v3.26.1
Net Income (Loss) Per Share Attributable to Common Stockholders
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable to Common Stockholders Net Income (Loss) Per Share Attributable to Common Stockholders
Basic net income (loss) per share is computed by dividing the net income (loss) by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding, adjusted for the dilutive effect of all potential shares of common stock. In periods when the Company reported a net loss, diluted net loss per share is the same as basic net loss per share because the effects of potentially dilutive items are anti-dilutive.
The Company calculated basic and diluted net income (loss) per share attributable to common stockholders as follows:
Three Months Ended March 31,
2026
2025
Class A
Class B
Class A
Class B
Numerator
Net income (loss) attributable to common stockholders, basic$7,233 $601 $(7,711)$(549)
Net income (loss) attributable to common stockholders, diluted$7,218 $616 $(7,711)$(549)
Denominator
Weighted-average shares used in computing basic net income (loss) share attributable to common stockholders395,739 32,863 467,927 33,295 
Effect of dilutive potential shares of common stock3,713 1,256 — — 
Weighted-average shares used in computing diluted net income (loss) per share attributable to common stockholders
399,452 34,119 467,927 33,295 
Net income (loss) per share attributable to common stockholders, basic
$0.02 $0.02 $(0.02)$(0.02)
Net income (loss) per share attributable to common stockholders, diluted
$0.02 $0.02 $(0.02)$(0.02)
As the liquidation and dividend rights are identical for Class A common stock and Class B common stock, the undistributed earnings are allocated on a proportionate basis and the resulting income or loss per share will, therefore, be the same for both Class A common stock and Class B common stock on an individual or combined basis.
The following potentially dilutive securities were excluded from the computation of diluted net loss per share during the three months ended March 31, 2025 because including them would have had an anti-dilutive effect as the Company was in a loss position during the period:
Three Months Ended March 31, 2025
Class AClass B
Warrants to purchase Class B common stock
— 1,900 
Stock options, restricted stock, and employee stock purchase plan
48,609 5,169 
Total48,609 7,069 
Potentially dilutive securities that were excluded from the computation of diluted net income per share during the three months ended March 31, 2026 because including them would have had an anti-dilutive effect were as follows:
Three Months Ended March 31, 2026
Class A
Class B
Stock options, restricted stock, and employee stock purchase plan14,217 1,891