STOCKHOLDERS' EQUITY AND EQUITY INCENTIVE PLANS (Tables)

6 Months Ended

Jun. 30, 2025

A summary of the Company's stock option activity with respect to options granted under the 2021 Plan is as follows:


	Number of Options	Weighted Average exercise price		Weighted remaining contractual term (years)	Aggregate Intrinsic Value

Outstanding as of January 1, 2025	16,321,014	$	3.29	4.34	$	5,212

Granted	—	$	—	—	—
Exercised	(1,353,625)	$	1.99	—	$	516
Forfeited	(756,826)	$	4.67	—	—

Outstanding and exercisable as of June 30, 2025	14,210,563	$	3.34	4.44	$	3,786

The following table summarizes the RSU activity with respect to the 2021 Plan for the six months ended June 30, 2025:


	RSUs Outstanding	Weighted Average Grant Date Fair Value per Share
Outstanding as of December 31, 2024	12,331,745	$1.56
RSUs granted	9,063,300	$2.54
RSUs vested	(4,834,717)	$1.72
RSUs forfeited (1)	(1,900,755)	$1.56
Unvested and Outstanding as of June 30, 2025	14,659,573	$2.11

The stock-based compensation expense by line item in the accompanying consolidated statement of operations is summarized as follows:

The Company has the following common stock reserved for future issuance under the 2021 Plan:

KALTURA INC 10-Q