CCC Intelligent Solutions (CCCS) - 2024 Q1 - Quarterly Report

As of March 31, 2024, there was $238.9 million of unrecognized stock compensation expense related to unvested time-based awards which is expected to be recognized over a weighted-average period of 2.9 years. As of March 31, 2024, there was $86.9 million of unrecognized stock-based compensation expense related to unvested performance-based awards which is expected to be recognized over a weighted-average period of 1.5 years. 21 17. WARRANTS Upon consummation of the Business Combination, the Company assumed w ...