v3.25.3
Equity
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Equity

6. Equity

In September 2024, the Company issued and sold 5,750,000 shares of its Class A common stock in an underwritten public offering, including the exercise in full by the underwriters of their option to purchase an additional 750,000 shares of the Company’s Class A common stock at a public offering price of $100.00 per share (the “Public Offering”). Upon the closing of the Public Offering, the Company received net proceeds of $540.1 million, after deducting equity issuance costs of $0.4 million in addition to underwriting discounts and commissions.