v3.25.2
Basic and Diluted Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net (Loss) Income Per Share The following table sets forth the computation of basic and diluted net loss per share:
(In thousands, except for share and per share amounts)Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Numerator:
Net loss attributable to common stockholders—Basic
$(12,747)$(19,499)$(39,188)$(33,412)
Net loss attributable to common stockholders—Diluted
$(12,747)$(19,499)$(39,188)$(33,412)
Denominator:
Weighted-average common shares outstanding—Basic (1)
147,811,114143,004,474147,071,137142,398,476
Weighted-average common shares outstanding—Diluted (1)
147,811,114143,004,474147,071,137142,398,476
Net loss per share—Basic
$(0.09)$(0.14)$(0.27)$(0.23)
Net loss per share—Diluted
$(0.09)$(0.14)$(0.27)$(0.23)
(1)Excludes weighted-average Sponsor Vesting Shares subject to return of 3,000,000 shares for each of the three and six months ended June 30, 2025 and 4,500,000 shares for each of the three and six months ended June 30, 2024.
Schedule of Potentially Dilutive Securities for Common Stock The following potentially dilutive securities for common stock were outstanding and excluded from diluted net loss per share as they are subject to performance or market conditions that were not achieved as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Options to purchase common stock1,058,231 1,481,531 1,058,231 1,481,531 
Performance-based stock awards1,951,788 1,780,168 1,951,788 1,780,168 
Earnout shares25,000,000 25,000,000 25,000,000 25,000,000 
Sponsor Vesting Shares
3,000,000 4,500,000 3,000,000 4,500,000 
The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Options to purchase common stock2,670,824 2,881,767 2,670,824 2,881,767 
Warrants to purchase common stock35,476,627 35,476,627 35,476,627 35,476,627 
RSU awards13,535,045 11,311,784 13,535,045 11,311,784