v3.25.4
CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED SHARES AND SHAREHOLDERS’ DEFICIT - USD ($)
$ in Thousands
Total
Common Class A
Common Class B
Common Stock
Common Class A
Common Stock
Common Class B
Treasury Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Profit (Loss)
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2022       102,084,746 68,945,014        
Beginning balance at Dec. 31, 2022 $ 494,436     $ 0 $ 0 $ 0 $ 848,609 $ (1,639) $ (352,534)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of ordinary shares upon exercise of share options (in shares)       3,010,478          
Stock Issued During Period, Value, Stock Options Exercised $ 3,816           3,816    
Issuance of ordinary shares upon vesting of restricted share units (in shares)       6,365,261          
Issuance of ordinary shares upon exercise of warrants (in shares)       1,187,087          
Purchase of Treasury shares (in shares) (3,038,865)     (3,038,865)          
Purchase of Treasury shares $ (13,155)         (13,155)      
Exchange of Class B ordinary shares to Class A ordinary shares (in shares)       19,130,150 (19,130,150)        
Share-based compensation expense 62,410           62,410    
Ordinary share warrants issued to a customer 1,536           1,536    
Other comprehensive profit (loss) 1,713             1,713  
Net profit (loss) (59,035)               (59,035)
Ending balance (in shares) at Dec. 31, 2023       128,738,857 49,814,864        
Ending balance at Dec. 31, 2023 491,721     $ 0 $ 0 (13,155) 916,371 74 (411,569)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of ordinary shares upon exercise of share options (in shares)       2,257,709          
Stock Issued During Period, Value, Stock Options Exercised 4,244           4,244    
Issuance of ordinary shares upon vesting of restricted share units (in shares)       7,408,175          
Purchase of Treasury shares (in shares)       (27,010,486)          
Purchase of Treasury shares (141,068)         (141,068)      
Exchange of Class B ordinary shares to Class A ordinary shares (in shares)       912,024 (912,024)        
Share-based compensation expense 57,831           57,831    
Ordinary share warrants issued to a customer 3,685           3,685    
Other comprehensive profit (loss) 813             813  
Net profit (loss) (34,922)               (34,922)
Ending balance (in shares) at Dec. 31, 2024   112,306,279 48,902,840 112,306,279 48,902,840        
Ending balance at Dec. 31, 2024 $ 382,304     $ 0 $ 0 (154,223) 982,131 887 (446,491)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of ordinary shares upon exercise of share options (in shares) 2,645,197     2,645,197          
Stock Issued During Period, Value, Stock Options Exercised $ 5,068           5,068    
Issuance of ordinary shares upon vesting of restricted share units (in shares)       8,264,607          
Shares withheld related to net share settlement of equity awards ( in shares)       (1,989,883)          
Shares withheld related to net share settlement of equity awards (9,497)           (9,497)    
Purchase of Treasury shares (in shares)       (21,976,537)          
Purchase of Treasury shares (106,228)         (106,228)      
Exchange of Class B ordinary shares to Class A ordinary shares (in shares)       4,784,385 (4,784,385)        
Share-based compensation expense 51,626           51,626    
Other comprehensive profit (loss) (949)             (949)  
Net profit (loss) (27,565)               (27,565)
Ending balance (in shares) at Dec. 31, 2025   104,034,048 44,118,455 104,034,048 44,118,455        
Ending balance at Dec. 31, 2025 $ 294,759     $ 0 $ 0 $ (260,451) $ 1,029,328 $ (62) $ (474,056)