v3.26.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) Per Share, Basic and Diluted
The following table presents the calculation of basic and diluted net income (loss) per share attributable to Series A and Series B common stockholders for the three months ended March 31, 2026 and 2025 (in thousands, except share and per share data):
Three Months Ended March 31,
20262025
Net income (loss) per share attributable to Series A and Series B common stockholders, basic:
Numerator:
Net income (loss)$9,038 $(14,089)
Denominator:
Weighted-average shares, basic304,343,623 274,198,213
Net income (loss) per share attributable to Series A and Series B common stockholders, basic$0.03 $(0.05)
Net income (loss) per share attributable to Series A and Series B common stockholders, diluted:
Numerator:
Net income (loss)$9,038 $(14,089)
Denominator:
Weighted-average shares, diluted305,801,451 274,198,213
Net income (loss) per share attributable to Series A and Series B common stockholders, diluted$0.03 $(0.05)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the potential common shares excluded from the computation of diluted net income (loss) per share (in thousands):
As of March 31,
20262025
Warrants outstanding2,066,293 3,443,822 
Investment Option15,743,174 15,743,174 
RSUs and PSUs outstanding21,527,931 20,026,174 
Options outstanding— 24,242,288 
ESPP774,123 325,602 
Total40,111,521 63,781,060