v3.25.1
Subsequent Events (Tables)
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
Summary of Share Repurchase Activity The following table summarizes the share repurchase activity for the period stated.

Period

 

Total Number of Shares Purchased (1)

 

 

Average Price Paid Per Share (2)

 

 

Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)

 

 

Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1)

 

 

 

(in thousands, except per share amounts)

 

April 1 - April 30, 2025

 

 

3,326

 

 

$

0.90

 

 

 

3,326

 

 

$

17,450

 

May 1 - May 5, 2025

 

 

305

 

 

$

0.99

 

 

 

305

 

 

$

17,151

 

Total

 

 

3,631

 

 

 

 

 

 

3,631

 

 

 

 

 

(1) In March 2024, the Board authorized the repurchase of up to $50,000 of the Company's Class A common stock. Repurchases under the program can be made through open market transactions, privately negotiated transactions and other means in compliance with applicable federal securities laws, including through Rule 10b5-1 plans. The Company has discretion in determining the conditions under which shares may be repurchased from time to time. The repurchase program does not have an expiration date and may be suspended at any time at the Company's discretion. Refer to Note 7 — Convertible Preferred Stock and Equity in Part I, Item 1, of this Report for additional information related to share repurchases.

(2) Average price paid per share includes costs associated with the repurchases.