid to Non-PEO NEOs (column (e)) | $ | 4,851,600 | $ | 4,696,453 | $ | 1,090,560 | $ | 157,360 | $ | 255,230 | |||||||
* The fair value or incremental fair value of all incentive equity awards is determined in accordance with ASC 718, “Compensation - Stock Compensation,” and does not differ materially from the methodology and assumptions the Company uses for financial reporting purposes when determining the grant date fair value of our equity awards reflected in the Summary Compensation Table.
Item Added (Deducted) | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||||||||
For PEO 1 (Dusan Senkypl): | |||||||||||||||||
Summary Compensation Table Total for PEO 1 (column (b-1)) | $ | 744,707 | $ | 19,057,618 | $ | 3,339,028 | n/a | n/a | |||||||||
- SCT “Stock Awards” column value | $ | (530,495) | $ | (18,943,753) | $ | — | |||||||||||
- SCT “Option Awards” column value | $ | — | $ | — | $ | (3,325,000) | |||||||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | — | $ | 12,503,714 | $ | 18,750,006 | |||||||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | 5,357,685 | $ | (641,502) | $ | — | |||||||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | — | $ | — | $ | 9,696,359 | |||||||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | 8,472,600 | $ | (857,590) | $ | (44,706) | |||||||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | — | $ | — | $ | — | |||||||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | $ | — | $ | — | |||||||||||
[+ excess fair value for equity award modifications] | $ | — | $ | — | $ | — | |||||||||||
Compensation Actually Paid to PEO 1 (column (c-1)) | $ | 14,044,496 | $ | 11,118,485 | $ | 28,415,687 | |||||||||||
For PEO 2 (Kedar Deshpande): | |||||||||||||||||
Summary Compensation Table Total for PEO 2 (column (b-2)) | n/a | n/a | $ | 906,845 | $ | 8,690,747 | $ | 9,419,692 | |||||||||
- SCT “Stock Awards” column value | $ | — | $ | 7,980,691 | $ | 8,377,500 | |||||||||||
- SCT “Option Awards” column value | $ | — | $ | — | $ | — | |||||||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | — | $ | 2,079,723 | $ | 8,685,000 | |||||||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | — | $ | (3,645,000) | $ | — | |||||||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | — | $ | 1,587,925 | $ | — | |||||||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | (965,704) | $ | (1,257,188) | $ | — | |||||||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | (1,584,271) | $ | — | $ | — | |||||||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | $ | — | $ | — | |||||||||||
[+ excess fair value for equity award modifications] | $ | — | $ | — | $ | — | |||||||||||
Compensation Actually Paid to PEO 2 (column (c-2)) | $ | (1,643,130) | $ | (524,483) | $ | 9,727,192 | |||||||||||
For PEO 3 (Aaron Cooper): | |||||||||||||||||
Summary Compensation Table Total for PEO 3 (column (b-3)) | n/a | n/a | n/a | n/a | $ | 6,528,618 | |||||||||||
- SCT “Stock Awards” column value | $ | 4,878,999 | |||||||||||||||
- SCT “Option Awards” column value | $ | — | |||||||||||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | — | |||||||||||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | — | |||||||||||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | 1,969,587 | |||||||||||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | (297,179) | |||||||||||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | 1,024,991 | |||||||||||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | |||||||||||||||
[+ excess fair value for equity award modifications] | $ | — | |||||||||||||||
Compensation Actually Paid to PEO 3 (column (c-3)) | $ | 2,297,036 | |||||||||||||||
For Non-PEO Named Executive Officers (Average): | |||||||||||||||||
Average Summary Compensation Table Total for Non-PEO NEOs (column (d)) | $ | 2,722,432 | $ | 7,564,302 | $ | 720,376 | $ | 1,952,463 | $ | 3,033,187 | |||||||
- SCT “Stock Awards” column value | $ | (2,165,154) | $ | (7,103,914) | $ | (249,333) | $ | 761,932 | $ | 2,148,633 | |||||||
- SCT “Option Awards” column value | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
+ year-end fair value of equity awards granted in covered year that are outstanding and unvested as of the covered year-end | $ | 1,172,001 | $ | 4,688,897 | $ | 784,665 | $ | 423,131 | $ | 1,447,245 | |||||||
+/- change in fair value for equity awards granted in prior years that are outstanding and unvested as of the covered year-end | $ | 1,590,552 | $ | — | $ | 94,177 | $ | (1,023,866) | $ | (536,481) | |||||||
+ vesting date fair value of covered-year equity awards that vested in the covered year | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
+/- change in fair value for prior-year equity awards that vested in the covered year | $ | 1,531,769 | $ | (452,833) | $ | (101,437) | $ | (412,436) | $ | 102,972 | |||||||
- Prior year-end fair value of prior-year equity awards that fail to vest in the covered year | $ | — | $ | — | $ | (157,889) | $ | 20,000 | $ | 1,643,060 | |||||||
+ Includable dividends/earnings on equity awards during covered year | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
[+ excess fair value for equity award modifications] | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||
Average Compensation Actually Paid to Non-PEO NEOs (column (e)) | $ | 4,851,600 | $ | 4,696,453 | $ | 1,090,560 | $ | 157,360 | $ | 255,230 | |||||||
* The fair value or incremental fair value of all incentive equity awards is determined in accordance with ASC 718, “Compensation - Stock Compensation,” and does not differ materially from the methodology and assumptions the Company uses for financial reporting purposes when determining the grant date fair value of our equity awards reflected in the Summary Compensation Table.
Relationship of Compensation Actually Paid to Total Shareholder Return
Relationship of Compensation Actually Paid to Company Net Income
Relationship of Compensation Actually Paid to Company Adjusted EBITDA*
Relationship of Compensation Actually Paid to Total Shareholder Return
Revenue | ||
Adjusted EBITDA* | ||
Stock Price | ||