v3.26.1
Net Income Per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Share
12. NET INCOME PER SHARE
The following table summarizes the calculation of basic and diluted net income per share:
Year Ended December 31,
20252024
Net income attributable to Class A common stockholders basic and diluted$4,283 $561 
Weighted average number of shares of Class A common stock - basic28,138,140 27,617,335 
Effect of dilutive RSUs and options1,114,190 77,315 
Weighted average number of shares of Class A common stock - diluted29,252,330 27,694,650 
Net income per share of Class A common stock
Basic$0.15 $0.02 
Diluted$0.15 $0.02 
The basic income per share for the year ended December 31, 2025 does not include 1,635,783 shares in treasury and 716,650 shares that are issued and outstanding but are contingent on achieving earnout targets.
Additionally, the diluted income per share of Class A common stock for the years ended December 31, 2025 and 2024 does not include Redeemable preferred non-controlling interests because the substantive contingency for conversion has not been met as of December 31, 2025. It also excludes redeemable non-controlling interests for the years ended December 31, 2025 and 2024.
For the periods in which EPS is presented, the following securities were excluded from the computation of diluted EPS since their impact would have been antidilutive:
As of December 31,
20252024
Stock Options483,502 498,661 
Unvested PSUs1,936,307 716,650 
Unvested RSUs1,046,342 1,761,558 
OPAL Fuels Class B Units144,399,037 144,399,037